Although elder law considerations in estate planning are many and varied, a prevailing and widely held view concerning the topic has long stressed that administration in this discrete area centers almost solely on safeguarding elderly loved ones from financial ruin in old age, mostly due to high medical costs.
We all have heard the adage “where there’s a will, there’s a way.” We follow that adage with all of our estate plans because we believe that people should have their wishes honored as they pass on. However, we also understand that many people do not see the usefulness of a will. Through this post, we will explain the importance of having a will, and provide some helpful details about what they can (and cannot) do.
The above headline for today's blog post can be quickly answered in a single word, namely this: lots.