Hello All,
I wanted to share this story that deeply resonated with our team today from The New York Times Daily Podcast.
https://www.nytimes.com/2021/09/14/podcasts/the-daily/nursing-homes-antipsychotics.html "A Hidden Shame in Nursing Homes" - New York Times Daily PodcastHello all:
What an eventful two weeks it has been. Many of us are now working remotely, trying to homeschool kids, or dealing with the social, emotional and financial difficulties created by our new virtual way of life. Some of you are providing...
A last will and testament allows you to designate how your assets will be dispersed after you pass away. A living will is put in place before your death and has no bearing on what happens after your death. Moreover, a living will allows you to determine what steps will be taken to...
Your retirement years, ideally, should be spent free of concern about your financial health or potential threats against your assets. Elder abuse is a particularly difficult problem for seniors who have worked hard and created a relatively comfortable nest egg. Many are vulnerable to fraud and other financial abuse at the hands...
Taxes are a part of life. They are also a part of death. And frustratingly, if we’re not careful in life, we can pass them on to our loved ones in death through inheritance taxes!
Inheritance taxes must be paid for all gifts received as part of an inheritance or trust. The amount of...
For most of us, planning for what happens to our possessions after we leave this earth is not a top priority. At least this would be the impression you might take away from the fact that 6 in 10 American adults have never taken the time to create a will or...
Worldwide, every hour, 6,316 people pass away. Death is not something we like to think about, but it is a certainty in all our lives. We don’t get to choose when our time on this world ends. One minute you’re there, and the next, someone has to carry on without you.
How can you help...
58% of Baby Boomers (ages 53-71,) and 81% of those 72 or older have a living will or trust. They already see how smart it is to begin planning for the fact they will not be around forever. Likely this planning is tinged with years of...
What happens to all your belongings when you die? Where will your finances go? Who will be in charge of carrying out your last wishes, and who will take care of you before you pass away?
Estate planning IS a gift. Consider, you have already taken the effort and invested significant time...
Trusts are valuable tools if you want to ensure your children or other relatives receive their share of your estate.
Trusts can be independent from a last will and testament but often work hand-in-hand with them.
Often, trusts are used to ensure that children or grandchildren have the funds they need to go...
