Older people living in Washington are often concerned about ensuring that they are cared for as they age. While many seniors are perfectly capable of making decisions about their finances and day-to-day lives, others suffer from cognitive symptoms and conditions, such as dementia, that can impact their ability to manage money, households and personal care.
How do powers of attorney end?
Estate planning and chronic illness
There are over 130 million people in the United States who suffer from a chronic ailment. Washington residents who have a chronic disease or a loved one who is chronically ill should make sure that their estate plan includes provisions that properly address health and aging issues.
Which is best: A will, a revocable living trust or both?
When you are planning your estate, there are many legal documents you can choose to create. Estate plans typically include a will, a power of attorney a healthcare power of attorney. In the estate-planning process, many people also choose to create a trust for their loved ones.
