There are many positive aspects to collaborative divorce. If you are unaware, collaborative divorce is a divorce process that does not involve the courtroom at all. Rather, both ex-spouses will come together and negotiate on the divorce terms. Collaborative divorce is...
Year: 2020
Important information about helping your parents with estate planning
As your parents get older, you want to do everything possible to make sure that they continue to enjoy a great quality of life. Getting older can be anxiety provoking seniors because of uncertainty about how life will change. Children of seniors can help their parents...
How can you keep your pet safe through the probate process?
During probate, the validity of your last will and testament must be proven in a court of law, and the selected executor of your will helps to administer this process, ideally with your family's best interests in mind. You may have included your pet in your will, but...
Why is advance nursing home planning so important?
Realistically, most people eventually need long-term nursing care. Without careful planning, however, it can be difficult to qualify for nursing home care through Medicaid. Review the reasons that you and your family should discuss the eventual need for inpatient...
How can you stay calm while dealing with a divorce?
When your marriage splits apart, you may wonder what actions and habits you need to acquire to keep your peace of mind. The stress of a divorce can overwhelm you if you do not set aside time to relax, communicate clearly and stay away from picking sides. Financial...
How is property divided in a Tennessee divorce?
Tennessee is one of many states in the nation that separate marital property using an equitable division model. While community property states split marital property equally in half between spouses, equitable division states consider several factors before deciding...
What expenses may special needs trusts cover?
Supplemental Security Income, Medicaid and other needs-based government programs provide a safety net for disabled individuals. While these programs often cover basic living expenses and medical care, they do not typically leave much money for other expenses. If you...
Examining the prevalence of divorce
Most people who tie the knot plan on spending the rest of their lives with their spouse. However, a myriad of challenges cause couples to file for a divorce. According to the Centers for Disease Control and Prevention, there were more than 2.1 million marriages during...
Talking to your aging parent about estate planning
Estate planning is easy to delay or forego altogether. In fact, about half of Americans over the age of 55 do not have even a simple will. If your aging parent is among that group, you may be looking for ways to encourage estate planning. Having a comprehensive...
What your estate plan should include
A strong estate plan should express your wishes clearly to your family and estate administrators. This not only protects your own interests but it also helps to spare your loved ones any unnecessary conflict or aggravation while they are already dealing with a...