We can all come up with reasons to procrastinate and avoid doing what we should. However, there are many reasons to avoid procrastination when it comes to estate planning. Here are five of them: 1. Reduce estate tax and income tax Proper estate planning can reduce estate and income taxes for both you and your […]
Smart People Do Estate Planning
Anyone who may die or become incapacitated (in other words all of us) needs to plan their affairs. But, who actually does it? The American Association of Retired Persons conducted a survey in April 2000 of people aged fifty and over on that very topic. It found that sixty percent had at least a will, […]
Is your existing estate plan obsolete?
The President’s bout with COVID-19 demonstrates the importance of keeping planning current. A Health Care Power of Attorney appoints someone to make decisions for you if you’re not able to do so for yourself. An Advance Directive expresses your wishes regarding end-of-life decisions.
My Dad always told me to “make the best of a bad situation”
COVID-19, the novel coronavirus, has been a challenge confronting countries around the world. Not only has COVID-19 been challenging healthcare systems, but the social distancing required to combat the virus has also rocked financial markets. However, there may be an opportunity for those wishing to do certain types of Estate Planning. Read on to learn more.
Five conversations to have with your parents and elders during the pandemic
In the middle of a crisis, there are several important conversations to have with your parents and loved ones over 60 sooner rather than later. A colleague of mine in the American Academy of Estate Planning Attorneys just had an article published on this topic, titled the Five Conversations to Have with Parents and Elders […]
How Will You Age in Place and Be Able to Die at Home?
More and more, Americans are choosing to be cared for and are dying in their own homes. If you wish to be cared for and die in your own home, it’s especially important to have a plan in place to facilitate that choice. Read on to learn more.
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