Did the Pandemic Put a Premium on Estate Planning?
More Americans turned their attention to life insurance, wills and trusts last year, as the coronavirus pandemic made the reality of death unavoidable.
Millennials, It’s Time to Talk Estate Planning With Your Parents
Millennials, It’s Time to Talk Estate Planning With Your Parents Every generation gets it. some stigma as to how they act as a generation. Some say millennials are selfish and uncaring about the future. They have have gotten a bad…
Do We Need Estate Planning?
Everyone, regardless of financial status or age, can benefit from having an estate plan—assuming you have assets to leave and people to leave them to.
Did Larry King have an Estate Plan?
Retirement can be a bigger drag on the assets than all the professional and romantic mistakes put together.
What Is a Conservatorship?
When an individual cannot make important decisions for himself or herself, a judge appoints someone called the conservator or guardian to make decisions. The conservator has the legal backing of the court in all decisions, including finances, medical and personal care.
The Difference between Power of Attorney and Guardianship for Elderly Parents
The difference between power of attorney and guardianship is a common question asked by adult children. Both roles share a duty to provide care and oversight of medical care and health.
Your Estate Planning Checklist for 2021
Early in 2021, you should communicate with your advisers and review several items about your 2020 planning, if that planning is to have any likelihood of succeeding.
How Does Family Pay for Parents’ Care?
More than 53 million Americans are unpaid caregivers for family members. The majority are women—often, an adult daughter who lives closest to an aging parent starts out helping with daily activities. As the parent/care recipient requires more assistance, the daughter cuts back on work hours– risking her own financial security.
How Can Blended Families Use Estate Planning to Protect All of the Siblings?
No matter how solid the relationships might be, it is important for parents to be aware how blended families can create unique estate planning issues.
How Can Estate Planning Address the Troubled Child?
Every family has one–or maybe more–black sheep. They’re people who march to their own drum and handing them an inheritance could be problematic.