What if the joy of the holiday season doesn’t quite measure up to what we had hoped? It seems almost inevitable that connecting with family can run into disagreements. Over the years things have changed from what they once were – or the change you hoped for still hasn’t happened yet. The holidays are an […]
Many parents are uncomfortable talking to their kids about their wealth. Talking about how much money or property you have is usually viewed as taboo. Asking someone else about what they have is often considered impolite. But failing to talking to kids about their inheritance could leave them unprepared to handle even a modest amount,
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You often hear the terms used interchangeably; however, there are significant differences between elder law and estate planning. While some overlap exists between the two, learning and implementing strategies from both law practice types is crucial to prepare for successful aging life care planning and preserving a family legacy. Estate planning lets families: Name guardians for minor children
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Changing family structures are evolving the practice of estate planning. As recently as thirty years ago, a traditional family comprised a husband and wife who married young, purchased a home, had children, and worked toward financial stability and security. In 1949, 79.8 percent of American households were married couples, but in 2021 that number declined
Most older adults acknowledge that estate planning is essential. Yet, nearly half of Americans age 55 or more do not have a will, and even fewer have designated powers of attorney, a living will, or health care directives. These documents help guide your representatives to provide the end-of-life wishes you seek. Estate planning also reduces