According to WealthCounsel, over a third of Americans have experienced or witnessed familial conflict when someone dies without an estate plan. Anecdotally, most people can acknowledge that death and money can each bring out some unexpected reactions in loved ones. While most people believe having an estate plan is important, only a third have a plan in place, per Caring.com’s 2023 Wills Survey. While Read More
Will Robotics and AI Be the Future of Elder Care?
Adults 65 and older constitute the fasting-growing age demographic in the United States. When it comes to elder care, this expanding population is facing a scarcity in people equipped to support them as they get older. One estimate predicts a shortage of 151,000 paid direct care workers and 3.8 unpaid family caregivers by 2030, increasing to a gap of 355,000 paid workers with 11 million unpaid family Read More
When Should I Include a Pour Over Will in My Estate Plan?
In creating an estate plan, you are proactively taking steps to ensure that your assets will be distributed according to your wishes in the wake of your death. One tool available to you in estate planning is known as a trust. There are numerous kinds of trusts. If you wish to maintain control, during your lifetime, over the assets you place in a trust, you may choose to establish a revocable, or Read More
Is "Aging in Place" Right for Me?
Most older adults want to remain in their homes and communities as they age rather than move into assisted living facilities or nursing homes. For those who wish to maintain their independence and continue living at home as they grow older, taking certain steps to protect their physical, mental, and financial welfare is essential. What Does It Mean to Age in Place? The Centers for Disease Control and Prevention Read More
Don't Wait Until You're Sick to Create an Estate Plan
In the wake of the pandemic, rising inflation, and other events, more people recognize that they need to plan for the future. Yet while financial planning has been at the top of many Americans’ minds, a vast majority of people have stalled in creating an estate plan. According to a new study completed by Caring.com, a mere one in three people has an estate plan in place. Worse yet, more than 40 percent of Read More
Aging Care: 6 Tips for Caring for Elderly Parents
Many adult children wonder what their aging parents may need and how can they can help provide it for them. You may constantly worry about your parents or other older loved ones, especially if you live far away from them. You can, however, take some simple steps to ensure your parents are safe as they age. Tip No. 1: Recognize the Risks Older Adults Face Knowing the risks seniors face can help you begin an Read More
Where Medical Research May Fit Into Advance Planning
Medical research helps prof essionals understand and improve disease treatment, diagnosis, and prevention. According to the U.S. National Library of Medicine, there are more than 139,000 registered clinical studies in the United States as of 2023. Thinking about taking part in medical research in the years to come may strike you as a rather unexpected part of long-term health care planning, yet it can be Read More
Are Wills Public Record?: Estate Planning Q&A
Wills contain important information about who receives money, possessions, and property upon a person’s death. Who can view this information, and is it a public record? Once your will goes through probate, it becomes a public record. The probate court must maintain the will so that the public can access it. Anyone can visit the probate court to view the will, regardless of whether they are an heir or Read More
Estate Planning for Your Digital Legacy
NOTE: The intent of this article is to bring awareness to planning for and organizing digital assets; however, Linville Law Office, PLLC does not advise sharing all passwords/logins. Please be aware, that some end user license agreements prevent sharing password/login information for certain accounts. Before you share a password/login information, make sure you are clear about what is allowed with respect to Read More
What Is Hospice Care at Home?
Hospice care is a type of health care that patients with terminally ill conditions rely on at the end of their lives. This type of care focuses on pain management and emotional, spiritual, and familial support for patients nearing the end of their lives. There are several options for receiving hospice care, including being cared for at home. The type of intimate care a patient receives while in hospice is more Read More
