Life Becomes More Complicated, a column authored by Attorney Michael Hooker is a wealth of information. He covers everything from living wills to nursing home costs. We are happy to provide copies of his articles here.

 

I have written columns in the past discussing irrevocable trusts and living trusts. Irrevocable trusts are good devices for protecting assets in the event of nursing home placement because the asset is not titled in the name of the individual and cannot be accessed by the elder.

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The three core documents of an estate plan are the health care proxy, power of attorney and will. The first two are documents that anticipate that at some point you may be unable to make medical and financial decisions while alive but disabled.

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