The expenses of round-the-clock nursing home care are exorbitant. Even mid-tier facilities in the Denver area with semi-private rooms can cost between $9,000 and $10,000 per month. According to a study by Genworth Financial, private rooms in high-end nursing homes in the huge Denver-Aurora-Lakewood metropolitan area can cost upwards of $230,000 annually.
People treat the probate process as if it is as inevitable as, well, death and taxes.
The days, months and years following the death of a loved one can be very difficult. Not only are those left behind mourning their loss, there are often mountains of paperwork to deal with. While a bulk of estate settlement duties fall to executors, successor trustees or other fiduciaries, unanswered questions and unequal treatment of heirs can lead to confusion and hard feelings.
When you are expecting a baby, the last thing you want to focus on is your own mortality. There are so many other matters that need attending to – creating a new room in the home, communicating your needs to friends and family, learning a new role in life, taking care of your own and your baby’s health.
If you are a surviving spouse, family member, heir, beneficiary or an executor of an estate, you may have many important issues to attend to in the aftermath of a loved one’s death. While a decedent’s debts are usually erased upon death, a blog posted last month discussed situations in which debts may remain.