Law Office of Neil Thompson Legal Blog

The need for estate planning becomes more and more critical as we age. Many people avoid estate planning because they do not want to think about the end of life, failing health, or disability. Others believe that an estate plan is only for rich people. However, an estate plan is helpful for the senior adult…

Since the 1960’s, lawmakers have continued to tackle age discrimination in the workplace. According to study.com, age discrimination is defined as “the practice of letting a person’s age unfairly become a factor when deciding who receives a new job, promotion, or other job benefits. Decisions about terminating employees also cannot be solely based on their…

Adding a child’s name to a bank account may be more of a hassle than it’s worth, although it can be helpful to have another party available to keep track of bills when you’re sick or away. Doing so may have unintended consequences for both you and the child. First of all, the money in…

The quest to provide cost-effective, quality in-home care for veterans has been a long-time goal of the Department of Veterans Affairs (VA). Although the agency has long been mired in controversies surrounding its programs, particularly arbitrary caregiver dismissals, the home health services sector of the VA has long been touted as an overall success story.…

The 2019 novel coronavirus outbreak was officially named by the World Health Organization (WHO) on February 11, 2020. The coronavirus disease 2019 shortly after became known by its abbreviation, CO for corona, VI for virus, D for disease, and 19 for the year of the outbreak; COVID-19. This virus will likely become a milder illness…

As the baby boomer generation ages and the influx of international migration continues, the senior citizen population of the United States is growing quickly. Although the US average life expectancy has seen a slight three-year decline, many Americans, men, and women live well into their 80s, 90s, and beyond. An elder law attorney works with…

Death and Money:  Even in the most open families, conversation often quiets when two subjects arise: death and money. The uncomfortable talk:  For both parents and adult children, confronting the prospect of each other’s deaths can be uncomfortable. Privacy around financial matters is often a key concern, even among close family members. Why Conversation Is…

Revocable trusts are an “inter vivos” trust, created during a grantor’s lifetime. Revocable trusts allow for the management of property both during life and after death. Revocable trusts are one tool for estate planning, but they are not for every situation. Ultimately, the decision to adopt a will or a revocable trust depends on the…

It is hard to know who to trust with managing your financial well being when you are no longer able to do so? A power of attorney (POA), otherwise known as an agent to your principal, has the legal authority to represent and make decisions on your behalf. What characteristics should you look for when…

Given the reality of living in today’s world, mortality is something we need to think about and ensure we have plans in place to take care of our loved ones should we perish unexpectedly. Life insurance can be an affordable way to provide for our children, a spouse, a sibling, aging parents, and other loved…