It is human nature to avoid difficult discussions, especially when they involve the health and future of our loved ones. However, delaying these talks can inadvertently put your family at risk. Procrastination often leads to making high-stakes decisions during a...
Cognitive decline is a very real part of life for millions of seniors and their families. The Alzheimer’s Association estimates that one-third of seniors will die with some form of dementia, not necessarily as the cause of death, but as a factor that often complicates...
You say you’re thinking of transferring ownership of your home to a family member while you’re still living? That can be an admirable thing to do – provided you take all the tax considerations into account. A poorly planned transfer of ownership can be costly, leaving...
Recent data reveals a startling disconnect between how we expect to age and how we are actually preparing for it. While roughly 7.5 million Americans hold long-term care insurance policies, statistics suggest that approximately 70 percent of us will require some level...
It’s a touchy topic for families: when is it right or wrong to give an unequal inheritance to your heirs in your will? Some would argue that fairness always demands an equal division of assets among your beneficiaries, but is that realistic? Are there scenarios in...
This week on the Blog, we want to include an aspect of estate planning that is often overlooked: family dynamics. Our question: when family tensions run high, can professional mediation help reduce the temperature? Within any family, there are plenty of potential...