As your parents grow older, their well-being during their later life will become a bigger priority for you. If you are concerned that your aging parents have not yet created an estate plan or are not taking the appropriate steps to plan for mental incapacity, you will...
Month: March 2020
Can you sell your home at a bargain?
On Behalf of Law Office of Barbara J. Dibble | Mar 24, 2020 | Estate Planning
Your family home is worth $250,000, but you want to essentially give it to one of your children. You have now moved out, and you live in a nursing home anyway, so it seems like a good idea to pass it on independent of your other estate planning. That is to say, you're...
You may need to update your estate executor
On Behalf of Law Office of Barbara J. Dibble | Mar 17, 2020 | Estate Planning
When you create your estate plan, you pick an executor. It's one thing to write out the plan, but you must remember that you won't be around to put it into action, so you need someone to do that on your behalf. You want to talk to them first and make sure they're up...
A trust can keep the court from choosing a guardian
On Behalf of Law Office of Barbara J. Dibble | Mar 13, 2020 | Trusts
You know that injuries, disease or aging could lead to a disability. You may become mentally incapacitated. For instance, those who get diagnosed with Alzheimer's may slowly see their mental abilities decline, even when in good physical health.By no means are you at...
Can you make a temporary trust?
On Behalf of Law Office of Barbara J. Dibble | Mar 5, 2020 | Estate Planning
Thinking about putting your assets into a trust as part of your estate planning, but unsure if you want them to stay in that trust for good? If so, you're in luck. You can make a temporary trust, or a limited-term trust.Why would you want to do this? Some people do it...
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