Majority of Adult Children Cannot Support Boomer Parents, Surveys Find
A recent survey finds that 55 percent of adult children say they are not financially prepared to help their Baby Boomer parents cope with rising inflation and living expenses.
No Will? You’re Putting Your Kids at Risk
As the recent death of Anne Heche shows us, not having a will can place a significant burden on your children and cause undesirable complications.
5 Smart Estate Planning Strategies for High-Net-Worth Families
If you are a high-net-worth individual, it’s essential to have a comprehensive estate plan in place. However, every family’s circumstances are unique, and there is no one-size-fits-all solution for estate planning
Thanks to All for Support in Walk to End Alzheimer’s
It was a blustery day on Sunday, October 3rd when we gathered to participate in the annual Walk to End Alzheimer’s. Thanks to our clients, colleagues, friends and staff for being part of our efforts on behalf of the 2022 Walk to End Alzheimer’s. If you missed it, look for our activity next year.…
What Is the Difference Between a Springing and Non-Springing Power of Attorney?
You may have heard of the terms “springing” and “non-springing” power of attorney and wonder what they mean.
What Are Medicaid Asset Protection Trusts?
When you put your assets in a MAPT, Medicaid will not count the money in the trust toward its resource limit.
What Is a Life Estate?
A life estate often comes up in discussions of estate and Medicaid planning. It is a form of joint ownership that allows one person to remain in a house until his or her death, when it passes to the other owner.
Can a Nursing Home Hold Friends or Family Members Responsible For a Resident’s Care?
If your loved one is entering a nursing home, you may worry whether you could be liable for their care.
Four Provisions People Often Forget to Include in Their Estate Plan
Even if you’ve created an estate plan, are you sure you included everything you need to? There are certain provisions that people often forget to put in in a will or estate plan that can have a big impact later on.
Plan Ahead Before Seeking Nursing Home Care: Avoid Unnecessary Debt for You and Your Family
Unfortunately, neither health insurance nor Medicare covers long-term care. Medicaid could become your only option, so do what you can to plan ahead.