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Want to add your Elderly Dad as a Co-owner of your Checking Account? You might want to think about it~

I added my 79-year-old father as a co-owner of my checking account, to speed up a one-time cash transfer he was making to me. Would keeping him on the account be a problem? Doing paperwork at the bank is about as fun as going to motor vehicles. I don’t know what would happen, if he fell victim to a scam.

Posted on: October 25, 2019

If My Mom Wants to Give Me Her House, Is It Better to Inherit or Buy It?

It is very common for parents in later years to consider gifting their home or other real estate to their children during their lifetime

Posted on: October 24, 2019

Do you have Kids in College? Are you aware of the Estate Planning Documents they should have?

Here are a few documents that families will need, if parents are to remain involved in the medical and financial affairs of a child who has reached adulthood.

Posted on: October 23, 2019

Have Your Will Done? Be Aware, That’s Not An Estate Plan~

Every adult should have a will in order to determine property distribution after death. However, a will is limited in what it can do. Too often, a will cannot accomplish what you need or even expect it to do.

Posted on: October 22, 2019

Worried about the Future for your Child with Special Needs?

As our children with disabilities grow older, and we ourselves grow older, the future can seem daunting. The future can be overwhelming.

Posted on: October 21, 2019

Do It Yourself Wills Go Wrong–Fast

I want to divide my estate equally among their three children. I’ve mapped out a plan to dispose of my property without any probate whatsoever. I put it together from what I’ve read on the internet. It’s just marvelous what you can learn by Googling things, don’t you think?

Posted on: October 18, 2019

Use A Dynasty Trust to Protect Your Wealth

Movie scenes where a deceased tycoon’s will is read to a roomful of shocked and bitter relatives make for great drama, but drama is the last thing anyone wants, when seeking to preserve an estate for future generations.

Posted on: October 17, 2019

When Should I Start Looking into Long-Term Care?

Healthcare can be a daunting prospect for seniors, namely because health issues can creep up as people age, and because Medicare comes with a lot of hidden costs that seniors aren't well-prepared for. However, if there's one health-related expense that can really catch retirees off-guard, it's none other than long-term care.

Posted on: October 16, 2019

Am I Too Young to Think About Estate Planning?

Many people equate estate planning with older people who have more assets and more to protect. However, that doesn’t mean younger people should ignore the benefits of estate planning. According to Caring.com, only 34% of adults ages 35 to 44 have a will and 18% of adults ages 18 to 34 have one.

Posted on: October 15, 2019

Americans Still Aren’t Planning for The After Life

Seventy-seven percent of respondents in a recent survey said estate and legacy strategies were important for everyone, not just wealthy individuals, yet only 24% said they had taken the basic step of designating beneficiaries for all of their accounts.

Posted on: October 14, 2019