When your parent gets a diagnosis of Alzheimer's disease, you may both be shocked, saddened and frightened of the future. After the initial shock has worn off, you may be able to sit down with your parent to talk about what you will be able to do for him or her when he or she can no longer make logical decisions regarding things like health care, finances or even personal hygiene.
It is never easy to plan for the future, especially when it pertains to your own health care and potential medical problems you could face as you move through life. However, having a good, thoughtful estate plan in place can eliminate some of the stress regarding these sensitive matters.
When you're young and carefree, probably the last thing on your mind is planning for the future. However, life is unpredictable. There may be challenges even when you're young. No one wants to think about the "what ifs," but planning for those maybes may save you and your family members a lot of grief should the unthinkable happen.
Writing a will can be a daunting task for all individuals, whether they are writing one for the first time or making changes to an existing document. For some Maryland residents, it may feel as though they are relinquishing control or making premature decisions about their lives. This may be especially true for those who are considering assigning a power of attorney.
During the last several years, it seems as though more individuals are classified as having special needs. As a result, many Maryland families may be considering establishing a special needs trusts. These trusts are intended to supplement the income individuals with special needs may receive through government programs.
For many Maryland residents, animals are more than just pets. They're a part of the family. This can be especially true for older individuals that live alone. However, pets are often overlooked in an estate plan.