The Living Will Registry

LIving WIll RegistryA secure, on-line database called the U.S. Living Will Registry provides a means for you to store you advance directive. This allows your document to be easily accessible to you or by a healthcare provider anywhere at anytime.

You can register your advance directive and/or organ donor information by several different methods:

  • You can register directly on the web site with direct registration.  You can purchase registration for yourself, or you can purchase a gift registration for someone else.
  • You can register through a participating health care provider, hospital or community partner of the Registry.  Some providers and partners provide the service free of charge to their patients, clients, employees and members.  You can search the website to see if there are any organizations in your area that offer free registration.

Having your living will and organ donor information saved online provides you the peace of mind knowing that this important information is safe and secure. Additionally, no matter where you are, your family and physicians can access the information whenever it is needed.

If you are interested in creating an advance healthcare directive, schedule an appointment with Maura Curran.

Getting Legal Help   

If you live in or near Jupiter, Florida, and you need assistance with estate planning, contact Maura Curran at 561.935.9763 and toll free 855.873.7268.  We are committed to providing professional legal representation while educating families on how to protect their loved ones and their assets.  If you are looking for an attorney you can trust, contact Maura Curran today!

 

 

“Share care” – A Unique Way to Avoid Nursing Home Care

"Share care" - A Unique Way to Avoid Nursing Home CareAs older individuals face the exorbitant costs of nursing home care, many are starting to find creative ways to obtain the healthcare they need without spending everything they have. One option is “share care.” It is a way to share care-giving and its costs by pooling their resources.

How does share care work? It simply involves finding another person with similar needs to live with and share in-home care. Whether it is a relative, friend or neighbor, the benefits are numerous. By living together, you save money on rent or mortgage payments. As roommates, you provide companionship and help support each other while sharing the expense of healthcare. It also relieves the burden on family members because they know somebody is keeping an eye on you each day.

If you don’t feel comfortable living with another person, the same concept could be used with a close neighbor. If there is another person in your same apartment building or who lives down the street from you, you could still split the cost of an in-home health provider by splitting the time the caregiver spends with each of you. It could also be arranged that you be taken to each other’s home when the caregiver visits. By simply adding a comfortable or chair to one or both residences, sharing a health provider could be workable.

If you are interested in learning more about ways to avoid nursing home expenses, contact The Curran Law Firm.

Getting Legal Help

Experienced Estate Planning Attorney Maura Curran can help you find ways to avoid costly nursing home expenses.  She can also help you create an estate plan which makes estate administration easier for your loved ones and your personal representative. Contact us today at 561.935.9763 and toll free 855.873.7268.

Benefits of Revocable Trusts

Benefits of Revocable TrustsMany people hear there are numerous benefits to trusts, but do you really know what they are? There are several different types of trusts and they each have their own pros and cons. When it comes to revocable trusts, some of the benefits include:

  • Trusts do not have to go through the probate process
  • Trusts are private – your assets and named beneficiaries are not a matter of public record
  • There is no delay in the distribution of the assets in the trust
  • Title to your assets can be easily transferred
  • Trusts allow for more specific and protective management of assets for family members without the worry of the beneficiary’s level of personal responsibility.
  • Children from a previous marriage can be provided for

Revocable trusts allow for active control by you, the grantor, and can be amended or even revoked at any time (for instance, upon remarriage or need to use assets from the trust).

Irrevocable trusts are less easily amended. However, the irrevocability of this type of trust may protect assets from estate taxes. Irrevocable trust assets are protected from creditors, lawsuits and probate laws. If the person who has granted the trust needs nursing home care, the assets from this trust are not included in Medicaid eligibility determination.

 

Getting Legal Help

Experienced Estate Planning Attorney Maura Curran can help you create an estate plan to fit your personal needs.  She can also help you create an estate plan which makes estate administration easier for your loved ones and your personal representative. Contact us today at 561.935.9763 and toll free 855.873.7268.

 

Mistakes to Avoid in Your Retirement planning

Retirement planningWith our nation’s economy being uncertain, there are many financial decisions that can make or break you during your elder years. Below are several financial mistakes to avoid when planning for your retirement.

  1. Assuming you will retire at a specific age. There are many factors that can influence the age at which you retire, some of which are not in your control. This is why it is absolutely imperative that you start your retirement planning as soon as possible.
  2. Relying on the advice of friends and family instead of a professional. Your family and friends may have the best of intentions in giving your financial advice, but the knowledge and experience of a professional cannot be replaced. The earlier you begin creating a retirement plan, the easier it is to ensure your financial future.
  3. Starting social security too early. The longer you wait to start collecting, the greater your initial annual income.
  4. Overlooking tax consequences. If you don’t understand the penalties associated with either removing money too early or too late from retirement accounts, you can find yourself paying enormous tax penalties, which can severely affect your retirement.
  5. Not updating your retirement plan. Many individuals grow increasingly conservative as they approach retirement. However, low-risk bonds don’t provide the long-term potential required to sustain a retirement income for numerous years.

If you are interested in learning more about retirement planning or estate planning, contact The Curran law Firm.

Getting Legal Help

Experienced Estate Planning Attorney Maura Curran can help you with your estate planning.  She can also help you create an estate plan which makes estate administration easier for your loved ones and your personal representative. Contact us today at 561.935.9763 and toll free 855.873.7268.

 

How Divorce Impacts Your Estate Plan

How Divorce Impacts Your Estate PlanIf you are going through a divorce or your divorce recently became final, it is important to consider changing your will, advance healthcare directive and power of attorney documents. Maura Curran can assist you with updating your estate plan to change the beneficiary designations and fidcuciary appointments.

Even if you and your ex-spouse separated under amicable terms, you probably do not want him/her making your medical decisions for you or handling your finances in the future. Thus, if your estate plan currently names your ex-spouse in any of your documents, you need to update it.

It is important to note that the changes to your estate plan should be made during the divorce process. You do not need to wait until your final decree is entered.  Why the rush? If you are involved in an accident during your divorce, your estate planning documents control who receives your inheritance and makes your medical and financial decisions.

If you are going through a divorce or you have been recently divorced, call The Curran Law Firm to ensure that your estate plan is updated.

Getting Legal Help   

If you live in or near Jupiter, Florida, and you need assistance with estate planning, contact Maura Curran at 561.935.9763 and toll free 855.873.7268.  We are committed to providing professional legal representation while educating families on how to protect their loved ones and their assets.  If you are looking for an attorney you can trust, contact Maura Curran today!

 

Flying for a Funeral

Flying for a funeralIf you have lost a loved one and you need to take a last minute flight for the funeral, you may be surprised to learn that the airlines are not as helpful as you might expect. Under the circumstances, you probably expect a discount on your ticket, but you are not likely to get a very significant one.

Most airlines require that the family member that has passed away be within the “relationship parameters” as set out by the individual airline. The majority of the airlines also require numerous documents and information to qualify for the discounted ticket. However, it is unlikely that you will be able to provide a death certificate or any other evidence of your loved one’s death before the flight. You may be able to submit the documentation at a later date and request a refund, but there is no guarantee you will receive it.

With the numerous websites that offer discounted tickets, it is likely you can get a better deal from one of them rather than by requesting a bereavement ticket.

Getting Legal Help

Experienced Estate Planning Attorney Maura Curran can help you with the various issues surrounding the death of a loved one.  She can also help you create an estate plan which makes estate administration easier for your loved ones and your personal representative. Contact us today at 561.935.9763 and toll free 855.873.7268.