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When that extra bit of money from your tax refund lands in
your bank account, (kinda feels like Christmas, doesn’t it?) it's easy to
start dreaming about all the ways you can use it. Financial experts may tell
you that it's a chance to pay off debts, tuck away savings for an emergency, or
add to your retirement savings. You, on the other hand, may want to splurge on
something special. However, there's an often-overlooked option that not only
provides immediate satisfaction but ensures long-term benefits for both you and
your loved ones: estate planning.
Estate planning might sound like a complex and daunting
chore reserved for the wealthy, but it's actually a straightforward and crucial
process for everyone. In its most basic terms, estate planning involves making
a plan for what happens to your belongings and finances after you're gone, or
if you become incapacitated. Think of it as creating a roadmap for your loved
ones to follow, ensuring they're taken care of and know exactly how to handle
your estate according to your wishes. After all, someone will have to do
something with your stuff after you’re gone, and if you’re the one
who takes care of it while you can, you can save your loved ones a lot of pain.
And, make sure you are cared for in the way you want, by the people you want,
if you become incapacitated.
And by the way, proper estate planning covers much more than
just money and personal belongings, but we’ll delve into that in just a bit.
Why You Need an Estate Plan
Not only do you need a plan for what happens with your
finances and personal items after you’re gone or become incapacitated, but you
also need an estate plan if any of the following are true:
You care about the people in your life who will handle
things for you, if you cannot. First and foremost, estate planning isn’t
something you just do for yourself, it’s truly an investment you make for the
people you love. If it feels daunting to you, imagine how they will feel left
with a big confusing mess when something happens to you. And, it’s one of those
things that you must get handled before you need it because by the time you
need it, it’s too late, and you’ve just left the people you love the most with
a big mess.
That’s why we say that estate planning is about protecting
your family. It's about protecting their time, energy and attention, and
leaving them with a gift of love. It’s a way of saying "I love you"
that goes beyond words, providing them with security and guidance during a
difficult time. By making your wishes clear, you can keep them out of court,
prevent potential conflicts and ensure your loved ones are supported exactly as
you intend.
You want your wishes to be honored. With an estate
plan, you have the power to dictate exactly how you want to be cared for if you
are incapacitated, or who makes decisions for you if you cannot. If you would
not want to linger in a hospital bed for years like Terry Schiavo did before
her death, you must create a plan. Otherwise, the people you love could get
stuck in a court process fighting over your care.
You also get to say who inherits your assets, from your home
and savings to sentimental items. Planning ensures there isn’t any confusion
and guarantees that your possessions end up in the right hands. Planning also
makes it clear who should handle things after you are gone, and it makes it as
easy as possible for the people you choose.
You want to save money and time (for yourself and your
family). Dealing with the court if you become incapacitated or when you die
is time-consuming, can be expensive and is totally public. Without a clear plan
in place, you or your family may face costly legal battles and time-consuming
administrative hurdles. Your careful planning now can save them from this
stress and financial strain, making the process as smooth as possible. In
addition, careful planning ensures that you save yourself money by avoiding
unnecessary costs if you are unable to care for yourself.
You have minor children. If you have minor children,
consider who is home with them when you aren’t. Would that person know what to
do if you didn’t make it home? Or would the authorities show up at your house
and have to take your children into the care of protective custody/strangers
while they figured it out? If the idea of this terrifies you like it
does most parents, you need an estate plan.
Most parents of minor kids are overwhelmed with the demands
of everyday life and don’t stop to think that estate planning applies to them.
A common misconception is that planning is only for older folks who know their
mortality is staring them in the face, and young parents think that’s too far
off to warrant any consideration. That’s a mistake. Death happens to everyone
and incapacity can happen before it, no matter how old you are right now. Don’t
leave your kids at risk.
So now you know you need an estate plan but aren’t sure what
to do next. If you feel like the process seems daunting, don’t worry. Taking
that first step is easier than you might think.
Put Your Tax Refund To Work
You might consider using your tax refund to do your estate
plan on your own or opt for a cheap online service. While these options can
seem cost-effective at first glance, they don’t offer the comprehensive
coverage and personalized advice that your unique situation requires.
