Creating a comprehensive estate plan is the first step in preparing a successful transfer of wealth to your loved ones. However, many of us often overlook the crucial part of communicating our estate plan to family and heirs. Even with…
Tax law changes are poised to have a significant impact on some of the more commonwealth transfer strategies for estates. While new details emerge on changes being made, it is critical to understand how these possible tax changes may affect…
In the event of a spouse's death, the widow(er) is presented with a complex financial situation with a lot of questions. In many cases, it is one spouse who handles family tax and estate plans, so the widow(er) may be…
It is critical to store your will, living wills, powers of attorney, trusts, medical directives, financial information, and any other estate planning documents securely. It also needs to be stored somewhere your survivors can easily access. Other information that should…
Discussing your mortality openly and honestly with family can be sobering, but sensible. No one enjoys thinking of death, and yet with forethought, you can ensure that your estate plan and your healthcare arrangements best reflect your wishes. It is…
A 2021 Wills and Estate Planning Study of 2,400 Americans by Caring.com with YouGov finds that since 2019 there has been a drop in the rate of Americans over fifty-five who have created a will from sixty percent to forty-four…
Broaching the subject of estate planning with our parents can seem daunting to most of us. Despite the challenging subject, it is one of the most important conversations we can have with our parents. Having a thorough estate plan in…
Are you experiencing the struggle of simultaneously caring for children and aging parents? Welcome to the sandwich generation. Although generation is part of the phrase, it does not refer to people born at a specific time. Typically, these "sandwich" family…
Lost money, time, and relationships – family disputes about end-of-life care for a parent and inheritance can lead to serious legal repercussions. You can take steps moving beyond the possibility this might happen and create (or amend) your estate plan…
As we age or become ill, we are especially vulnerable to manipulation from those who seek to defraud or steal. Targeted attacks on susceptible older people to exert what attorneys regard as "undue influence" constitutes elder abuse. It disrupts the…
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