It is difficult to consider more than just your grief after losing a spouse or a long-term partner, but you need to understand that important and timely decisions need to be made regarding your finances and personal estate plans. In truth,…
You may be wondering what will happen to your inheritance if your beneficiary is no longer alive, for example, if Jim dies before you, would his children inherit the property? The answer is, only if your will explicitly states as much.…
The number of people suffering from substance abuse, living on the streets, or suffering from a mental disability is on the rise. Many families want to assist family members struggling like that, but families are unsure how to offer that assistance,…
As their executor or personal representative, someone chose you because they believed you would be trustworthy to manage their assets and affairs after their passing. Even though the decedent nominated you to be their executor, you will still need to…
A person spends half of his or her adult life trying to achieve financial security, and the other half trying to maintain it. This adage is why many people spend substantial time and effort maximizing their legacy goals in their estate…
When divorce occurs (especially if there are children involved), it can be emotionally difficult and financially challenging. Rarely is the division of assets an amicable process. While your estate plan may be the furthest thing from your mind during a…
FDA has approved AduhelmTM under the trademark for the first time since 2003 for treating Alzheimer’s. The drug, Aducanumab, is a therapeutic drug that clinically demonstrates a potential to delay further decline from Alzheimer’s disease and is also the first…
Even though it is sobering to talk about your mortality with your family, it is prudent to do so. No one relishes the thought of their demise, and yet with forethought, you can ensure that your estate plan and your…
According to the American Bar Association (ABA), probate is the process of giving formal recognition to a will and delegating the responsibility for administering the estate to intended beneficiaries. Navigating the probate process will vary according to state law. Therefore,…
Human history has never witnessed a financial period like this. Baby boomers preparing to pass on their legacies through estate plans put America at the brink of the largest ever transfer of wealth. Over the next 25 years, projections estimate 68.4 trillion…