In this Elder Law Minute, Wes Coulson shares some insights on why deeding your residence to your children may not be the best way to protect your house if you later need nursing home care. Think Twice Before Deeding Your Residence to Your Children Transcript: Hi, I’m Wes Coulson and this is your Elder Law […]
Don’t Be Fooled by Average Life Expectancies
Hi I’m Wes Coulson and this is your elder law minute. When people are deciding whether to engage in planning to protect their life savings from long term care costs, it’s easy to get fooled by average life expectancies. People will see that the average life expectancy is 79, and if they’re 82, they’ll think […]
Why Second Marriage Spouses Need A Living Trust
Hi, I’m Wes Coulson, and this is your Estate Planning Minute. If this is a second or subsequent marriage for you, and you have children from a previous marriage, you really need to plan your estate with a living trust, and not a will, and here’s why: In All likelihood, if you die before them […]
Estate Planning & Elder Law Minute: Not all Financial Powers of Attorney are Created Equal
Hi, I’m Wes Coulson and this is your Estate Planning and Elder Law Minute. One of the great myths about Powers of attorney is that the only real question is whether you have one or not. Truth of the matter is, not all financial powers of attorney are created equal. They give the authority […]
Finally – Some New Year’s Resolutions you can Keep!
Estate Planning and Asset Preservation Planning The problem with most New Year’s resolutions is that they usually end up being just too darn hard to keep. Sure, I definitely want to lose some weight, but gosh, those brownies do look tempting! Sure, I want to spend less time watching sports on TV, but now there’s […]
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