
What’s the Difference between Probate Assets and Non-Probate Assets?
Non-probate assets are those assets which do not go into an estate when the owner dies.

Non-probate assets are those assets which do not go into an estate when the owner dies.

Nearly 90% of American adults say they are at least somewhat confident in their knowledge of Social Security, according to the 8th Annual Social Security Consumer Survey from the Nationwide Retirement Institute. However, the survey also finds that many Americans don’t know their eligibility age, how payments are calculated and other essential information.

As 2021 draws to a close, many of us are reflecting on the various ways our minds and bodies have changed over the course of the past year. No matter your phase of life, aging is something we all experience daily.However, that doesn’t mean we’re powerless in the process.

Both help you pass down assets, while avoiding the time and expense of probate. However, one has much more flexibility than the other.

These are among the things an estate attorney can help you with planning. That’s why it’s essential to ensure you have one by your side, if you’re leaving an inheritance behind.

If you’ve ever spent time working through your estate plan, you know how important it is to select and update your beneficiaries.

The costs of long-term care for older adults can be significant. Federal Medicare health insurance benefits do not cover most of these costs. Most people who incur costs for long-term care cover them with a combination of personal savings, long-term care insurance and Medicaid, among other sources.

Selecting medical powers of attorney is an important step that aging parents should take to ensure they get the care they wan,t if they are unable to advocate for themselves.

The pandemic’s impact on older adults went far beyond Covid-19 infections. It also made them more vulnerable to abuse.

Adults who have undergone cataract surgery have a lower chance of developing dementia, findings that could open the door to understanding further connections between eye and brain health, a new University of Washington study reported last week.