Families can face challenges dealing with and formalizing the inheritance of values and assets, especially if they wait too long to start teaching values.
Medicaid and Medicare: What’s the Difference?
There is an acronym called LASA, or “look-alike-sound-alike,” that is commonly used when referencing medications.
Trust: Do I Need One?
One of the most common questions we receive is this one. The following information can help you decide whether a trust is right for you and, if so, which type is best for your unique situation.
Make Sure Your Estate Plan Up-To-Date to Avoid Unnecessary Trouble
Intestacy laws determine your estate’s financial future and the legacy you leave for your loved ones if you don’t have a plan.
Estate Settlement Without a Will
Caring.com reports that, despite the COVID-19 pandemic, overall percentages of older Americans without a will remain unchanged. Remarkably, younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times.
Understanding Annuities for Married Couples That Comply With Medicaid
An annuity is a financial product that pays a fixed amount of money every year throughout the life of the annuitant. Most annuities are deferred, meaning the payout doesn’t occur until a later date.
Whether You Have a Will or Not, Understanding the Probate Process Is Important
The probate process is something that happens after someone passes away, and it takes place in probate court. Unfortunately, fewer people know that it can be a long and complicated process. It can sometimes take months, or even years, to complete.
The Advance Directive Process Requires Discussing Treatment
There is no doubt that contemplating our own death is one of life’s greatest challenges. Yet it is very important to think carefully about the medical treatment we would want for that challenging time.
Tips for Selecting a Continuing Care Retirement Community
In the U.S., continuing care retirement communities (CCRCs) are becoming more popular. Sometimes referred to as life plan communities, the goal is to provide a long-term care option for older residents.
The Combination of Estate Planning and Elder Law Equals Life Care Planning
Elder law and estate planning are often used interchangeably, but there are significant differences between them. While some overlap exists between the two, learning and implementing strategies from both law practice types is crucial to prepare for successful aging and preserve a family legacy.
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About Cherewka Law
We are a law firm in Harrisburg, PA dedicated to providing comprehensive, highly personalized planning services to individuals, couples, families and businesses.
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