Joint Tenancy is a form of property ownership in which one person and another person own and control property together.
With equally shared ownership, this means that by law the property passes outside of a joint tenant’s estate when they die. Instead, their share of the property will go to the other owner. This type of property ownership is often used with married couples and business owners. Under the proper circumstances, joint tenancy helps the co-owner by keeping the property outside of the probate process.
A lot of people are unaware of the variety of Senior Housing options available for elders as they age and how each one is different! In the interest of dispelling a lot of stereotypes in regards to nursing homes, this article with content pulled from the latest edition of the Seniors Guidepublication goes into detail on specific options that you may not be aware of worth considering:
In Estate Planning, a Pour-Over Will is a last will and testament that serves as a means of security to capture any assets that are not transferred to or included in a Living Trust, so that they are sure to go to your intended beneficiaries. It is important to note that Pour-Over Wills deal with personal, not trust assets.
Our firm has received great news this Monday: The May 2017 issue of Richmond Magazine lists Managing Attorney Robert W. Haley, of the Estate & Elder Law Center of Southside Virginia as part of the Super Lawyers Top 100 Attorneys list in the category of Elder Law!
This accolade is presented by the Super Lawyers organization, which is an independent rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement in their respective fields. The selection process includes independent research, peer nominations and peer evaluations.
Something to think about: Most people tend to put off planning and assume that only elders need Estate Planning documents. But in reality, everyone from age 18 to 80 and up needs to plan for the future!
Many thanks to all who voted in the annual Danville Register & Bee's Readers' Choice Awards! The Estate & Elder Law Center of Southside Virginia placed First in the Law Firm Category in this year's contest. This honor means a great deal to us, and we deeply appreciate all who took the time to make their votes heard!
The results of the Reader's Choice awards were announced in the Sunday, April 9th, 2017 edition of The Danville Register & Bee and are now also online for those who were unable to grab a copy.
Why not join The Estate & Elder Law Center of Southside Virginia for an evening of blues-oriented rock at Rives Theatre on April 15th? The doors open at 8pm, and advanced tickets are $10.00, or $15.00 at the door. If you are interested in tickets, please call 276-224-6828.
The band's line-up includes Matt Bryant (guitar), Scout Wiles (bass), Austin Gilbert, (drums), Preston Painter (vocals), and Angus Hobson (guitar, organ).
Caregiving can be one of the most compassionate and fulfilling things a person can do, and the Caring Village team aims to make it more manageable for caregivers – helping them feel more in control, worry less, and have more quality time to spend with loved ones.
Yoga can be good for adults of all ages, especially seniors! Know someone who may benefit from a FREE class on Wednesdays starting April 5th with a Registered Yoga Teacher? The Estate & Elder Law Center of Southside Virginia will be sponsoring a class to be held at the historic John D. Bassett / EMI Building starting Wednesdays on April 5th! Pass this information along if you know someone who could benefit from this class - We hope to see you there!
The ballot is up now for the Danville Register & Bee's Readers' Choice Contest! Getting First Place would mean a great deal to us and we need your help! It only takes a few moments to vote.
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