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Monday, June 27, 2011 Elder Abuse and Predatory Marriages   There was an interesting article in the weekend edition of the Wall Street Journal a couple of weeks ago (June 11, 12). In a column by Kelly Greene, she shed light onto a particularly troublesome topic: elder caregivers secretly marrying the person in his or her care, and as a result, taking a share or all of the estate of the elder individual.   In many cases, Green writes, the children of elderly parents had no idea that their parent got married! Scary.   Even if that new spouse isn’t written into the will, it doesn’t matter—they are always entitled to at least an elective share, or 1/3 of the estate in Pennsylvania.    How do we combat this problem? The law is different in each state and is still developing.    Green states some precautionary measures for a child of an elder parent to take: Hire only someone who consents to a background check Hire a professional to keep tabs on the individual caregiver Stay in touch with your parent regularly if possible, even if you are not local   To read the entire article, use this link: http://online.wsj.com/article/SB10001424052702304906004576371470376031108.html Permanent Link write a comment

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Caution: Do-It-Yourself Wills Social Security For Spouses Your Digital Assets 2011 December Estate Tax Update / 4 Common Estate Planning Questions Asset Preservation: Your HOME The $400 Million Estate Will Contest November Evaluate Your Estate Plan Executors; Estate & Gift Tax Update Estate Planning Misconceptions Advantages of Living Trusts October Nursing Home Costs - Rising Fast? Did Steve Jobs Have An Estate Plan? CLASS Dismissed 7 Estate Planning Questions Is it time for a WILL review? September Estate Planning Tips Five Myths About "Living Trusts" IRA's and Estate Planning Fall 2011 Estate Planning Essentials August Long Term Care Costs Powers of Attorney 101 Ethics and Estate Planning Ten Reasons To Write A Will Estate Recovery and Medicaid July Special Needs Planning Five Estate Planning Red Flags New Radio Show June Elder Abuse and Predatory Marriages Asset Protection For Your Heirs Estate Planning 101 - Class is in session! 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