For many of our clients, the largest asset they own is their retirement account at the time of their death. This is so because retirement plan distributions are taxed when you take it out, so it is often the last money that is spent. So at death, it is often the largest asset our Continue reading
Category: Seniors
The Importance of Family Caregivers
The role of the family caregiver is increasingly important in hospice and palliative care, as they are often the ones who provide most of the support to their loved ones during this difficult time. There are many things caregivers can do to help make their loved one’s final days more Continue reading
3 Reasons to Update Your Estate Plan
You’ve worked hard to build your wealth and a strong estate plan is a great way to ensure that the people you love are taken care of after you pass. Even if you have taken the time to create an estate plan, it is important to note that trusts and wills should be updated throughout Continue reading
Visiting Elderly Relatives During The Holidays
During the holiday season, many families have a chance to interact with elderly loved ones who may be in need of medical treatment or care. Resistance to care among the elderly is a common challenge faced by children and other family members. This can be a result of reasons such as Continue reading
Life Insurance and Seniors
Do you have life insurance? Do you know how much it will cover? If not, then you’re not alone. Many seniors are unaware of the coverage that their life insurance policy provides or are uninformed about how to calculate what they need. The good news is that there’s no better time than Continue reading
What Is a Living Trust? Top 5 Benefits
A living trust is an estate planning document that allows people to manage their wealth and property while they’re alive, during any period of disability and after they die.
This type of trust is called “revocable” because it can be changed or canceled any time you want. You set up Continue reading
Life Changes Determine Need For Updates To Estate Planning
An experienced estate planning attorney will be able to help you determine if your will, trusts or other estate plan documents should be updated to reflect the life changes in your personal situation. An estate plan can help organize your affairs so that your loved ones will have Continue reading
3 Important Steps to Protect Yourself and Others When Healthcare Issues Arise
Family care of elderly parents is not an easy topic. When does the adult child’s duty shift to include caregiver roles? When do adult children feel compelled to “take a step in” and assume active roles in managing their parents’ affairs? With the right planning, it can be done successfully Continue reading
November is National Alzheimer’s Disease Awareness Month
November is National Alzheimer’s Disease Awareness Month, bringing attention to a disease that one in eight people age 65 and older have. This number is set to increase as the population ages. The disease destroys brain cells, making it impossible for those who have been diagnosed Continue reading
What Will Happen To Your Estate After You Die?
Have you ever wondered what will happen to your estate after you die? If so, then this blog post is for you. Many people put off creating a will or a living trust because they don’t want to think about their own death. The majority of Americans die without a plan and that can complicate Continue reading