Planning Tips for the Sandwich Generation, Continued
The last thing anyone wants in an emergency is to run around hysterically searching for important medical and financial information. You should have all of the following information readily available: ...
Planning Tips for the Sandwich Generation, Continued
For adult children raising kids of their own, assuming the role of caregiver for one's parents can be extraordinarily difficult without the help of proper legal documents. We have discussed the importance...
Planning Tips for the Sandwich Generation
The term "sandwich generation" refers to people who are raising their own children while simultaneously trying to care for aging parents. If you are "sandwiched" between these two roles, the stress can...
The Importance of Choosing a Qualified Trustee
A trustee can be one person, multiple people, or what is called a "corporate trustee," such as a bank or trust company staffed by people who manage and grow trust assets. It is essential to choose the...
Protecting Inheritances For and From Your Heirs
Our clients often express concern about protecting the inheritances of their children. Sometimes, parents worry about the security of a child's job and what will happen if he or she loses that job, cannot...
The Biggest Mistakes People Make When Probating an Estate, Continued
In our last post, we discussed some of the mistakes to avoid when settling an estate through probate. Here are some others: ...
The Biggest Mistakes People Make When Probating an Estate
Losing a loved one is difficult enough without the added stress of having to make important financial decisions while grieving. For many people, the duties and responsibilities of probating a loved one's...
Choosing a Guardian for Minor Children
If something terrible happened to you and your spouse, what would become of your children? It's not something anyone wants to think about, but think about it we must. By naming a guardian for your minor...
The Difference Between a Living Will and a Health Care Power of Attorney
Many people are confused about the difference between a living will and a healthcare power of attorney. A living will specifies life prolonging treatments you do or do not want in the event you either...
How to Get the Most out of Retirement: "Stretching and Protecting" Your Wealth
While there may have been a time when people looked to their employers and Social Security to finance their retirement, those days are long gone. The reality today is that to enjoy a comfortable retirement,...