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August 28, 2017
Sometimes, we are our own worst enemy. Parents worry that about have minors receive an inheritance and think that giving the money to adult, such as an aunt or uncle, to manage for the child, is the solution. Wrong! It just creates problems. Here is the most recent scenario: a […]
August 15, 2017
If you know what your parents' wishes are when they are hospitalized, you will experience a lot less stress. I had a client call me to get support when his father was hospitalized unexpectedly. His Read More...
August 15, 2017
As you probably know, Congress avoided the so-called fiscal cliff by passing – at the 11th hour – the American Taxpayer Relief Act of 2012 (the 2012 Tax Act), signed into law by the President on January 2, 2013. The 2012 Tax Act makes several important revisions to the tax Read More...
August 15, 2017
Recently, a couple consulted with me with the primary initial concern to make sure they had living wills that would work. The husband shared his personal story of his harrowing experience where hospice would not honor his mother’s wishes in her living will. She had filled out a form on Read More...
August 15, 2017
I see this happen and really believe it probably is not what Dad thought would happen. Dad worked hard all his life and had a sizable IRA. For ease, let’s say it was $500,000. Dad was married to Mom and had You, his only child. When Mom passed away, Dad was Read More...
August 15, 2017
If you want to avoid fighting in the family after you die, the clearer you make your intentions known, the better. I worked with a family in which two of the kids had sued the brother over the inheritance. After their mother died, the dad wrote his will and used Read More...
August 15, 2017
Lone Wolf by Jodi Picoult What happens when a living will and healthcare power of attorney are years old? What happens when the named agent is estranged at the time that the person becomes incapacitated? This book deals with both of these circumstances. , While fiction, it engages you about Read More...
August 15, 2017
It is really common for clients to tell me that they don’t need life insurance or to say the they have enough. When asked what is enough, they start to hesitate. For good reason! You need to know what life insurance is insuring before you can state blithely that what Read More...