Transfer of Generational Wealth This financial time is unprecedented in human history. Baby boomers preparing to pass on their legacies through estate plans put America at the brink of the largest ever transfer of wealth. Over the next 25 years, projections estimate 68.4 trillion dollars will be in motion to create an unprecedented transfer of generational wealth. […]
Lifetime Planning for Special Needs Children Special needs children present a unique challenge in regards to estate planning. Optimizing your estate to use, enhance, and enrich assets for your special needs child while maintaining their enrollment in public benefits programs requires careful planning. An estate planning attorney can prepare a special needs trust and help […]
Grieving loved ones should not need to inherit assets only to find they are not accessible for cash expenditures they will be responsible for after you pass away. Most retirees’ assets are in homeownership and retirement accounts, requiring a sale to get cash. Life insurance can provide the liquidity needed when managing and distributing your […]
Importance of the Month of April In the month of April each year, the global Parkinson’s community engages to support awareness of Parkinson’s disease (PD), a disease whose cause remains largely unknown although treatment options exist. The goal of raising awareness can help make lives better for people with Parkinson’s disease. It generates ideas to […]
To age well and securely in America is expensive on every level. The financial toll for millions of the elderly and those families who do their best to care for and support them. Long-term care facilities and retirement communities cost staggering amounts of money, as do the high costs of premiums to maintain a long-term […]
Living situations for aging Americans are decidedly leaning towards aging in place. Nearly all older adults prefer to age in the comfort of their long time homes and familiar community surroundings. Aging in place often means living alone. Pew Research findings show that older people are more likely to live alone in the United States […]
When it comes to deciding how to leave property to your children, the common choice is to divide assets into equal shares. That is the straightforward choice when all your children are doing equally well. But if not – if, for example, your son is a starving artist with mouths to feed and your childless […]
Aging in place continues to increase in popularity, but what should you do when you notice an older loved one is having trouble living safely at home? Troublesome signs like a dirty home in poor repair, unpaid bills, piles of mail, and food out of date or spoiled in the kitchen, poor personal hygiene, and […]
Frequently, guardianship brings to mind images of a minor child in the care of a designated adult family member or friend. However, you can employ the process to obtain legal rights over elderly or aging adults, usually parents, who are losing their physical and mental health capacities. While the process is similar, there are some […]
COVID has become more than just an illness. It is now a political statement, with both sides of the vaccine issue so polarized that they cannot see the other’s point of view. Parents who reside together usually agree on whether the children should get the “jab.” If they don’t, one usually gives in to the […]
