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
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
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
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
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?
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
Like most people, you probably know someone who has been diagnosed with, is suffering from or has died with Alzheimer’s disease. Despite the growing prevalence of Alzheimer’s, a cure has yet to be found. There is something you can do to help though! The Grand Forks elder law attorneys at German Law | Wealth encourage you to be part of the Alzheimer’s Association Walk to End Alzheimer’s this year. What Is Alzheimer’s Disease? According to the Alzheimer’s Foundation of America (AFA), … [Read more...] about Be Part of the Alzheimer’s Association Walk to End Alzheimer’s®
There was a time in America when family farms and ranches were common place. Although that time has long since passed, family farms are still alive and well in some areas of the country. If you are the owner of a family farm, the odds are good that is has been passed down through your family from one generation to the next for decades -- if not centuries. If you plan to continue that tradition by passing the farm on to your children, planning is the key to a successful transition from one … [Read more...] about Estate Planning for the Family Farm
If you are one of the many people who choose to include a trust as part of your overall estate plan, one of the most important decisions you will make when creating that trust is your choice of Trustee. In fact, your choice of Trustee could be the key factor in determining whether your trust succeeds or fails. To help you better understand the importance of choosing the right Trustee, a Grand Forks trust attorney at German Law explains how a Trustee could cause your trust to fail. Trust … [Read more...] about How Can a Trustee Cause a Trust to Fail?
It is hard to miss the never-ending ads targeted at seniors for reverse mortgages -- and they make a reverse mortgage sound very attractive for senior citizens living on a modest fixed income. If you have been considering a reverse mortgage, you need to fully understand how one works. The Grand Forks elder law attorneys at German Law explain how a reverse mortgage works and how it might fit into your retirement financial planning. What Is a Reverse Mortgage? For seniors who have equity in … [Read more...] about Should I Take Out a Reverse Mortgage?