Part 4 of “Will Planning – no simple task” will raise the issue of planning for a disabled family member who receives government disability benefits…..
Will Planning – no simple task… Part 4 Continue Reading »
Estate PlanningAs a Geriatric Care Manager, I receive inquiries from families regarding assistance for themselves and their older family members. There may come a time when a family member says: “I just can’t do it anymore all by myself”.
Along with the decision to explore caregiving assistance, there are many questions that usually follow. What assistance is needed? Will it be few hours per day, a few hours per week, or is it full time 24 hour assistance that we need?
For families wanting to proceed on their own, here is a list of questions/issues to consider:
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What Type of Paid Care Provider Do I Require? Continue Reading »
Elder Care, Estate Planning, Geriatric Care ManagementIn my last Blog I wrote about how a surviving spouse received $70 per month for decades. In such a situation a Trustee is needed who will be around for a long time. The following example is at the other end of the spectrum. This example is about Patricia Kluge. For those of you who are not familiar with Patricia, she was at one time married to a billionare television….
spousal settlements Continue Reading »
Estate Planning, Investments, Spouse, Succession Planning, Trustee, TrustsHow much compensation should be awarded to an estate trustee who has breached her duty of honesty and utmost good faith, was prepared to simply cut a cheque to pay out a claim against the estate without any investigation into its merits, and was prepared to use the threat of destroying the testator’s beloved pets as a means to try to extract benefits for her friends and herself?….
Zero Compensation Awarded to Estate Trustee in Watson Estate Continue Reading »
Estate Litigation, Executors, Passing Of Trustees’ and Executors’ AccountsMany have taken advantage of the ability to withdraw funds from a retirement savings plan under either the Home Buyer’s Plan (HBP) or Lifelong Learning Plans. Without careful planning, unpaid obligations under either of these plans may have tax implications on death…..
Home Buyer’s and Lifelong Learning Plans Continue Reading »
Estate Administration, Estate Planning, Executors, Spouse