Aging Care: 6 Tips for Caring for Elderly Parents
You may worry about your older loved ones, especially if you live far away from them. You can, however, take some simple steps to ensure their safety as they age.
Be Prepared to Help Your Family
Unfortunately, substance abuse, homelessness, and mental disabilities are all common occurrences in today’s world. Many families want to assist their family members that are struggling like that, but are unsure how to help, given that money might hurt more than…
Digital Era Estate Planning and What to Avoid
As our lives become increasingly integrated with the Internet of Things (IoT), it is more important than ever to identify and manage the digital property you own. From smart home devices to online investments and bank accounts, we’ve gone way…
Make Memories with Your Personal Possessions
Imagine that your estate plan is complete. In addition to taking care of your home, savings, and investments, it ensures that your family receives valuable estate items in an equitable and efficient manner. Your plan will also protect your legacy from…
Managing Your Wealth in Irrevocable Life Insurance Trusts
Considering that the federal estate tax exemption allowance appears to be at risk of being lowered, you may want to reconsider how you plan to pass wealth to your heirs. Senate Democrats are proposing to lower the current estate tax…
Reasons to Avoid Adding a Child’s Name to Your Bank Account
Although it can be useful to have another party available to help keep track of bills when you’re sick or away, adding a child’s name to a bank account may be more of a hassle than it’s worth. Doing so…
Using Life Insurance to Enhance Your Estate Plan
Your grieving loved ones should not have to inherit assets only to find they are not accessible for cash expenditures they will be responsible for after you pass away. Most retirees’ assets are in homeownership and retirement accounts, requiring a…
Six Estate Planning Mistakes to Avoid
Estate planning ensures your assets, interests, and those you love are protected after you pass. Sadly, many individuals make costly mistakes without proper advice and guidance from a qualified estate planning attorney. Beyond undermining your intent and diminishing your financial…
April is Designated Parkinson’s Awareness Month
Each year in April, the global Parkinson's community engages to support awareness of Parkinson's disease (PD), a disease whose cause remains largely unknown although treatment options exist. The goal of raising awareness can help make lives better for people with…
Considerations in Elderly Parent Care
Aging is something you cannot escape, and it affects all family systems. It can be challenging for adult children to imagine their parents as seniors and to understand and respond to the reality that each parent will age in different…