Financial experts agree that waiting to talk finance with your aging parent, who may already be in cognitive decline, is a mistake. It will take time to gather all the information you need for a complete financial assessment of their aging needs. Asking these questions while your parents are younger, even still working, is the […]
The drama, the cost, the lost time, the broken relationships – there are so many ways that family feuds and estate planning during end-of-life care for a parent and inheritance can have serious repercussions when these problems reach the status of a legal filing and court case. You can take steps moving beyond the possibility
What is Farm Succession Planning? Suppose that mother and dad have run the family farm for a long time. Now, though, they’re getting on in years and they’re considering moving into a smaller place. One of the daughters and her husband help run the farm, but the rest of the siblings have moved away and
I bet you’re wondering what an Elder Law Attorney can do for You. The senior citizen population of the United States is increasing rapidly as the baby boomer generation ages, and the influx of international migration continues. Although the US average life expectancy has seen a slight decline, many Americans, men, and women live well
Successfully addressing and legally formalizing inheritance of family values and assets can be challenging, especially if parents wait too long to begin instilling family values. Undoubtedly the best time to teach and empower your children as eventual inheritors of your family legacy is during childhood, then continuing throughout adulthood. Waiting until your later stages to
Passing on Family Values as Part of an Inheritance Read More »