Elder law: A specialty in the practice of law with special knowledge covering the legal and financial issues that affect older persons.
Executor/Executrix: One who administers a Will or estate.
Enhanced Life Estate Deed
An enhanced life estate deed is also known as a “transfer on death deed” or “Lady Bird deeds.” The deed transfers tangible personal property. There are at least 25 states that recognize these deeds. The logistics of this deed vary from state to state.
Guardianship: A "guardian of the person" is an individual or corporation appointed by the court to assume responsibility for the care, custody, control, and education of an adult or minor. A guardianship or conservatorship will last until the death, resignation, removal, or the court termination of the guardian or conservator.
Intestate: If one dies without a will, they have died intestate. Without a will, the court must decide the legal recipient(s) of one's property. Each state has different probate laws. The court uses long-established rules when defining the legal recipients of a will. Joint Ownership can also apply to real property and other forms of personal property.
Joint Ownership - (joint bank accounts): When one person dies, the account transfers to the other survivor. These accounts are named with an "or" …show more content…
A terminal condition is defined as an incurable condition caused by an injury, disease, or illness which, to a reasonable medical certainty makes death imminent and from which, despite life sustaining procedures, there can be no recovery. Living Wills are not used for individuals who are terminally ill and not for people who have Alzheimer's disease, debilitation from a stroke, degenerative disorders, in a coma, or in a persistent vegetative
Executor/Executrix: One who administers a Will or estate.
Enhanced Life Estate Deed
An enhanced life estate deed is also known as a “transfer on death deed” or “Lady Bird deeds.” The deed transfers tangible personal property. There are at least 25 states that recognize these deeds. The logistics of this deed vary from state to state.
Guardianship: A "guardian of the person" is an individual or corporation appointed by the court to assume responsibility for the care, custody, control, and education of an adult or minor. A guardianship or conservatorship will last until the death, resignation, removal, or the court termination of the guardian or conservator.
Intestate: If one dies without a will, they have died intestate. Without a will, the court must decide the legal recipient(s) of one's property. Each state has different probate laws. The court uses long-established rules when defining the legal recipients of a will. Joint Ownership can also apply to real property and other forms of personal property.
Joint Ownership - (joint bank accounts): When one person dies, the account transfers to the other survivor. These accounts are named with an "or" …show more content…
A terminal condition is defined as an incurable condition caused by an injury, disease, or illness which, to a reasonable medical certainty makes death imminent and from which, despite life sustaining procedures, there can be no recovery. Living Wills are not used for individuals who are terminally ill and not for people who have Alzheimer's disease, debilitation from a stroke, degenerative disorders, in a coma, or in a persistent vegetative