Most parents choose to treat their children equally when it comes to inheriting property or money. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be…
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…
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…
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…
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…
Say your spouse is living in a nursing home because of advanced Parkinson’s. Your spouse is currently receiving Medicaid benefits to pay for the high cost of that care. If you were to pass before your spouse, you wouldn’t want…
Unfortunately, the elderly can be prime targets for financial abuse and scams not only by strangers but sometimes even by their own family members. That’s why it’s important that planning is in place to help seniors protect themselves and their…
Sometimes family members can get into heated arguments over mom or dad’s favorite items when that parent dies over simple items like coffee mugs to bigger items like family heirlooms. These types of arguments can be eliminated by filling out…