Instead, investing your refund in working with a heart
centered, holistic attorney with a process in place for ensuring that your plan
works throughout your lifetime is a much wiser choice. We will get to know you,
your family dynamics, and your assets, and then help you choose the right plan
for you both now, and into the future. Creating a will or a trust isn’t a one
and done thing you do, and then put it on a shelf or in a drawer and never look
at it again. When you do that, your plan is almost guaranteed to fail when the
people you love need it. In that case, it’s almost better to do nothing because
then at least you have it on your to-do list. False security is one of the
greatest risks of estate planning.
We will help you navigate the law, and also help you tailor
your estate plan to fit your specific needs, as well as provide peace of mind
knowing that your estate plan is thorough and legally sound. Remember, when it
comes to safeguarding your family's future and ensuring your wishes are
accurately reflected, the value of expert guidance is well worth the
investment.
At the very least, your attorney should help you create the
relevant documents, including:
Creating a Will: A will is a document in which
you detail the distribution of your assets and designate guardians for any
minor children. It serves as your voice, ensuring your assets are allocated as
you desire.
Setting Up a Trust: For greater control over the
distribution of your assets, a trust is invaluable. It not only allows for
precise management of how and when your assets are distributed but can also
offer tax advantages and circumvent the lengthy and public probate process. In
addition, and maybe more importantly, a trust will help your loved ones avoid a
lengthy, expensive, and totally public court process, which can cost your
family significant amounts of time, energy and attention.
Selecting Guardians and Executors: A key component of
estate planning is choosing individuals who will execute your wishes and look
after your children if you are unable to do so. These crucial choices help
safeguard your family's future. And if you want to go beyond merely choosing
people to raise your kids, you need a thorough Kids Protection Plan, which
takes into account anything that could happen (i.e., you’re in a car
accident and they’re with a babysitter at home). A Kids Protection Plan also
ensures your kids are raised by the people you want in the way you want, that
someone you’d never want to raise your kids is able to, and that the right
people are able to get emergency care for them if you’re traveling without
them.
Managing Taxes and Expenses: Effective estate
planning can significantly lessen the tax load on your beneficiaries, allowing
a larger portion of your assets to benefit them directly instead of going
towards tax settlements.
These are all undoubtedly important, and what most estate planning attorneys will do for you. However, a Estate Planning Lawyer will go a few steps further, ensuring that investing your tax refund in an estate plan is the very best investment you’ll make all year. In fact, every Estate Planning Lawyer promises to deliver a plan to clients that works throughout your lifetime. They do this by:
What If I Didn’t Get a Refund This Year?
Now you may be thinking, bummer, I didn’t get a refund this
year. Know these two things: 1) Estate planning is always a wise investment
whether you get a refund or not; and 2) A Estate Planning Lawyer, using a
unique process called Life & Legacy Planning, can help you organize your
finances so you are more likely to get a refund next year, or at least not have
a big unexpected tax bill, if that’s what happened this year.. A Estate
Planning Lawyer will also help you get more financially organized than you’ve
ever been before, so that you make the very best decisions about the allocation
of your resources for yourself and the people you love.
Estate Planning: The Ultimate Expression of Love
Among all the ways to use your tax refund, estate planning
with a Estate Planning Lawyer ensures that your love and care for your family
endure long after you're gone. It's an act of foresight that not only secures
your family's financial future but also leaves a legacy.
Contact Entrusted Legacy Law at 412-347-1731 or click here to schedule a complimentary 15-Minute call.
This article is a service of Entrusted Legacy Law. We don’t just draft documents; we ensure you make informed and empowered decisions about life and death, for yourself and the people you love. That's why we offer a Life and Legacy Planning Session, during which you will get more financially organized than you’ve ever been before, and make all the best choices for the people you love. You can begin by calling our office today to schedule a Life and Legacy Planning Session and mention this article to find out how to get this $750 session at no charge. Please note this is educational content only and is not intended to act as legal advice.
