For older adults without children, the question of who will step in to help manage their finances or make medical decisions for them can be a source of stress.
Even the wealthiest individuals approach estate planning with careful thought and strategy; learning from their approach can help families of all sizes plan effectively.
Estate planning may not be at the top of anyone’s list of fun family activities. However, it can be an opportune time to discuss what’s best for the shared family home.
A Guardian ad Litem is a court-appointed individual who serves as a neutral advocate who looks beyond family disputes or conflicting interests to represent the best interests of a senior unable to protect their rights.
By understanding how property actually passes, individuals can prepare holistic estate plans that will ensure that property transfers in the way intended.
