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Legacy Planning: The Ultimate Gift

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Estate Planning for Different Ages and Stages of Life

An estate plan works like the operating system on your phone or computer. It runs in the background. However, it needs occasional updates to keep the plan current.
11/17/22 • by: Law Office of Michelle Adams
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Can I Prevent Dementia?

A large study finds that some common threats can be controlled through lifestyle changes.
11/02/22 • by: Law Office of Michelle Adams
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How Does Probate Court Work?

Probate court is a segment of the judicial system that oversees the execution of wills as well as the handling of estates, conservatorships and guardianships.
10/20/22 • by: Law Office of Michelle Adams
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Estate Plans Can Protect against Exploitation

According to experts, despite increased phishing emails and robocalls, it is far more common for financial exploitation to be committed by people who know the victim, such as relatives, caregivers, neighbors, or ‘friends.’
10/20/22 • by: Law Office of Michelle Adams
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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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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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There are Less Restrictive Alternatives than Guardianship

Although laws vary from state to state, every state requires that less restrictive alternatives be considered before invoking a guardianship. These might include such vehicles as limited guardianships, powers of attorney or assisted decision-making agreements.
09/28/22 • by: Law Office of Michelle Adams
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Can You Gift Money on Your Deathbed?

One sure-fire way your clients can reduce the size of their taxable estate is to give gifts to loved ones while they’re still alive. But when are ‘deathbed gifts’ considered to be complete for estate and gift tax purposes?
09/28/22 • by: Law Office of Michelle Adams
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