When adults think about the future, it can be difficult to envision where they will be living. For some, they assume they will be staying with a loved one, whereas others save so they can reside in an assisted living facility. There are many long-term care options for seniors as…
Articles Posted in Elder Law
How Colorado’s End-of-Life Options Act Impacts Estate Planning
While many people put off thinking about death, recent policy initiatives have made this not the case for many. With a dramatic increase of states considering right-to-die initiatives—that make it possible for terminally ill patients to use medicine to end their lives—strong opinions over the topic are rampant. Colorado passed…
Why Should I Delay My Colorado Social Security Benefits?
When a senior reaches full retirement age, they can elect to receive monthly Social Security benefits. However, for many reasons, individuals often elect to delay filing for Social Security, either to increase the monthly benefits they will later receive or to continue working and avoid paying taxes on these benefits.…
How Your Power of Attorney Can Impoverish You (and Other Dangers)
The Power of Attorney can be a powerful tool or a dangerous weapon that can be turned against its creator. We often assume that when we create a Power of Attorney, we are ensuring that the person we name can do only what we want them to do. We also…
How Forbes Got “Major Errors in Estate Planning” Wrong
F Forbes recently shared its list of 7 Major Errors in Estate Planning. I’d like to share them, one at a time, with comments, and then add a couple they missed. Rather than swamp you with a treatise, here’s one that I really feel passionate about. There are so many…
Holidays with Your Parents: Next Steps
It’s that time of year again. No matter what your religion or traditions, you may be planning to use time off from work to visit with family including your parents. Some children will notice their parents slipping – unable to process things the way they used to. Other parents will…