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Who Said Estate Planning Can’t Be Fun? 5 Weird but True Facts About Estate Planning
Estate planning isn’t the first topic that comes to mind when you think of fun conversation starters and yet it turns out this apparently mundane subject is full of weird but true facts. However surprising, this makes sense when you consider that the oldest known...
Moving Out of State? You May Need to Revise Your Estate Plan.
Approximately 3 million Americans move to another state each year, while last year alone the number was 4.7 million. Given the stress and myriad changes that come with such a move, it’s not surprising that many people forget to review their estate plans. However,...
Looking Forward to Your Golden Years: How to Choose the Right Retirement Home or Long Term Care to Fit Your Needs
A person turning 65 today has a nearly 70% chance of needing some form of long term care during their golden years. Women, on average, will require 3.7 years of care while men, who statistically live shorter lives, will require 2.2 years. In 2020, the cost of long...
An A-Z Estate Planning Dictionary: Understanding the Lingo is the First Step
There is a growing push for the use of plain legal language in the field of law. Clients are increasingly put off by impenetrable legalese and the ever more global nature of our world demands ever more accessible uses of language. While needed changes are beginning to...
A New Treatment for Alzheimer’s Disease and the Controversy Surrounding It
The Food and Drug Administration (FDA) has approved a drug purported to slow the progress of Alzheimer’s disease. However, the decision is not without controversy. A recent article by AARP explores this subject in some detail. Here is a synopsis. The drug, Aducanumab...
It’s Not Just About Bitcoin; Everyone has Digital Assets They Need to Consider in Their Estate Plan
If you’re reading this, you have digital assets. Anyone with a computer attached to the internet conducts a portion of their life online. This means that whether through email, online banking, social media, investing, or buying real estate in the Metaverse, you own...
Starting Off on The Right Foot with a Solid Business Succession Plan
Succession planning rarely tops the list of a business owner’s priorities. After all, managing daily tasks and making it to month’s end doesn’t often leave time for issues that aren’t of immediate concern. Here’s the thing, though: a succession plan is of immediate...
What is the Medicaid Look-Back Period?
Medicaid can pay for the long-term institutional care of individuals who meet certain income and asset requirements. However, if the applicant’s assets and income exceed these limits, he or she may not qualify for Medicaid assistance until the limits are met. Given...
The Most Thoughtful Gift: Medical & Financial Safety for Your Newly 18-Year-Old Children
With the holiday season in full swing and with Christmas right around the corner, the pressure of finding that perfect gift for loved ones is growing. While an estate plan might not make your newly 18-year-old child light up like the newest version iPhone, the...
How to Talk to Your Parents About Estate Planning
As fall ticks over into winter and Christmas music begins to dominate the airwaves many folks are looking forward to finally sharing holiday time with family. Last year many gatherings were put off or limited to small groups out of necessary precaution and so this...
The Goals and Benefits of a Spendthrift Trust
Typically used to prevent a beneficiary from receiving his or her inheritance all at once is known as a spendthrift trust. A grantor, the person who creates the trust, may want to consider this approach for several reasons. The most apparent reason is that the grantor...
Breaking the Stereotype: Why Estate Planning is for Everyone and it’s Not as Daunting as it Seems
You can trust an estate planning attorney to tell you that everyone needs an estate plan but the fact is it’s true. Every adult needs to organize their affairs and it’s not just a shame but a real danger that more folks aren’t aware of this. Why? Because an estate...
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