How Parents and Adult Children Talk about Money and Aging
April 23, 2024
It’s a conversation fraught with potential tension, in which people examine around concerns about independence, money, responsibility and mortality.
Unraveling the Mystery of Trusts: What Your Estate Planning Attorney Wishes You Knew
April 22, 2024
Understanding trusts and their tax nuances can empower you to make informed decisions regarding the type of trust you choose for your estate planning purposes.
Estate Planning Strategies to Care for Aging Parents
April 18, 2024
An estate plan with wealth preservation, long-term care and medical directives strategies provides clarity and guidance to loved ones on aging parents’ wishes, while retaining control for aging parents over financial and health-related matters.
Why Estate Planning Is Essential for Small Business Owners
April 15, 2024
Your business, likely your most valuable asset, deserves careful consideration within your estate plan to ensure a smooth transition of ownership and management in the event of incapacity or death.
Can Estate Planning Address ‘Third Generation Curse?’
April 12, 2024
Thorough communication with heirs about values and various elements of your estate plan could help younger generations better manage their inherited wealth.
Aging Baby Boomers Highlight Significance of Elder Law in Estate Planning
April 10, 2024
The fact that many baby boomers lack the robust pension and Social Security benefits enjoyed by their predecessors underscores the importance of working with an elder law attorney to plan for financing long-term care and guarding existing assets as they age.
Digital Life Lives on After You’re Gone, Unless You Plan Ahead
April 4, 2024
We all have a digital footprint that does not necessarily die with us. There are three things you should do to best prepare your executor, trustee or other personal representative to properly handle your posthumous digital affairs.
Estate Planning Checklist for 2024: A Comprehensive Guide
April 2, 2024
Estate planning is more than writing a will; it’s a plan to manage and distribute assets to your dependents. It documents your healthcare preferences, so a loved one decides on medical care according to your wishes. The National Council on Aging (NCOA) Adviser’s article, “Estate Planning Guide and Checklist for 2024,” offers a comprehensive overview of what to consider when planning your estate. This blog post distills the key points from the article and provides an actionable checklist for 2024. Understanding Estate Planning Estate planning organizes your affairs to fulfill your wishes after you pass away. It encompasses decisions about…
The Hidden Pitfalls of Co-Owning a Vacation Home
March 27, 2024
Explore the benefits and challenges of co-owning a vacation home, and how an estate planning attorney can help prevent potential disputes.
How a Teen’s $250,000 Inheritance Vanished: Protect Your Heirs with a Trust
March 25, 2024
Learn from a teen’s loss of a $250K inheritance and discover how inheritance trusts can protect and guide your family’s future financial decisions.