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,...
The Gift That Keeps on Giving: Paying Your Grandchildren’s College Tuition
Paying your grandchildren's (or adult children's) college tuition is one of the greatest gifts you can make. The education lasts a lifetime and opens a world of opportunity for your grandchildren. In a...
How the Portability Provision Can Double Your Exemption From Federal Estate Tax
For legally married couples, the portability provision allows for the transfer of the federal estate tax exemption from the estate of a spouse who passes away to the estate of the surviving spouse. Given...
Moving on—Help for Seniors Relocating to Nursing Homes or Assisted Living Facilities
Moving to a new home is stressful in and of itself. When the move involves a senior relocating to a nursing home or assisted living facility, the situation is considerably more complicated, both emotionally...
With Premiums Rising Dramatically, Should You Keep Your Long-Term Care Insurance?
When clients ask us whether it is right for them, we consider their overall plan and unique situation. Sometimes we recommend long-term care insurance, sometimes we don’t, depending on the client’s...
How to Make Your Retirement Savings Last Longer
For the vast majority of people considering retirement, one question looms above all others: Have I saved enough to make the dream of retirement a reality? Tough question, given that it is impossible to...
A Major Cause of Dementia Has Been Identified and Could Lead to New Treatments
According to researchers at the Krembil Neuroscience Centre in Toronto, Canada, some forms of dementia are the result of many tiny, unnoticed strokes that damage the brain over time. The researchers believe...
Make Sure Your Advance Directives Are Available When They Are Needed Most
As an estate planning and elder law firm, we advise all of our clients about the importance of creating advance directives and keeping them up to date. However, it is equally important to let your love...
Can Lifestyle Changes Prevent Cognitive Decline?
According to a two-year study, healthy eating, brain training, exercise and sound medical management may prevent age-related cognitive decline and, perhaps, dementia. The study sampled 1,260 people, aged...