To help protect your older relatives, it’s important to understand that elder financial abuse can take many different forms and can be committed by a variety of people, including strangers, friends or even family members.
The process involves the transfer of managerial control, assets, ownership and an occupation. Successors must be selected and groomed. The timing of the transition and managing the entry and exit of family members is one part of the process. Estate planning and the preservation of… Read More >>
Protect yourself and your family with a power of attorney If you have an accident or fall ill, you may need someone to make decisions on your behalf. A power of attorney is a legal document that allows you to nominate someone you trust to make… Read More >>
The most important tip is to have a Will, keep it up to date when circumstances require a change and make sure your family knows where it is kept. Marriage/Divorce If you get married, any pre-existing Will is revoked unless it is made in contemplation… Read More >>
An important part of making a Will is deciding who should act as the executor of your estate. An executor acts as your representative and will make sure that your wishes, as detailed in your Will, are followed. The job of an executor initially appears… Read More >>