Change can be daunting at any age, but for seniors, adjusting to a new living environment can be particularly challenging. Whether moving into a retirement community, downsizing to a smaller home, or transitioning to an assisted living facility, the process can evoke a range of emotions and concerns. As caregivers, family members, or friends, it's important to recognize our responsibility to provide support and guidance during this transition period. Here are some valuable tips on how to help a senior adjust to a new living environment.Start with Open Communication: Before the move, engage in open and honest conversations with the senior about their feelings, fears, and expectations regarding the transition. Listen attentively to their concerns and validate their emotions. Reassure them that their feelings are normal and offer your support whenever possible.Familiarize Them with the New Environment: Visit the new living environment together before the move, if possible. Explore the surrounding neighborhood, and introduce them to staff members and fellow residents. Familiarizing them with their new surroundings can alleviate anxiety and make the transition feel less overwhelming.Personalize Their Space: Help personalize their new living space to make it feel more like home. Bring familiar items such as family photos, a favorite comforter, and cherished mementos to decorate their room or apartment. Creating a comfortable and familiar environment can provide a sense of security and belonging.Establish a Routine: Create a sense of normalcy by establishing a daily routine. Consistency and structure can help reduce feelings of uncertainty and anxiety. Set regular meal times, exercise sessions, and leisure activities to provide stability and promote a sense of control over their environment.Encourage Socialization: Gently urge participation in social activities and engagement with other residents or neighbors. Building connections and forming friendships within the community can combat feelings of loneliness and isolation. Attend group events, classes, or outings together to facilitate social interactions and foster a sense of belonging.Provide Emotional Support: Be patient and empathetic as your loved one navigates the challenges of adjusting to their new living environment. Offer emotional support and encouragement, and remind them that it's okay to feel unsettled or homesick initially. Validate their emotions; do not try to talk them out of their feelings. Reassure them that they are not alone in this transition.Seek Professional Assistance: Professional assistance from a counselor, therapist, or support group specializing in senior transitions can be a helpful resource if coping with the transition becomes too much of a struggle. Professional guidance can often facilitate a smoother adjustment process in new surroundings.Senior Care Authoritys Peace of Mind Program: Our Peace of Mind program eases the stress of the move-in by providing extra support, verifying post-move-in needs and wants, and helps set realistic expectations between the resident, family, and staff. Our Peace of Mind program offers: Weekly visits to your loved one, an engaging activity, guided by family input, communication with care home, senior living community, medical providers, or others on your behalf, Our experts can provide an extra set of eyes on your loved one. Simply put, we are able to be there when you cannot.Helping an older adult adjust to a new living environment requires compassion and understanding. Remember to be patient, stay involved, and practice self-care along the way. With support and guidance, you can help someone can embrace their new living environment and thrive in this next chapter of their journey. Senior Care Authority experts are here to help. You dont have to do this alone.
What We Dont Know We Dont Know in Health Care: September 24, 2024 -Oral Care, Monitored Meals, and Aspiration PneumoniaProper oral care is crucial for maintaining optimal health. Keeping the mouth clean not only helps maintain the protective properties of saliva but also reduces bacteria in the mouth which can be a source of infection in aspiration pneumonia. In addition, monitoring meals and assisting with feeding for those at high risk for aspiration is also a necessity. The process of swallowing involves dozens of muscles that start in the mouth and include the pharynx, larynx, and esophagus. These muscles can become weakened with age and from various, often age-related diseases. The aging population is especially at risk for aspiration pneumonia due to comorbidities, frailty, and conditions that can impair swallowing. As a result, aspiration pneumonia is one of the leading causes of death from infection in individuals over the age of 65. One study shows that 1 in 10 deaths from pneumonia in elderly nursing home residents may be prevented by improving oral hygiene (Sjogren et al., 2008). Unfortunately, proper oral care and monitoring of meals is often overlooked in the health care setting. Perhaps the greatest reason for this is the challenge that almost every health facility faces today: adequate staffing. When I started working in acute care as an RN over 20 years ago, nursing assistants (these are the staff generally responsible for proving oral care in an acute care setting) were typically responsible for 5-7 patients. Nurses had 3-5 patients (this was on a step down cardiac unit). Between the nurse and the assistant, we were able to provide oral care at every meal and offer one-on-one assistance to any patient that was at risk for aspiration. This is no longer the case. RNs oftentimes look after upwards of 8 patients, and there is