Filial Responsibility Laws, also known as Filial Support Laws, are relatively unknown. More than half of US states (including Puerto Rico) could hold adult children financially responsible for their parents’ long-term care. If your parents live in one of the following states, you could be held legally responsible for their healthcare: Alaska, Arkansas, California, Connecticut,… Read More »
Posts Categorized: Long Term Care Planning
Helping You Avoid a Big Life Insurance Mistake
We’re focusing this article on one of the most common and chronic mistakes that estate planning attorneys are asked to fix after someone passes away. To avoid this mistake, we encourage insurance agents and advisors not to allow a client to name the probate estate as the primary beneficiary of a life insurance policy. We… Read More »