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Orange City Estate Planning Blog

How Should I Take Care of My Aging Parent?

As a large portion of the U.S. population grows older and life expectancy continues to increase, many caregivers in their 40s and 50s are finding themselves a part of the “sandwich” generation, or those who are often caring for both their children and their aging parents.

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Should I Ask Mom and Pop about Their Finances?

There are now more than 70 million Baby Boomers in the U.S. However, millions of adult children may not be prepared to make important decisions about their parents’ future if necessary, because of a lack of knowledge about their parents’ finances.

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What Is a Guardianship?

Guardianship is a legal action where the court deems an adult an incapacitated person and appoints someone, the guardian, to make decisions about the care and finances of the individual.

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What Should I Know about Powers of Attorney?

Many people have signed at least one power of attorney in their life. A power of attorney, which names a trusted family member, friend or advisor as your “attorney-in-fact” to control your assets, is meant to be used, if you are incapacitated.

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What Should Women Know about Long-Term Care?

Women face unique challenges as they age. According to the Population Reference Bureau, a Washington-based think tank, women live about seven years more than men. Living longer means planning for a longer retirement.

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