Tag Archives: financial

Common Errors in Long-Term Care Planning

By Bernard A. Krooks, Certified Elder Law Attorney During our discussions with clients, we learn about many misconceptions they have and previous errors they have made in their long-term care planning. I would like to share a few of those … Continue reading

Third-Party Special Needs Trusts: Peace of Mind for Caregivers

By Bernard A. Krooks, Esq., Certified Elder Law Attorney We are all aware of the importance of getting our family’s financial and legal affairs in order. For family members of individuals with Alzheimer’s disease, the importance of doing advance planning … Continue reading

Planning for the Well Spouse

By Bernard A. Krooks, Esq., Certified Elder Law Attorney When a spouse becomes ill, the well spouse is suddenly faced not only with the emotional toll, but the burden of handling all the financial responsibilities and long-term planning on his … Continue reading

You have the Power: Power of Attorney

By Bernard A. Krooks, Certified Elder Law Attorney A power of attorney (POA) is a legal document in which one person (in legal terms, “the principal”) appoints another person (“the agent”) to act on behalf of the principal. It allows … Continue reading

Advance Directives: Ensure your Wishes are Honored

By Bernard A. Krooks, Esq., Certified Elder Law Attorney What kind of medical care would you want if you were too ill or hurt to express your wishes? Advance directives are legal documents that allow you to convey your decisions … Continue reading

Common Estate Planning Errors

By Bernard A. Krooks, Esq., Certified Elder Law Attorney It is essential for individuals to address their estate planning sooner rather than later. However, it is equally important to make sure that the planning is done correctly. Too often, people … Continue reading