Power of Attorney Many Americans spend a lot of time and effort in managing their finances. While most are worried about how the coronavirus (COVID-19) will impact their income—whether that’s because they are temporarily furloughed, find themselves suddenly without a...
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Estate Planning
The Importance of Planning for the Unexpected
Planning, Planning, and more Planning. The sudden rise of the coronavirus, COVID-19, has left many unprepared and confused. There are numerous reports of shortages of antibacterial hand sanitizer, disinfecting wipes, and even toilet paper. While we can’t predict when...
Common Estate Planning Myths
Estate Planning Myths: Estate planning can be a very difficult process. While it’s not brain surgery, making the decision to move forward with the planning requires us to face the fact that we will not live forever. This thought can stop many people right in their...
Why Seniors Should Need Estate Planning
Seniors need estate planning more than most groups, because they are more likely to encounter a serious illness or disability. When it comes to establishing wills and estate plans, older Americans outpace their younger counterparts. Still, a significant number — 19...
How Living Trusts Can Help Seniors
Do you have a living trust? Have you considered one? As we age, it can become increasingly difficult to manage our assets. Most of us will, at some point, need assistance with these details to help ensure that our financial and other assets aren’t depleted. If you or...
How An Elder Law Attorney Can Help Seniors and Their Loved Ones
Many aging Americans depend on family members or friends to help manage their financial, health, and other affairs during retirement and beyond. They often believe that their family members will be able to take care of any issues that arise. While consulting with...
How to age in place
Aging in place – Dafoe Law can help – Call and ask about our Elder Care Coordinator and how they can help you age in place. According to AARP aging in place is a goal for 3 out of 4 Americans aged 50 or more. These seniors and near seniors are willing to employ...
How Will the New Tax Law Affect You?
Tax Reform congress and tax reform While most of the new tax law – the Tax Cuts and Jobs Act – has to do with reducing the corporate tax rate from 35 percent to 21 percent, some provisions relate to individual taxpayers. Before we get into the details, be aware that...
Do I Need an Estate Plan?
estate plan When many people think about estate plans, they ask themselves, do I need one? Are they only for the old or the rich? However, it is important for you to know that everyone needs an estate plan. Estate plans are written into the law, and under this state...
Have You Looked At Your Estate Plan Lately?
I am often asked, how often do I need to update my estate plan? This may seem like a simple question, but the answer is actually pretty complex. The reason is that no two people are exactly alike, and there are many reasons why an estate plan needs updating. Why do...