Earlier today, our very own Woods Doster and Grant Brown appeared on WWGP Broadcasting Corp with host Margaret Murchison! Check out their full interview by clicking here!
It’s Tuesday morning, March 31, 2020. The Governor has issued his stay at home order, but legal services are considered essential services. So, we are still working from our Sanford office on a modified schedule. We will continue to serve our clients with your estate planning, estate administration, business planning, and real estate needs, but we will have to follow special procedures to protect you—our clients—and our staff from this awful virus.
Due to the highly contagious nature of COVID-19 LOWWD will utilize the following procedures to ensure that business can continue as uninterrupted as possible.
There has been a lot of heated debate on the topic of traveling with emotional support animals (ESA), psychiatric service animals (PSA), and traditional service animals. To resolve some of the conflict, the Department of Transportation (DOT) issued a Final Statement elaborating on the department’s expectations and priorities regarding the treatment of passengers traveling with animals.
Senior Employment on the Rise
According to the Bureau of Labor Statistics, approximately 40% of people age 55 and over were working or looking for work in 2014. The labor force participation rate for seniors is expected to increase to around 164 million individuals by 2024. In 2016, over 42% of workers age 55 and over were in management, professional, and related occupations. According to one report, entrepreneurship amongst seniors aged 55-64 increased from 15% in 1996 to 26% in 2017.
Fiduciaries can hold a lot of power when it comes to the successful execution of one’s estate plan—they make crucial financial decisions, act as advocates for a client’s wishes, make sure an estate’s debts are settled, and ensure that each beneficiary gets what they were intended to receive. As such, helping clients choose the right individual to carry out these duties can be the difference between successfully carrying out a client’s wishes and complete calamity.
Pending Legislation in Washington D.C.
There are some potentially positive pieces of legislation pending in Washington D.C. Let’s take a look at the Stop the Wait Act, The FAIR Act, and the Supplemental Security Income Restoration Act and how each has the potential to help seniors and those with disabilities.
The Uniform Electronic Wills Act is Here
Once upon a time, the legal field relied on face-to-face interactions, loads of paper files, and gallons and gallons of ink. This is not so in the current day and age. Our legal documents were once handwritten, then typed and printed, and are now becoming a series of ones and zeros. Most attorneys now harbor a hybrid mix of paper and electronically stored data. For elder law attorneys, shifting their historically physical procedures into electronic practices is a foreign concept – a concept now coming to fruition in the form of electronic wills.
The disabled population likely experiences an amplified sense of vulnerability during disastrous happenings. The compounded risks encountered by the disabled during a catastrophic event are a real, and very serious, concern. A 2019 Act focuses on this hinderance and will attempt to bridge the accessibility gap for disaster response and preparedness for those living with disabling conditions.
Actions May Speak Louder Than Signatures
It is not always what you sign – it’s also what you say. Long-term care facilities are businesses. Just like any other, these institutions seek payment for their services. If a facility is assured payment by a third-party, that person may be on the hook for the bill, even if he or she never signed an agreement guaranteeing payment.