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Is It Necessary to have a Medical Power of Attorney?

Selecting medical powers of attorney is an important step that aging parents should take to ensure they get the care they wan,t if they are unable to advocate for themselves.

02/14/22 • by: Grogan Law, PLLC

Why Should I Have a Living Will?

As a review of terms, a will is a legal document that specifies how a person’s estate should be handled only after that person’s death. A living will has nothing to do with how your “things” like property, money, jewelry, etc. are to be distributed. Unlike a will, it is, in fact, a document that comes into play while you’re still alive.

02/11/22 • by: Grogan Law, PLLC

What’s the Best Time to Talk to Mom about Cognitive Decline?

Your elderly mother is getting forgetful and confused. What do you do now?

02/10/22 • by: Grogan Law, PLLC

What Happens to IRAs and 401(k) when Spouse Dies?

The rise in the stock market over the past several years, teamed with the passage of the SECURE Act two years ago and the scheduled 50% reduction in the size of the federal estate tax exemption four years from now, has resulted in a renewed interest in estate planning for IRA and 401k accounts owned by married couples.

02/09/22 • by: Grogan Law, PLLC

Will Moving to a New State Impact My Estate Planning?

However, if you are retired and no longer generating employment income, you should make sure you weigh the financial implications of any potential move.

02/08/22 • by: Grogan Law, PLLC

Should I Place My Home in a Trust?

Part of being a responsible homeowner is having a proper estate plan in place. After all, considering the home is generally the largest asset most people own, it's prudent to ensure this asset is passed to the people you wish to leave it to.

02/07/22 • by: Grogan Law, PLLC

What’s the First Step in Estate Planning?

For young professionals finding their way in the world and just beginning the journey of building wealth, death can seem like a far-off abstraction. However, the cold reality is that no one ever knows what’s around the corner — health problems and freak accidents can happen at virtually any time.

02/04/22 • by: Grogan Law, PLLC

How Do I Stop Heirs from Foolishly Wasting Inheritance?

One of the biggest concerns a trust creator might have is that the beneficiary would squander their inheritance or that the beneficiary’s creditor would attach the inheritance to cover the beneficiary’s debt.

08/03/21 • by: Grogan Law, PLLC

Can You Believe Aging Parents Grow Stubborn and They Know It?

Aging parents grow stubborn, and researchers are uncovering the reasons why.

08/02/21 • by: Grogan Law, PLLC

Here’s Why You Need an Estate Plan

No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.

07/31/21 • by: Grogan Law, PLLC

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