No one likes to think about having to enter a nursing home. The idea can seem especially unfathomable when you are in good health, no matter your age. However, the odds that you will never have to go into a nursing home are not something you want to gamble with. Why?
Planning for your child’s future can be stressful, but that stress further compounds when your child has special needs. The designation of special needs encompasses a broad spectrum of cognitive disabilities and when children near legal adulthood it can be difficult to decide whether or not to seek guardianship over them.
Understanding the probate process and what assets it involves will be part of the discussion when you meet with an attorney to prepare your will. For example, if you want to know whether your collection of vintage dolls will be subject to probate, the short answer is yes.