Holiday Talks: Essential Estate Planning and Tech Safety for Aging Family Members
Now is a busy time for businesses as they wrap things up before year-end. But the holiday season can be stressful for a different reason when the owner or some of the employees are responsible for the care of aging family members on top of working full-time.
The following video "Holiday Talks: Essential Estate Planning and Tech Safety for Aging Family Members" features elder law and business attorneys addressing long term care financing options, the importance of using an attorney to put affairs in order and preventing senior family members from getting scammed.
Moderator Paul Millenbach welcomes fellow attorneys Matthew Fedor and Lindsey Mead as they discuss:
- Understanding the Basics of Estate Planning: Matt will address the importance of wills, trusts, and powers of attorney in protecting assets and ensuring wishes are honored.
- Long-Term Care Considerations: Matt will address options for long-term care, including Medicaid eligibility, and how to plan for potential nursing home expenses when family members can no longer live on their own.
- Cybersecurity and Technology Safety for Seniors: Lindsey will discuss the importance of protecting an elder family member's personal information online and recognizing common scams targeting the elderly.
- Navigating Digital Assets and Online Accounts: Lindsey will highlight the need to plan for digital assets, such as social media accounts and online banking, and how to manage them in estate planning.
Click the thumbnail to view the recording. This video is for general information purposes only and is NOT LEGAL ADVICE. Individuals viewing this video should consult an attorney prior to taking any action to determine how this information may apply to a specific situation.
Categories: Cybersecurity, Elder Law, Employment, Estate Planning, Privacy
Lindsey Mead is an associate with the firm's Business & Tax practice group in Lansing. Lindsey focuses on business law, business contracts, intellectual property, and legal matters associated with business' use of artificial intelligence (AI). In addition to her focus on business law, Lindsey is passionate about the arts and the film industry and how entertainment law intertwines with intellectual property and business law.
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*For those trying to access these links by smartphone, it is best practice to copy/open the link in a separate tab and download the free Google Sheets app from Google Play or the Apple Store.
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E-book Covers Estate Planning Essentials
Engaging in estate planning, while essential, is often emotional and generates many questions. How do I protect my spouse and my children if something happens to me? What happens if I become disabled before I pass on? Who will take care of my pet after I'm gone? How do I pass my business on to my children? These questions and more are addressed in Jonathan David’s recently updated e-book, “Estate Planning: You Have to Start in Order to Finish.”
Need Help Planning?
For more tools, visit our Elder Law Resource page for additional content. Click here to view/download the Foster Swift estate planning brochure to see what our experienced team of attorneys can do for you.