Stanford University developed a program to help people write final letters to their friends, their family, and even their doctors. The Stanford Friends and Family Letter Project was started in 2015, with guidance from seriously and terminally ill patients.
Legal Strategies, P.C. Blog
According to AARP,one in five older Americans is the victim of financial exploitation each year, resulting in losses of $3 billion annually. Older members of the population are targeted due to their $18 trillion in assets and the likelihood that they suffer from problems with memory and judgment, making them more vulnerable.
Accordingly toa recent article from Merrill Lynch, many people still believe that a trust is only for the very wealthy. On the contrary, a trust allows someone of even modest means to ensure that his money is distributed as he wishes after his death. Merrill Lynch points out the three benefits of a trust:
When fashion designer Kate Spade and chef/TV star Anthony Bourdain died last year, they had more in common than the headlines revealed, and those common traits offer a cautionary tale about the importance of a current estate plan.
Michigan is providing free legal help to people age 55 and older who have experienced, or are at risk of, abuse, neglect or exploitation. These free legal services are available regardless of income, languages spoken or immigration status (with or without documentation).