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Sumner Redstone Competency Challenged Again
June 10th, 2016
Only two weeks after Sumner Redstone successfully defended himself against one attempt to declare him incompetent to handle his own affairs another battle over the same issue has begun. The effort by Sumner Redstone's ex-girlfriend to have the m…
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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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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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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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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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Prince Estate Moves Forward with Special Administrator
May 20th, 2016
A Minnesota judge appointed a special administrator to oversee the estate of Prince. For now the musician's siblings and half-siblings all appear to be in agreement, but potential problems loom for the estate. In a short hearing on May 2, 2016,…
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Understanding Alzheimer's Disease
May 18th, 2016
Alzheimer's disease is a frightening thing to think about getting for anyone. Understanding what we know about the disease can help lessen that fear, but one of the most important things to understand about Alzheimer's is what we still do n…
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How Much Are Nursing Home Costs Rising?
May 12th, 2016
The cost of nursing home care continues to rise. Seniors should plan for continued increases. A new study released by the Lincoln Financial Group reveals that on average the cost of semi-private and private nursing home care in the U.S. increased by…
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Family Business Succession
May 9th, 2016
Most family owned businesses fail after the founder passes away. Good planning can prevent yours from being one of them. Sometimes family business operators are aware that after they pass away their businesses will not remain under family control or…
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