Monthly Archives: August 2012
How to Prepare to Care for Aging Parents
If you are the child of parents who are currently over the age of 65 you’ve probably given a little bit of thought to the day when one (or both) of your parents may need Long Term Care. Understandably, most adult children prefer not to think about the day when their parents may not… Read More »
Share Your Passions As Well As Your Assets
Do you have a hobby that you feel passionate about? Do you love reading and collecting books? Are you a rabid coin or stamp collector? Do you find peace and tranquility out tending your garden? Whatever it is that you love; you can bet the people who love you are aware of it. These… Read More »
When Families Disagree About Elder Care, Try Mediation Before Litigation
Siblings trying to come together to help mom or dad through the aging process will often run into more road blocks than they expect; and quite often these road blocks are internal. Can mom stay home for a few more years, or does she need round the clock help? Should the sister who lives… Read More »
Support for Caregivers of Blended Families
Our firm works frequently to help divorced or remarrying couples update their estate plans to protect their new blended families, so we know just how significantly the stress of divorce, family upheaval, and tighter finances can impact a family, and how those effects can last years into the future. We have seen firsthand how… Read More »
To Tell or Not to Tell About Inheritance; Sharing Your Estate Plan with Your Heirs
Should you talk to your heirs about your estate plan? The subject of inheritance is one that most people studiously avoid for a number of different reasons: superstition, fear, lack of knowledge, or a desire for secrecy. Many adults were raised to believe that money was a private affair, and that talking about it… Read More »
Family Caregivers Search for Resources and Support
As people in the U.S. continue to live longer, and as our aging population grows, more and more adult children are finding themselves straying from their own goals and career paths in order to provide caregiving services to elderly parents or grandparents. It should come as no surprise to our readers that, according to… Read More »
An Advance Healthcare Directive Can Make a Difficult Conversation a Little Bit Easier
Does your family know your preferences for end-of-life care in case of emergency? Are you sure? If you haven’t created an Advance Healthcare Directive or spoken to your loved ones specifically about this issue, then chances are they don’t know your wishes, no matter how close you believe you are. Our firm understands that… Read More »
Finding A Trustworthy In-Home Caregiver May Not Be As Easy As It Sounds
As American seniors age and find that they need more and more help with daily tasks, many of our parents and grandparents are choosing NOT to go into nursing or retirement homes, opting instead to age at home with the help of in-home care. Of course, deciding that you want to age at home… Read More »
Tax Law Allows Married Couples to Reduce Their Estate Taxes
Married couples take note: Congress passed a law in 2010 that can significantly reduce the amount your estate pays in estate taxes. Unfortunately, most couples are either completely unaware of this opportunity for savings, or they find out about it too late to take advantage of it. This recent article in the Wall Street… Read More »
Who Do You Trust To Administer Your Estate?
For many people the hardest part of creating an estate plan isn’t deciding what to leave to their heirs, but deciding who they trust enough with the difficult job of administering their estate. The job of administrator requires a rare and unique combination of talents, and finding one person with all of these traits… Read More »