If you have a loved one with special needs, a trust could be a very important part of his or her life care plan. Generally speaking, a trust is created when someone manages property – usually money or real estate – for another person. We often think of trusts as estate planning tools to conserve wealth for future generations. In…
This article originally appeared as a column for the Cleveland Jewish News. When we think about life care planning, we think about many aspects of aging. Obviously, financial planning is important. A retirement plan will help to ensure income into the future. A will can ensure that your estate is passed to your heirs in the way you want it…
This article originally appeared as a column for the Cleveland Jewish News. The health care power of attorney and living will are two of the most important documents you could have in your life care plan. The former names a trusted loved one who would make medical decisions on your behalf in the event you were no longer able to…