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Posts Tagged ‘family’

Living Wills and Advance Directives Affects Your Family As Well As You

Because elder law attorneys work with a variety of agencies that provide assistance or expert advice for the elderly, they understand the complexities of preparing an advance directive or living will that can be respected and carried out according to your final wishes. If you try to prepare a living will or advance medical directive on your own, you could neglect to include important information that your descendants should have in order to respect your wishes. Someone may have to hire a litigation attorney to sort things out if not everyone agrees on how to proceed. You don’t want your…

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Is Alzheimer’s Disease Causing Distress in Your Family? Is Caregiving Affecting Your Work and Finances?

Unfortunately, caregivers are financially burdened by their caregiving duties.  While caregiving creates a financial burden, caregiving has a big impact on work and life.  Most caregivers are working, either full or part-time, or have worked at some point while caregiving.  It is estimated that more than 60 percent of working caregivers have made adjustments to their work schedule, such as leaving early, arriving late, or taking time off.  With the current financial situation, can you afford to loose your job because you are worried about your loved one? Caregivers also report they have less time for family or friends, have…

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What Do You Do About Retirement Planning When You Have Just Retired?

This phase lasts from the day you retire until you are 70 years old. For those who do not plan to retire until well into their 70s, the first two tasks of this phase may occur later. A key purpose of this phase is to create a clear communication channel with your family so information can be shared, questions asked and answered, and decisions made in a calm, supportive way. If inter-generational communication around money has not been part of your family culture, it may be useful to enlist the help of a third party to get the process going….

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