Monthly Archives September 2019

When is Guardianship Needed?

Several different occurrences can trigger the need for guardianships.  When minors receive personal injury settlements or beneficiary distributions from a will, guardianship can be set up to administer the funds for the child.  When developmentally disabled minors become adults, orders are put in place for direction on daily living decisions, medical care and asset administration.  When minor parents are unable to care for their child, then guardians can be named to raise the child and have authority to make decisions in the child’s daily life.  When adults lose competency and they do not have power of attorney documents, guardianships are
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Have You Planned Ahead?

So you own a small business. It is running well and you are successful. You work hard, put in many hours, and it helps provide income for your family. There is more to it than that. You need to take the next step and consider succession planning. What happens to the business when you retire, or if you get sick and cannot run the business anymore? What if you died? Have you planned ahead so that there is someone to take over or buy you out so that your family/estate can receive the asset value of the company? Most likely,
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Why Do My Documents Need Updating?

A common question is “Why do my documents need updating so often?”  The changes in laws and society in general require updates.  Many banks will not honor the General and Durable Power of Attorneys unless certain specific language is contained in the document.  These changes are constantly being updated by lawyers to stay current with the most recent requirements.  Updates in Medicaid planning should be incorporated into your documents.  If you have not revised them in the last three years, you most likely need changes.  Other documents are similar in their need to incorporate modifications to bring them current.  To
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New School Year, New Schedule?

School is starting again. Is your child making a significant transition? Going to a new school, starting middle school or high school? If so, and if your child spends time at more than one house, it may be time to take another look at that placement schedule. Maybe moving back and forth between mom’s house and dad’s house every few days worked fine for your younger child, but now that your child is entering middle school, he or she may need or want more consistency and less movement. Or perhaps your college-minded high schooler just can’t concentrate at mom’s (or
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