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Protect Your Kids from Your Old Age – Nine Thoughts

Posted by Gregory Poulos | Sep 18, 2019 | 0 Comments

Parents will tell you, their kids will take care of them. If you pose the same question to their children….you might get a different answer. Making that process more efficient and understood should be a concern of all aging parents. Not only will this make it easier for your children, it can prot...

I Signed a Deed Disclaimer and my Spouse Died – Oh No!

Posted by Gregory Poulos | Aug 27, 2019 | 0 Comments

I Signed a Deed Disclaimer and my Spouse Died – Oh No! What are we talking about here? In Arizona, any assets purchased during the marriage are presumed to be community property. One exception is when one spouse signs a disclaimer deed as part of a real estate transaction. This situation usually ...

Information About Continuing Care Communities

Posted by Gregory Poulos | Aug 01, 2019 | 0 Comments

Life plan communities, often referred to as continuing care retirement communities (CCRCs), are an increasingly popular choice of aging Americans. These communities offer the array of care options necessary as seniors move through the stages of aging that include independent or assisted living, m...

Leaving Well: A Step-by-Step Process

Posted by Gregory Poulos | Jul 24, 2019 | 0 Comments

Contemplating our own death is one of the hardest challenges we will ever have to face. Yet, if we want our dying to be meaningful and merciful, it is imperative that we think about it while we still can. Most of us want to die at home, in a familiar and peaceful setting surrounded by loved ones....

Your Estate Plan May Be Worthless

Posted by Gregory Poulos | Jul 15, 2019 | 0 Comments

WHAT!? Why? There are eight reasons why the estate plan you thought was fine may not ensure that your wishes are carried out. 1. Missing Parts of the Plan You may be missing some critical parts of an effective estate plan. At a minimum, all clients should have a Will, financial power of attorney,...

The Senior Safe Act

Posted by Gregory Poulos | Jul 12, 2019 | 0 Comments

The Senior Safe Act, signed into law by President Trump earlier this year, is designed to protect our elders from financial abuse from either within a family or support system, or by scam artists preying upon them. Tens of billions of dollars each year are illegally taken from US seniors and thes...

Eight Things to do When a Person Dies

Posted by Gregory Poulos | Jun 28, 2019 | 0 Comments

When someone passes away, it is always an emotional time for family members. Unfortunately, it is also a time when someone in the family should think clearly, because there are things you should do immediately that will help make the experience easier for everyone in the family. #1: Get Access to...

Can Creditors Grab Probate Assets?

Posted by Gregory Poulos | May 22, 2019 | 0 Comments

When someone passes away, one of the first questions I am often asked is if creditors can take part of the estate assets to settle debts. Another related question is whether or not the heirs are personally responsible for paying things like credit card bills, the mortgage, phone and power bills, ...

End of Life Planning: Preserving Quality

Posted by Gregory Poulos | May 12, 2019 | 0 Comments

We lawyers prepare powers-of-attorney documents so that when our clients can no longer act for themselves, the documents will convey on other trusted people the authority to act on our clients' behalf. But when it comes to actually using those documents at the time of a health-care crisis, clear ...

Appropriate Documents For End-of-Life Care Decisions

Posted by Gregory Poulos | Apr 17, 2019 | 0 Comments

You may think your living will is in order, including instructions regarding resuscitation commonly referred to as a DNR (do not resuscitate). While your wishes in a living will may be appropriately documented, that does not guarantee the instructions will be carried out as you stated. The fright...

A Power of Attorney Protects Your Right to Vote

Posted by Gregory Poulos | Apr 12, 2019 | 0 Comments

Your right to vote is a fundamental lynchpin of what it means to be a citizen – yet you could lose your right if you become a ward in a guardianship. Having a strong power of attorney is essential to avoid that drastic, but little-known, consequence. A power of attorney gives a trusted person the...

Special Needs Trusts – What You Need to Know

Posted by Gregory Poulos | Apr 01, 2019 | 0 Comments

In general, a trust is created when property or assets are managed by a person or firm for another person's benefit. The person or entity who manages the trust is known as the “trustee” and is entrusted with the responsibility of making decisions in the best interest of the person who benefits fr...

Recognizing and Reporting Elder Abuse

Posted by Gregory Poulos | Mar 29, 2019 | 0 Comments

What is Elder Abuse? Elder abuse is a problem that takes many forms. Unfortunately, many seniors are subjected to elder abuse and often times the abuse goes unreported and the abuser goes unpunished. Elder abuse may take the form of physical abuse, include hitting, striking, beating, kicking, ...

Retirement Challenges Facing Women

Posted by Gregory Poulos | Jan 10, 2019 | 0 Comments

For women, securing enough retirement income can be a daunting proposition. Generally speaking, women face two significant hurdles to overcome to achieve a comfortable flow of retirement income. One hurdle involves longevity, and the second deals with earning power. Women have a longer life expec...

What is Long Term Care Insurance?

Posted by Gregory Poulos | Jan 04, 2019 | 0 Comments

Long-term care insurance is very beneficial for the elderly or disabled person who need will services or support to meet their personal care or health needs. However, it is important to understand long-term care insurance before the time comes when the benefits are needed. Unfortunately, many peo...

New Law Encourages Reporting of Elder Financial Abuse

Posted by Gregory Poulos | Dec 22, 2018 | 0 Comments

President Trump signed the Economic Growth, Regulatory Relief, and Consumer Protection Act into law on May 24, 2018. The Act contains a section that was once a stand-alone bill from Sen. Susan Collins (R-Maine) which is designed to encourage the reporting of elder (age 65 and older) financial abu...

Solo Aging and the Challenges it Brings

Posted by Gregory Poulos | Dec 13, 2018 | 0 Comments

For some seniors in the baby boomer generation aging brings with it new challenges in the form of solo aging. Solo aging is a senior who has no children and no younger (or healthier) family members to assist them as they age. As in generations before, baby boomers are living longer and healthier ...

Make Sure Your Wishes Are Carried Out

Posted by Gregory Poulos | Dec 07, 2018 | 0 Comments

The importance of making end of life preparations cannot be stressed enough. Many put off making these plans thinking there is always time. The sad reality is that none of us are guaranteed time. Others may be bothered by the thought of death itself and allow this to paralyze them when it comes t...

Power of Attorney Misconceptions

Posted by Gregory Poulos | Dec 01, 2018 | 0 Comments

A durable power of attorney is one of the most important estate planning documents you can have.  It allows someone who you appoint (your agent) to make decisions on your behalf in the event you become incapacitated. If you have not appointed an agent then your friends and family may not have the...

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