Estate PLanning Tips for Incapacity,for Homeowners & for Single Individuals;Key Benefits of a Revocable Trust

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Hear the Attorneys of the Law Firm of Shah & Associates, P.C. Describe the Highlights of this Week’s Blog Posts. For the full post, visit: https://lawesq.net/blog/

New Study Identifies Four Possible Tools to Stave Off Mental Decline
With more than 47.5 million individuals affected by dementia worldwide and 7.7 million new cases annually, research is targeting ways to prevent or limit the impacts of the disease. Researchers in Finland believe they have identified four ways to stave off the mental decline that is becoming more common with older age. Click here for more, https://lawesq.net/blog/2015/04/new-study-identifies-four-possible-tools-to-stave-off-mental-decline/

Estate Planning Tips: Don’t Forget Incapacity
Most people are familiar with the idea of using estate planning as a way of determining what happens after they pass away, but there are also benefits to planning ahead for possible incapacity. Thinking about this could be critical for setting aside instructions for personal care and determining who can help manage your assets in the event that you become incapacitated. Click here for more, https://lawesq.net/blog/2015/04/estate-planning-tips-dont-forget-incapacity/

Estate Planning Guidelines for Homeowners
When you own a home, you open up the possibility for multiple heirs to argue over the property in the future. This could happen because one heir wants to keep the property to himself or herself. This could necessitate a new mortgage loan or a cash-out refinance. Click here for more, https://lawesq.net/blog/2015/04/estate-planning-guidelines-for-homeowners/

The Five Key Estate Planning Documents for the Single Individual
Think you don’t need estate planning because you’re not married or have no children? It’s a mistake to skip over this vital process, because every person should evaluate five possible tools that can help plan for the years ahead. These five documents are just the basics and it’s recommended that you meet with an estate planning attorney to determine if any additional documents would benefit you. Click here for more, https://lawesq.net/blog/2015/04/the-five-key-estate-planning-documents-for-the-single-individual/

What Are the Key Benefits of a Revocable Trust?
When it comes to options for planning your estate, the revocable trust tends to be more flexible than other tools. You can change it over the course of your life or even destroy it if you want, which appeals to people who are not sure whether they want their wishes to be permanent. If you have an alternative goal of protecting assets as well, you should contact an estate planning attorney for other choices to do this, as a revocable trust is likely not the kind of solution you need for that goal. Click here to know more, https://lawesq.net/blog/2015/05/what-are-the-key-benefits-of-a-revocable-trust/

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