Despite the abundant tools available to help you with your estate plan, you may find that you have pertinent, even crucial, information that applies to your estate plan, yet does not fit anywhere in your existing plan. If you feel the need to include such information in your estate plan but have nowhere practical to include it, including an explanatory letter in your estate planning documents may be the solution. With that in mind, a Grand Forks estate planning attorney at German Law | Wealth … [Read more...] about How Can an Explanatory Letter Help My Estate Plan Succeed?
What Might Be Missing from Your Estate Plan?
When you meet with an estate planning attorney for the first time it is always wise to go over your estate plan both to ensure that the estate planning documents you have in place are up to date and to make sure you are not missing important components or tools in your plan. To help make sure your estate plan is complete, the Grand Forks estate planning attorneys at German Law | Wealth discuss what might be missing from your estate plan. The Need for Comprehensive Estate Planning If you … [Read more...] about What Might Be Missing from Your Estate Plan?
Estate Planning in 10 Steps
The prospect of creating your first estate plan can be a bit intimidating. Estate planning incorporates a wide range of goals and objectives into one comprehensive plan. That plan may include numerous estate planning tools and strategies, all of which can be overwhelming. To help get you started, the Grand Forks estate planning attorneys at German Law | Wealth explain estate planning in 10 steps. Contact a Grand Forks Estate Planning Attorney Please join us for an upcoming FREE … [Read more...] about Estate Planning in 10 Steps
How to Pick a Caregiver for a Parent
For an adult child, watching a parent age can be very difficult. Somehow, we expect that our parents will be forever middle-aged. It can become even more difficult if a parent starts to show signs of physical and/or mental deterioration that often goes along with the natural aging process. If that is where you are with your parent, it may be time to find a caregiver for your parent. If so, the Grand Forks elder law attorneys at German Law | Wealth offer suggestions to help you pick a caregiver … [Read more...] about How to Pick a Caregiver for a Parent
Alzheimer’s Awareness Month
Given the increasing prevalence of the disease, most of us know someone who is suffering from Alzheimer’s or who is helping care for someone with the disease. Nationally, the month of November is known as Alzheimer’s Disease Awareness Month. Recognizing the need for heightened awareness of this disease, President Ronald Reagan made this designation in 1983. To help you prepare, the Grand Forks elder law attorneys at German Law | Wealth discuss ways to get involved during Alzheimer’s Awareness … [Read more...] about Alzheimer’s Awareness Month
Holiday Scams That Target Seniors
The holidays should be a time of happiness, cheer, and goodwill toward all. Unfortunately, scam artists make a point of using the holiday spirit to target people -- and seniors are frequently at the top of the target list. The Grand Forks elder law attorneys at German Law | Wealth explain some common holiday scams that target seniors and offer tips to avoid becoming a victim. Common Holiday Scams and How to Avoid Becoming a Victim November and December are the busiest shopping months of … [Read more...] about Holiday Scams That Target Seniors
10 Things to Do When an Elderly Parent Gets a Terminal Diagnosis
As we age, we start to realize that our parents age as well. At some point, we even think we have accepted the reality that our parents will pass away someday. When that “someday” becomes “someday soon” because of a terminal diagnosis, it can cause emotional upheaval and practical confusion. Having a list of steps to take following a terminal diagnosis can be a huge benefit. To get you started, the Grand Forks elder law attorneys at German Law | Wealth have put together the following 10 things … [Read more...] about 10 Things to Do When an Elderly Parent Gets a Terminal Diagnosis
Elder Sexual Abuse—How to Spot It and What to Do If You Suspect It
When most of us worry about the possibility that an elderly loved one might become the victim of elder abuse we tend to focus on the risk of physical and/or emotional abuse. Sadly, both physical and emotional abuse of the elderly do occur at an alarming rate; however, there is another type of elder abuse that isn’t discussed as frequently – elder sexual abuse. The Grand Forks elder law attorneys at German Law | Wealth explain how to spot signs of elder sexual abuse and what you can do if you … [Read more...] about Elder Sexual Abuse—How to Spot It and What to Do If You Suspect It
Do You Know the Retirement Plan Distribution Rules?
Most of us are taught to start planning for retirement as soon as we have a “real” job. For many people, retirement planning includes saving money in a retirement account, such as an IRA or a 401(k) account. While saving money in a retirement account is certainly an important part of planning for a financially secure retirement, you also need to know the rules relating to the distribution of the funds held in the account. Toward that end, the Grand Forks retirement planning attorneys at German … [Read more...] about Do You Know the Retirement Plan Distribution Rules?
Best International Retirement Destinations
When it comes to planning for retirement, deciding where to live can dramatically impact your financial resources which will also affect how comfortable you are during your Golden Year. Not surprisingly, many retirees decide to move outside of the United States when they retire because their money goes farther. If you are considering retiring abroad, the retirement planning attorneys at German Law | Wealth share the results of the 2022 Global Retirement Index highlighting the best international … [Read more...] about Best International Retirement Destinations
