New Year’s Resolution 2: The Coma/Dementia Risk

Much of the asset-protection planning I do involves what happens when someone dies.  For example, you create a last will and testament.  But a lot of bad things can happen to us before we die.   You might be in a car accident and lose your mental faculties.  Or develop mental conditions like dementia . . . → Read More: New Year’s Resolution 2: The Coma/Dementia Risk

New Year’s Resolution 1: Protecting Your Home from Nursing Home Costs

It’s a new year, and we want to help you take easy steps to protect your hard-earned assets.  Over the next week or so, we’ll be proposing a series of mini-resolutions that you can easily put into effect right now to protect your family.

Problem:  If you are approaching retirement age, you should know . . . → Read More: New Year’s Resolution 1: Protecting Your Home from Nursing Home Costs

Having the

As families gather together for the upcoming holidays and consider what to give each other, one invaluable gift is often overlooked.   It is a loving and open conversation about the future, in which family members discuss sensitive issues about how the family plans to face the aging, illness, and mortality of its members.

Families . . . → Read More: Having the “Conversation” is a priceless holiday gift

Planning protects you from the Four "D"s

We live in a society that increasingly places us at high financial risk. The statistics are eye-opening.

Forty percent of first marriages end in divorce, as do 60 percent of second marriages. We continue to pile up enormous consumer debt, unable to repay about $22.5 billion of it. We spend about $310 billion a . . . → Read More: Planning protects you from the Four “D”s

Before your kids go off to college, get these legal documents in place

For college-bound freshmen and their parents, this is an exciting summer, full of anticipation.  The kids are becoming adults, and are ready and eager to take responsibility for their own lives.

Amid all this excitement, it is easy for parents to forget that they are no longer the natural legal guardians of their college-age . . . → Read More: Before your kids go off to college, get these legal documents in place