Can I Protect My Elderly Parents?
November 29, 2022
As the American population of seniors continues to expand, the need for intentional estate planning becomes more urgent, especially for the children of aging parents.
Can You Prevent Family Fights over Inheritance?
November 28, 2022
In early 2022, Bloomberg News reported that Americans can expect to inherit $72.6 trillion over the next quarter century—more than twice as much as a decade ago. With so much potential generational wealth on the line, there is always a risk that it will become the subject of a dispute.
Does the Early Bird Really Catch the Worm?
November 23, 2022
If you tend to be a night owl, you may want to take some notes. That’s because a recent study published in JAMA Psychiatry found people who consistently get up early and remain active throughout the day tend to be happier and mentally stronger, especially in older age, when compared to people with irregular daily activity patterns.
Could Your Estate Plan Be a Disaster?
November 22, 2022
We’re all looking to save taxes, court costs, legal fees and ‘make it simple’ for our heirs. A last will and testament is the cornerstone of all estate planning, maybe with a trust.
How Many Americans Suffer from Dementia?
November 18, 2022
About one in 10 U.S. adults over 65 has dementia and even more have mild cognitive impairment, updated national estimates suggested.
What’s the Most Common Type of Debt for Retirees?
November 17, 2022
Debt can sometimes be hard to avoid in retirement.
There are Ways to Transfer Home to Your Children
November 15, 2022
Transferring a home to adult children is not quite as easy as giving them the keys and letting them move in. No matter how you do it, the taxman wants his cut, whether through estate and gift taxes or those for property and income, both federal and state.
The Benefits of a Good Estate Plan
November 11, 2022
Estate planning helps you avoid many unfortunate situations. While it can take some time and money upfront, you can avoid many worse problems later on.
Major Blunders in Estate Planning
November 10, 2022
It goes without saying that everyone should have an estate plan.
What Happens When Inheritances are Unequal?
November 8, 2022
Robert, the older brother, and Lon, the younger one, were close as they were growing up in the Queens borough of New York City. However, when their mother passed away and left the bulk of her estate to Robert, Lon was devastated.