It costs a lot to miss out on discussing your adult children’s inheritance with them. Managing their expectations as they make their financial plans and knowing their general inheritance situation will help them make better decisions. These are practical matters…
Pets are one of the greatest joys and comforts in a person’s life, and they are likely considered to be important members of the family. Since you love them, you give them the best life you can. But what if…
Planning for our end-of-life is a difficult topic. Most of us don’t like to think about or discuss it. Without planning, we will have fewer options, and things may not go as well as we would like. You may wish…
It is common for people to communicate their wants and needs, but some people lose this ability as they age, become injured, or become ill. When this happens, they need someone they trust to advocate for them. You can prepare…
Assets or wealth are transferred from one person or entity to another via wealth transfer. The transfer can happen either during your lifetime or after your death. Wealth transfer strategies use various methods to create the most tax-efficient and effective…
As technology advances, aging Americans are able to live in their homes longer and with more safety thanks to self-monitored medical devices, telehealth, and smart homes. Elder law and at-home medical technology uses can intersect in several ways. Whether you…
Americans will continue to experience inflationary highs well into 2023 and beyond without significant course corrections. Bankrate’s Third-Quarter Economic Indicator poll projects inflation will be more significant than previous expectations over the coming twelve to eighteen months. Even in the best…
We are living longer than previous generations, so many of us are going to need long-term care as we age. It’s estimated that seven out of ten Americans will need long-term care during their lives. Long-term care can include care…
There are some overlaps between estate planning and elder law, but both are equally important to protect yourself and your family. The two terms tend to go hand in hand, but there are some differences. The biggest difference is that elder…
It is likely that your most valuable asset is your home, which is true for many of us. You may want your children to inherit the value of your home when you pass away. However, you may also be concerned…