
Does ‘Gray Divorce’ Fit into Estate Planning?
“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.

“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.

A power of attorney is a legal document with which a principal authorizes an agent to act on the principal’s behalf and for the principal’s benefit.

You may lose the ability to manage your own affairs as you grow older. Therefore, it’s necessary to have an incapacity plan in place.

This is big concern for millions of older Americans who don’t have a spouse, children or other family they can depend on to watch out for their well-being.

Dealing with a sick family member is a challenging and emotional time.

These agents take over your affairs in specific areas, if you become physically or mentally incapacitated.

Why Elder Law Is Necessary? In two words: baby boomers.

With Huntington’s disease, there are three different stages of the disease — early, middle and end stages — all of which come with different symptoms and care needs.

As a review of terms, a will is a legal document that specifies how a person’s estate should be handled only after that person’s death. A living will has nothing to do with how your “things” like property, money, jewelry, etc. are to be distributed. Unlike a will, it is, in fact, a document that comes into play while you’re still alive.

Estate Planning may not be something you necessarily WANT to think about, but it could protect your interests and wishes long after you are gone.