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Legacy Planning: The Ultimate Gift

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What’s Being Done to Help Seniors Age in Place?

It’s common for older adults to leave their homes and move into a new living space – like a family member’s house, assisted living facility or nursing home – but a recent effort by the U.S. Department of Housing and Urban Development is hoping to change that and help older homeowners instead age in place.
10/20/22 • by: Law Office of Michelle Adams
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Are Seniors Missing Out on Important Benefits?

Millions of older adults are having trouble making ends meet, especially during these inflationary times. Yet many don’t realize help is available. Some notable programs that offer financial assistance are underused.
10/12/22 • by: Law Office of Michelle Adams
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What is a Life Estate?

Chances are, your home is full to the brim with cherished memories of family and friends. But, as you get older, you may start wondering what exactly will happen to your home when you pass away. Fortunately, a life estate can take away the uncertainty of this thought by legally assigning an heir to receive your property without interference from court proceedings.
10/12/22 • by: Law Office of Michelle Adams
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Patagonia Founder Chouinard Gives Company to Planet Earth

’Instead of ‘going public,’ you could say we're ‘going purpose,’ Patagonia founder Yvon Chouinard said of his decision to give away the multi-billion dollar company.
10/12/22 • by: Law Office of Michelle Adams
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No Inheritance Tax for King Charles III

King Charles III has ascended to the U.K. throne, but he won't have to pay the U.K.'s inheritance tax on the massive wealth he inherits from his late mother, Queen Elizabeth II. That's because of a deal the royals made with the government nearly 30 years ago.
10/12/22 • by: Law Office of Michelle Adams
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Ask Mom if She has a Will

My mother told me many times over the years that she had a will, and I believed her. When she passed away, we discovered that her will was 40 years old—and completely useless.
10/12/22 • by: Law Office of Michelle Adams
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What Do People Think About Government-Paid Long-Term Care?

A majority of adults are in favor of policies subsidizing some long-term healthcare costs, with support coming from both Democrats and Republicans.
10/05/22 • by: Law Office of Michelle Adams
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The Difference between Revocable and Irrevocable Trust

A trust is an estate planning tool that you may consider using if you want to go beyond drafting a last will and testament.
10/05/22 • by: Law Office of Michelle Adams
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Who Inherits Queen Elizabeth II’s Fortune?

Is Prince Charles III the sole heir of Queen Elizabeth’s fortune?
10/05/22 • by: Law Office of Michelle Adams
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Problems Created When No Will Is Available

People who have had a serious case of COVID-19 are 66% more likely to engage in estate planning, and 32% of adults under 35 said they wrote a will because of the pandemic.
10/05/22 • by: Law Office of Michelle Adams
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