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A Power of Attorney Is Not Always Enough
June 3rd, 2016
Everyone should get a general durable power of attorney. Everyone should also realize that they may need to do more than just that to protect their financial interests in the event of incapacitation. A general durable power of attorney is a necessary…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Power of Attorney, Succession, Trust Funding, Weblogs
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Executor Duties and Errors
June 2nd, 2016
The duties of the executor of an estate are well known by industry professionals, but not always well known by the laypersons who are appointed as executors. This leads to those executors making common mistakes that would be easily avoidable had they…
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Baby Boomers' Retirement Mistakes
June 1st, 2016
If you want to leave an inheritance for your children and grandchildren, it is important to make sure that your assets are not all spent in your retirement. That requires good retirement planning. Unfortunately, Baby Boomers are collectively making a…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Power of Attorney, Succession, Taxes, Trust Funding, Weblogs
Making a Family Foundation Work
May 31st, 2016
Family foundations are a great way for members of a family to come together in a joint effort to contribute to society and their communities. If not handled properly, however, they can also be a source of family strife. The latter is avoidable with g…
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Business Estate Planning
May 30th, 2016
Business ownership complicates estate planning, but it does not make it impossible. The more assets you have and the more complex those assets are the more complicated it is to make an effective estate plan. This is especially true if one of your ass…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Family Business, Small Business, Succession, Taxes, Trust Funding, Weblogs, Will
Nursing Home Evictions Increasing
May 27th, 2016
Elder Law advocates claim that nursing homes are increasingly turning to improper evictions to rid themselves of patients they view as undesirable or difficult. Under federal law nursing homes can only evict residents under limited circumstances. How…
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Everything Is Not Always Bad for Estates
May 26th, 2016
Most of the news that people hear or read about estate plans, trusts, wills and probate is negative. In reality most of the time outcomes are positive. Over the years, much has been said and written regarding the tendency of media to focus on negativ…
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Redstone Case over for Now
May 25th, 2016
The much watched legal battle over the competency of Sumner Redstone has reached a conclusion as a judge has dismissed the case. Sumner Redstone is the 92 year old who owns a controlling interest in both CBS and Viacom. For that reason, markets and t…
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Unusual Funerals Trending
May 24th, 2016
A man in the U.K. has unveiled his plans for his coffin. They illustrate the trend of people planning unusual ways for loved ones to remember them. In many places there is a tradition that when someone passes away his friends will have a drink in rem…
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How Prince's Estate Will Fight Paternity Claims
May 23rd, 2016
Given the size of Prince's estate and the lack of a will it is expected that numerous paternity claims will be made against the estate. The estate has a plan to handle the claims. When Prince passed away he apparently did not have a…
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