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As published in the Naperville Sun- June 15,2008 As the population ages and particularly our moms and dads age,it is suitable and valuable to use the services of a geriatric specialist While you and your partner live,your Trustee will take the cash you move to the ILIT each year and use it to pay your insurance coverage premiums The Law Firm of Steven F.Bliss Esq.When a partner is paralyzed,it normally is up to the other partner to make medical decisions for the incapacitated one.
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The contract mentions a pre-determined rate of spend for those services This does not include any data we are obliged to keep for administrative,legal,or security purposes steveblisslaw com It’s a sad fact that abuse of the elderly in nursing homes as well as clinical centers is an ongoing issue.
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Absent a power of attorney,a court may be left to decide what happens to your assets if you are found to be mentally incompetent,and the court’s decision may not be what you wanted Leave InFirmation for Executor and Statement of Desires The Law Firm of Steven F.Bliss Esq.Living Trusts:.
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The successor trustee would also manage the trust if you become mentally incapacitated

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