The coronavirus pandemic has directed our attention to a variety of issues such as hand washing and social distancing, but with many elderly individuals not leaving their residences it is important that we are making sure they receive the care they need.
Category Archives: Financial Planning
These Are Very Strange Times
Regardless of when you were born, there are world-wide events that you know influenced you in some way. It may have been because you were a child watching your parents go through it, regardless, you remember it.
Estate Planning During the Coronavirus Pandemic
Facing mortality and the difficult conversations that come with it are obstacles we deal with every day as we help our clients build their life plan. However, in this case, coronavirus presents a more imminent threat—one that can’t be swept under the rug.
Do You Need A Trust?
The Top 10 Reasons Why You Should Consider a Trust - Keep in mind there are many different types of Trusts, one size does not fit all, and if this is something you’re considering, it’s best to schedule a consultation to find out what is best for you and your situation.
Estate Planning: What You Need to Know
Estate planning rarely gets the attention it should get. Are you saving for your children’s education, purchasing a second home, or thinking about when and how to retire? These are all topics that people talk about with their friends and their financial advisers but deciding what happens to your remaining assets when you die is […]
Estate Planning Advice for Women
No matter what your age or how much money you have, consider getting these items into place: A financial power of attorney, naming the person who will make money decisions for you if you can’t A health-care power of attorney, naming the person who will make health-care decisions for you if you can’t A living […]
Longer Lives Provide Us with an Opportunity to Redesign the Way We Live
Maybe it’s time to get serious about a major “redesign of life.” Thirty years were added to average life expectancy in the 20th century, and rather than imagine the scores of ways we could use these years to improve our quality of life, many just have a longer ‘elderly’ life. As a result, many are […]
Long-term Care is an Expense Down the Road for Many Retirees
According to a recent article from CNBC one of the great dilemmas facing most retirees is paying for the costs of long-term care. As the CNBC article, written by reporter Sarah O’Brien, points out, part of what makes this such a troubling issue for today’s seniors is that no one can say for certain who […]
When An Estate Planning Attorney Can Help
Let’s say your mother has a trust that includes stocks that were your father’s. Possibly the stocks started as an employee purchase and were touched only two or three times over the years. Your mother receives a quarterly dividend from the stock, typically half in cash and half to the stock growth. So, what would the tax consequences be if this stock is left upon her death to be split among her three surviving children? Would it be better to start cashing the stock before she passes and put it in a trust account for her needs?