generally either no nursing assistant on the floor or only 1 for a patient load that can exceed 20. Consequently, proper oral care is neglected. I have often seen patients that are aspirating during meals, but do not have adequate staffing on hand to provide them with the supervision and monitoring that they need. This presents a hazardous catch-22: the aging individual needs to eat to maintain nutritional needs yet he/she needs assistance with eating to prevent aspirating pneumonia. How can this be remedied? If the family is present, they can provide oral care and meal monitoring. If meal monitoring is required for an at-risk individual, its recommended to touch base with the health care team to inquire as to what the specific aspiration precautions are (every individual may have a different need and/or recommendation). A care companion can also be hired to provide the needed care. I hired a companion for my father when he was in a skilled nursing facility. He was not getting his teeth brushed or flossed regularly, and I was seeing a decline in his dentition. Having this extra support provided him with much needed assistance and the care companion had the added benefit of encouraging him to eat more at every meal, something that was a bonus as he was not meeting his nutrient needs. Touching base with staff to request that oral care and meal monitoring be done can also be helpful. Having an advocate to ensure necessary care is getting done can also be very effective in the health care setting. What is proper oral care and effective meal monitoring? Proper oral care includes brushing the teeth for at least 1 minute after every meal. It also includes using a soft bristle brush, fluoride toothpaste, flossing daily. A final component of oral care that is often not discussed is denture care. Dentures should be cleaned at least once per day and removed at bedtime. Removing them prior to sleeping can greatly reduce the risk of pneumonia (Iinuma et al. 2014). Effective meal monitoring includes adequate supervision during mealtime for those at risk of aspiration. Such supervision includes ensuring the individual is properly positioned for a meal (head of bed as high as can be tolerated and supine position), takes small bites, eats slowly, swallows a couple times in between each bite, and intermittently takes a sip of liquid to clear the mouth of food particles. The use of straws is generally not recommended for an individual at risk for aspiration as it propels the food to the back of the throat and hence can increase risk. I recall when I was working as a Registered Nurse (RN) in acute care that I was constantly removing straws from the bedside of at risk individuals and often reminding them to eat slowly and swallow at least twice between each bite to ensure food clearance. Individuals at risk for aspiration often require a modified texture diet as it can further prevent the aspiration of food and liquids. This is a brief summary of the attention to detail needed in addressing oral hygiene and meal monitoring amongst the aging population. Both measures can play a significant role in reducing aspiration pneumonia. If you would like more information on understanding proper oral care or any other questions that you may have regarding aging life care, please feel free to reach out to me. Sources:1. Sjogren P, Nilsson E, Forsell M, Johansson O, Hoogstraate J. 2008. A systematic review of the preventive effect of oral hygiene on pneumonia and respiratory tract infection in elderly people in hospitals and nursing homes: effect estimates and methodological quality of randomized controlled trials. J Am Geriatr Soc. 56:21242130. 2. Iinuma T, Arai Y, Abe Y, Takayama M, Fukumoto M, Fukui Y, et al. 2014. Denture wearing during sleep doubles the risk of pneumonia in the very elderly. J Dent Res. doi: 10.1177/0022034514552493 3. F Muller, 2015. Retrieved from https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4541086/#
By the time you read this, the reported deaths from COVID-19 and its variants in the U.S. will be close to 900,000. As staggering as that statistic is, its 400,000 short of the number of Americans killed by Heart Disease in the same time period. Heart disease is the leading cause of death for men and women of most racial and ethnic groups.Lets not allow the topic to overwhelm the fact theres a miracle inside your chest. Weighing about as much as a grapefruit, the heart is a powerful pump that drives five to six quarts of blood to every microscopic part of your body every second. And if it fails for even a second, the body is very unforgiving. Even though its the one piece of machinery driven by the brain, we tend to treat the heart like a kitchen appliance that we take for granted. Rarely serviced, rarely cleaned, and overworked until it burns out. Although heart bypass and transplant have become routine since the pioneering operations in the 1960s, its not like replacing the coffee maker you neglected too long. One Thing at a TimeThe better way to treat your heart with the respect it deserves is to start with changing just small habits. That way, youll avoid the relapse from trying to change everything at once and falling back to unhealthy heart habits inside of a month. The most obvious: if youre a smoker or heavy drinker, work on that first. Imagine a small team of remodelers arriving at your heart to do a makeover. The first thing theyre going to say is, Well, we cant do anything with the plumbing until we clear the smoke. Look for Help During Heart MonthQuitting smoking and reducing alcohol is never easy, but this is probably as good a time as any during the year to start a cessation program with help. February