How Technology Can Enable Loved Ones to Age in Place
Did you know that, when used appropriately, the right technology can make it easier for seniors to be able to engage with others and remain healthy and safe in their independent living situation? The technologies discussed below might help your loved one. Discuss the...
Tips on Helping a Loved One Deal with Memory Loss
When a loved one begins to exhibit signs of memory loss, it can cause a panic to move through family members, questioning if their loved one is safe to live on his or her own. Wondering what you can do to help your loved one deal with memory loss? Let us go over some...
Potential Tax Changes that Could Impact your Estate Planning
Did you know that President Biden campaigned on a promise to lower the estate tax exemption limit, and to consider abolishing the step-up in basis for capital gains tax? While it can be difficult to predict when these matters will be addressed by the Biden...
Four Reasons Why You Should Prioritize The Creation Of An Estate Plan
Did you know that, according to a 2020 survey, less than one-third of Americans have an estate plan in place even though almost two-thirds of Americans recognize that having an estate plan is important? The same survey reveals that the primary reason why people do not...
Will Children Need to Pay a Parent’s Nursing Home Bill?
Have you considered moving your parent to a nursing home? This is a decision that rarely comes easily. Oftentimes, it begins with adult children noticing mental or physical decline in a parent. This may be followed by a series of difficult discussions with the parent...
When to Use an Irrevocable Trust and a Revocable Trust?
Did you know that there are many different types of trusts that can be used in estate planning? The type of trust that you need can depend on your goals, the nature of your assets, and the nature of the beneficiaries. With a revocable trust, the trust can be changed...
Choosing a Local Estate Planning Attorney
Does choosing a local estate planning attorney who can help you create an estate plan seem like an overwhelming task. With these tips, it can be easy to narrow your choices to a few qualified attorneys. Let us discuss a list of four resources for finding an estate...
Three Benefits to Using a 529 Plan as an Estate Planning Tool
Did you know that a 529 Plan may be more than just a college savings plan? It can be a useful asset for estate planning. Let us discuss three benefits to using a 529 plan as an estate planning tool. Tax-free gifts. A 529 plan allows you to give money to beneficiaries...
What to Do When Family Caregivers are Not Enough
Sometimes, despite our best efforts, family caregivers are not enough. Family caregivers, often tirelessly, dedicate themselves to taking care of elderly relatives. An elderly loved one, however, may develop care needs that exceed the abilities of a family caregiver....
How to Use a 529 Savings Plans as an Estate Planning Tool
Most people invest in 529 Savings Plans in order to provide a college education for their children. Have you heard, however, that these plans can be an excellent estate planning tool as well? 529 Savings Plans offer a broad list of qualified expenses they will cover,...