IGA024: Elder Law – Avoiding the Dark Side of Personal Planning

Summary:

The practice of elder law covers a myriad of life topics. David R. Craig, a NH elder law attorney, opens up many of these areas for us during this 2-part conversation. Hear Lee and David chat about many of the ramifications and pitfalls in managing our financial and health affairs to support all the possibilities ahead of us as we grow older. this is the first part of a fascinating discussion that gives us a deep look into such aspects as personal planning, wills, probate, guardianship, and trusts. David teaches us about the care that must be taken in setting up these arrangements, and the difficulties that can happen through misinformation and/or negligence.

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What You Will Learn About In This Episode:

  • A few basics of personal planning
  • Why wills are important and tips to strengthen yourself
  • Executor  and agent bonding issues
  • All about trusts – revocable vs. irrevocable

Links and Resources:

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  • Two FREE articles Written by David R. Craig to increase our understanding (Get these sent to your inbox immediately)

    • “It is only now, after nearly 15 years in this practice area that I am beginning to understand what the term – Elder Law – really means”.
      Understand how an attorney sees the practice of Elder Law. Read David’s personal accounting of real-life circumstances with his mother, and other clients that underscore the importance of making basic legal arrangements. See why David questions the term “Elder Law”.
    • “Today, families are required to provide every detail of the last five years of their financial lives”.
      David has been watching the Medicaid landscape for many years and has noted some disturbing trends. In this article, he takes a look at where these issues might be headed. He explores both the history and possible future that we all may be facing with these issues

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