is American Heart Month, so youre likely to be reminded frequently of heart health and offered tips on modifying your routine to help your heart and prolong a happy life. If you only look to one place, trust the American Heart Association www.heart.org. Prediabetes and Heart DiseaseWhats your blood sugar level? If you dont know, you should find out from your doctor if youre not already monitoring it yourself. You could be pre-diabetic without knowing it or showing any symptoms. Theres a good chance you could avoid becoming diabetic and reverse your pre-diabetic blood sugar to normal with relatively little change to your diet and a slight increase inyour activity. Diabetes has long been linked to heart disease, but recent studies suggest that reversing prediabetes is also linked to fewer heart attacks and strokes. [Reversing Prediabetes linked to fewer heart attacks, strokes, heart.org, Jan. 26, 2021.]While youre at it, get your cholesterol tested and routinely monitor your blood pressure.If youre worried you might be at risk for heart disease, ask your doctor to perform a simple cholesterol test to let you know if youre at risk and should adjust your diet. Home blood pressure monitors are not expensive, theyre digital, and theyre easy to use. Blood pressure stations are common in supermarkets now, and you can also check your weight and pulse. Womens Heart HealthWhy the emphasis on womens heart health? The American Heart Association tells us that cardiovascular disease is the No. 1 killer of women, causing 1 in 3 deaths each year about one woman every minute. They devote an entire website to womens heart health: Go Red for Women (www.goredforwomen.org). Here are just a few of the common misconceptions about womens heart health:Myth: Heart disease is for men, and cancer is the real threat for womenFact: Heart disease is a killer that strikes more women than men and is more deadly than all cancer forms combined. While one in 31 American women dies from breast cancer each year, heart disease is the cause of one out of every three deaths.Myth: Heart disease is for old peopleFact: Heart disease affects women of all ages. For younger women, the combination of birth control pills and smoking boosts heart disease risks by 20 percent. Heart defects are more common than you might think: 1.3 million Americans alive today have some form of congenital heart defect and at least nine of every 1,000 infants born each year have a heart defect. Even if you live a completely healthy lifestyle, being born with an underlying heart condition can be a risk factor.Myth: I run marathons no way I could be at risk.Fact: Factors like cholesterol, eating habits, and smoking can counterbalance your other healthy habits. You can be thin and have high cholesterol. The American Heart Association says to start getting your cholesterol checked at age 20. Earlier, if your family has a history of heart disease. Age and Heart HealthMany things, like wine and most people, grow better with age. The heart, however, takes more tending than a glass of fine wine. Avoid things that weaken your heart beyond the normal aging process. These are the usual suspects: smoking and tobacco use, lack of exercise, diet, alcohol, overeating, and stress. Some preexisting conditions you cant control: irregular heartbeat, congenital (inherited) heart defects, sleep apnea (although this may be a product of obesity or alcohol consumption).Viruses and MyocarditisMyocarditis is an inflammation of the heart muscle mostly caused by a virus, including COVID-19, and can lead to left-sided heart failure. The left ventricle of the heart is the part that pumps oxygen-rich blood back to the body. This valve tends to stiffen with age. Thats one of the many reasons why age combined with a preexisting condition puts you at greater risk of death from COVID-19. Even survivors of the novel coronavirus infection can sustain permanent heart damage. All people must protect themselves and others from COVID-19 by observing precautions, not just because of its immediate lethality but also because of its impact on the heart, known and unknown. How to Start with Your HeartThe factors involved in heart health and the onset of heart disease are many, varied, and complicated. But the common preventions (listed here, from the Mayo Clinic) are simple. You probably already know them by heart, so to speak:Not smokingControlling certain conditions, such as high blood pressure and diabetesStaying physically activeEating healthy foodsMaintaining a healthy weightReducing and managing stress Those may seem like six significant challenges, especially if you take on all six. But you should notice something else about them. Almost every one of them can affect the other five. So, if you pick one, youll find it easier to take on the next one. People who quit smoking usually discover that they have more energy within the first week, and exercise becomes easier. A little exercise and switching out one unhealthy food will help with weight, stress, blood pressure, and diabetes. Easy does it, especially if youre 65 and older. Youve spent a whole life learning one way. You can take your time. Learn to enjoy your healthier heart. But start today.First, Get a Checkup!Most of the questions this article has raised in your mind (Whats my blood sugar level? Whats my blood pressure? I used to smoke am I at risk?) can all be answered in a single doctors visit with simple lab work done a few days before. Schedule it now, before you start a program of exercise and diet. And schedule a regular exam per your doctors recommendation. Relieving the stress of not knowing will be a good start on your way to a healthier heart.
