It can be difficult and emotionally draining to contemplate financial matters and make long-term life decisions via estate planning. However, it is crucial to wisely manage your assets while aging and provide for the family members who will survive you. Your…
Can you make your own healthcare decisions if you become seriously ill or accidentally injured? You don’t have to be old to become incapacitated. A living will, a component of an advance health care directive can outline your wishes so that…
It is inevitable that siblings will compete in most families. Depending on how your family interacts and how their dynamics are, old rivalries can become more significant when a parent passes away. Adult children who are emotionally upset and in the…
In their golden years, baby boomers will require more care. Some may be able to get the care they need at home from a family member or in the form of hired help. Many will need to move into long-term care…
As we grow older, simple things we used to take for granted as children become increasingly difficult and expensive. That’s a truth all of us know. What you may not realize is that the aging middle class will face unique…
After multiple waves of the Coronavirus, we are ready to see this epidemic come to an end. Unfortunately, the possibility of contracting COVID-19 remains a reality. Last year, the Biden Administration put in place the National COVID-19 Preparedness Plan to…
A living will describes medical preferences that will be followed if you are incapacitated and are unable to decide for yourself. Incapacity can happen for many reasons, including an accident, an illness rendering you too sick to communicate, dementia, anesthesia,…
The federal estate tax law and the generations skipping tax (GST) exemptions are complex and ever-changing, and you may need to update your estate plan annually to adapt. On the first day of 2026, the federal tax assessment on estates…
The estate planning of children with special needs presents a unique challenge. Optimizing your estate to use, enhance, and enrich assets for your special needs child while maintaining their enrollment in public benefits programs requires careful planning. An estate planning…
It is the responsibility of a personal representative (executor) to publish a public record of the date of death of a testator, usually in a local newspaper. In part, this information serves as notice to creditors if the decedent has…