The holiday seasons bring additional possibilities for third-party scammers, exploiting the good intentions of people who want to believe they are making a charitable donation to help those less fortunate. Auto call lists that easily identify older victims and the ubiquitous online world of emails, fake mirror websites, disingenuous GoFundMe pages, even postal mail scams […]
A 2021 Wills and Estate Planning Study of 2,400 Americans by Caring.com with YouGov finds that since 2019 the percentage of Americans aged fifty-five and older who have created a will has decreased from 60 to 44 percent. This decrease is as surprising a statistic as the increase of younger adults who now are sixty-three percent more likely
Assembling the right professional team to create your estate plan can provide you with the best advice and legal documentation to protect your legacy for your heirs. Aside from an estate planning attorney, who often specializes in elder law, you may need the services of a certified public accountant (CPA) and possibly even an insurance
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Entrepreneurs share specific characteristics: motivation, creativity, persuasiveness, risk tolerance, versatility, vision, innovation, communication and collaboration, flexibility, and decisiveness. These individuals create new businesses bearing most of the risks and reaping most of the rewards if successful. Because of their innate attributes, an estate planning process can be markedly different from others because entrepreneurs often have
Guardianship of an aging parent means acceptance of significant legal responsibility to act and advocate for their care. The duties include a parent’s daily care, medical care, and possibly financial decisions made on their behalf. Many guardians are family members who were previously caregivers, now cast into a formal legal role. At the same time,