Our Firm Prepares You for Life What makes our firm different is that we were built with the needs of growing families in mind. We understand you are BUSY, you are growing, you are planning for a life of prosperity and you value ease, convenience and efficiency. You are raising children, and caring for elderly parents, while also working hard to build your own nest egg for a lifetime of support. You want to know youve made the best decisions for your family and that your plan will work when your loved ones need it most. You want to make sure your minor children would be raised by the people you choose, and never by anyone you wouldnt want, and that your teens and adult children are properly prepared to care for you and what you leave behind. You want to feel confident that youve made the right choices, and handled everything so that you arent leaving behind a mess, when something happens. That is our focus as well. Weve developed unique systems to give you the same access to a Personal Family Lawyer as was previously only available to the super-wealthy, so you can have the guidance you need to build and maintain a life of prosperity and wealth. And, to keep your family out of court and out of conflict, which is the greatest risk to the people you love and all you have created, even if youve already worked with a traditional lawyer or created documents online. Our Team Is Here for You We encourage communication with our clients. In fact, weve thrown out the time clocks so you never have to be afraid to call with a quick question. Everything we do is billed on a flat-fee basis, agreed to in advance, so there are never any surprises. We have a whole team to serve you. When you call our office to ask your quick question, you wont have to wait hours or days for a phone call back. Youll get your question answered, right away. And, if you need to schedule a more in-depth legal or strategic call with your Personal Family Lawyer, a call will be scheduled when you're both available and ready for the call so we can make the very best use of your time and not waste your time by leaving voicemail after voicemail back and forth. And, we ensure the most important details of your planning are followed through on and your plan continues to work throughout your lifetime. We have a funding coordinator to ensure your assets are owned the right way throughout your lifetime and none of your assets will end up going through a long, expensive court process or being lost to the state because they were missed after your death. Weve created unique membership programs to keep your plan up to date year in and year out as well as give you access to our Trusted Team of Legal Experts for guidance on ANY legal or financial matter. One day you will need a lawyer. I dont know why and I dont know when, but when you do, you will be grateful you can call on us and well be here to advise you or get you out of a jam. We Help You Transfer Your Life and Legacy Lastly, we believe your financial wealth is only a small part of your overall Life and Legacy Planning which is made up of your far more valuable and most often lost upon incapacity or death intellectual, spiritual and human assets. These assets are what make you who you are, and sum up whats most important to you. And, a survey of inheritors has revealed that what they care about even more than inheriting your money, is inheriting these intangible assets. Most estate plans only focus on the transfer of your financial wealth to the next generation. Most people have such great intentions of passing on the intangible, but very few ever get around to it. Its just not a priority, until its too late. How much do you know about your grandparents values? Their most prized personal possessions? How they felt about you? What they had learned during their lifetime? If you are like most people, you know very little. Thats why we build the capture and passage of these most valuable assets into every estate plan we create. Not only will we help you pass on your money, but also your values, your insights, your stories and your experience the truly valuable assets your loved ones care about the most. Weve developed a tool that allows us to capture and pass on your whole family wealth, including your Intellectual, Spiritual and Human assets. I cant go into all of the details here, but well definitely talk about it when you come in for your Life and Legacy Planning Session.