The granddaughter of a wealthy widow said her family has been through what can only be described as a “bad Lifetime movie” after they were allegedly swindled out of the family fortune by a man who befriended the grandmother.
There is no doubt that caregivers play a unique and often crucial role in vulnerable people’s lives. When someone is struggling with an illness, old age or some other issue, the services of the person who helps with the accomplishment of daily tasks can be invaluable.
There are many good reasons to put in place a sound estate plan. Certainty about the transmission of property to the desired beneficiaries in a timely manner is primary. Estate tax considerations and other factors also often play a role.