Although people are willing to voluntarily care for a parent or loved one without any promise of compensation, entering into a caregiver contract (also called personal service or personal care agreement) with a family member can have many benefits. It rewards the family member doing the work. It can help alleviate tension between family members by...
April 16th is National Health Care Decisions Day
Today, we will be celebrating the 14th annual National Healthcare Decisions Day (NHDD)! National Health Care Decisions Day is an initiative that encourages all adults to plan for the possibility of a health crisis of their own, bringing peace of mind for themselves and their families! It is important that health care decisions are done ahead...
CNBC Article: How to get it right when naming an executor and filling other key roles in your estate plan
In addition to deciding who gets what when you die, you have key roles to fill that deserve thoughtful deliberation as part of the estate-planning process, experts say.In addition to choosing an executor — the person who ensures your wishes are carried out and that your estate is settled — it’s wise...
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What’s More Expensive Than an Estate Plan? Regret.
Failing to complete your estate plan may not be among the top 5 lifetime regrets but it can certainly have the same impact.
Estate Planning is one of these tasks that often fall under “discretionary spending,” and because it has the stigma of having to contemplate your own death,...
Kiplinger Article: 6 Estate-Planning Mistakes Celebrities Made
As if dying isn't bad enough, imagine your ex (your no-good, lying, cheating ex!) rolling in all the money you left behind. And, worse, your beloved family fighting it out in court to get what they can. Time to update your estate plan, right?
Indeed, outdated documents, beneficiary blunders and...
Situations that Make Having a Skilled Estate Planning Attorney Essential
In some situations, we can handle matters without calling in a credentialed professional. For example, many, or even most, of us can, prune a hedge, help our young child with homework, or bandage a small cut. Nonetheless, the vast majority of us would have to contact an expert to take down a...
Why 30-Somethings Should Consider Estate Planning
Estate planning, like building a career and deciding where and how you want to live, is a necessary part of sound decision-making and, as such, is taken seriously by young adults. By the time you have reached your thirties, there’s a good chance that you have chosen a career path, found a...
Kiplinger Article: 5 Tips to Start Your Estate Planning Today
No matter your age or financial situation, you need to be financially prepared for the inevitable.
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Estate planning can seem daunting and overwhelming. It may even conjure up negative emotions for some. Perhaps that's why an estimated 64% of Americans don't have a will or any...
Advanced Directives
Though many of us would prefer to avoid it, recent events have increased our awareness of the importance of Advanced Directives, also known as Living Wills.
An Advanced Directive is an expression of your wishes regarding your health care in the instance of incapacity and/or end-of-life decisions. If you...
Taking Care of your Aging Parents
It eventually happens to all of us: in some capacity or another, we find ourselves needing to help our parent’s. Some adult children are more hands on because of proximity and some adult children are long distance and therefore do more coordinating behind the scenes. Whatever your involvement may be, here are...