Family problems about end-of-life care for a parent and inheritance can have serious repercussions when these problems reach the level of a legal filing and court case. By creating (or amending) your estate plan, you can move beyond the possibility…
A study of 2,400 Americans by Caring.com and YouGov has found a decrease from sixty percent to 44 percent in the percentage of Americans ages fifty-five and older who have written a will since 2019. In addition to this decline…
Life Insurance, something we all think about, but do we really need life insurance? How is it involved in Estate Planning? At first thought, life insurance may not seem to have a bearing on how to dispose of your assets…
As you may remember, in 2007, Leona Helmsley, a hotel heiress, left a trust fund of $12 million to take care of a Maltese puppy named Trouble. Pet inheritances have, unfortunately, enjoyed a dubious reputation ever since. The Value of…
Preparing for a successful transfer of wealth to your loved ones begins with a comprehensive estate plan. However, many of us often overlook the crucial part of communicating our estate plan to family and heirs. Even with a thorough and…
Power of attorney is an essential tool when planning, when you may become incapacitated and require a trusted agent to manage your affairs. These legal documents can grant broad authority to one or more power of attorney agents to transact…
Have you thought about what would happen if your beneficiary were to pass? What happens to your inheritance? You may be wondering whether if you leave property to your brother Jim, but he dies before you, would his kids inherit…
Young adults, including 30-year-olds well into their professional careers, all too often think they are too young to concern themselves with estate planning. People in their twenties and thirties typically believe they don't own enough to constitute an estate. However,…
The first drug since 2003 to treat Alzheimer’s patients was just approved by the US Food and Drug Administration (FDA). It was introduced under the trademark Aduhelm™. The drug, Aducanumab, is a therapeutic drug that clinically demonstrates a potential to…
Your letter of intent (LOI) is a valuable piece in your estate planning, and although it is an informal letter, it can more fully represent your intentions after you die. Everyone knows they need to make a will, but this…