Powers of Attorney and Becoming an Adult
When your child turns 18 (in most states), it might be hard to imagine that little child who once needed you for everything has now become – overnight – an adult. Now your child is free to vote, marry, apply…
What to Know About Airline Travel During COVID-19
Americans are becoming more apt to travel by plane as new and better protocols addressing safety in the prevention of coronavirus transmission are put into place. Airports, airline personnel, and TSA agents are handling a huge increase in the number…
Why a Child’s Name Should not be Part of Your Bank Account
A child’s name to a bank account may be more of a hassle than it’s worth, although it can be useful to have another party available to keep track of bills when you’re sick or away. Doing so may have…
How to Establish Family Caregiving During Coronavirus
During the pandemic, family systems with loved ones who are most vulnerable and require caregiving face unforeseen challenges. Family caregivers that use to aid their family directly, now find themselves learning how to be long-distance providers during this pandemic. US…
What You Need to Know About the SECURE Act of 2020
The President signed the SECURE Act into law on December 20, and its effective date is January 1, 2020. Congress has passed a bipartisan appropriations bill. In the contents of this spending bill is a piece of legislation known as…
Understanding the Added Risks of Property Co-ownership
Although owning a property with family may lead to avoiding probate, there are several risks, including taxes, creditor exposure, and loss of control. So when dealing with property, it is important to consider these risks and how to manage them,…
Addressing Alzheimer’s Disease in Your Legal Plan
What can you do if you are medically diagnosed with Alzheimer's? Aside from following the advice of your medical doctor an important step in your overall estate plan is an advanced directive to ensure your future wishes are met when…
American’s Gray Divorces Are Damaging Their Finances
Gray divorce is becoming more common for Americans aged 50 or more. The term gray divorce generally refers to the baby boomer generation and affects all classes and education levels. Research shows that splitting during middle age is particularly damaging…
A Guide for Your Letter of Instruction
Your estate plan can benefit from including a letter of instruction. It is an informal document that will give your loved ones important information about personal and financial matters after your death. Letters of instruction are not legally binding and…
More than Transfer Your Assets: What a Will Can Do For You
Care.com’s annual estate planning survey for 2019 found that 57% of U.S. adults do not have a Last Will & Testament (a “Will”). The survey found that participants were more likely or less likely to have a Will depending on…