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

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

Three "Time Posts" for Nursing Home Care Planning

Over the next fifteen, about 78 million baby boomers will be reaching retirement age. According to the Centers for Medicare and Medicaid Services, over 40 percent of them will need some period of nursing home care in their lifetimes.

This social tidal wave presents baby boomers and their families with a daunting financial challenge: . . . → Read More: Three “Time Posts” for Nursing Home Care Planning

Estate Tax Affects More of Us than You Might Expect

Most of us hear the words “estate tax” and think that can’t apply to us, but only to the Donald Trumps and the Warren Buffetts of the world.  You’d be surprised.  Estate tax is the amount that your family will owe the government when you die, and is calculated by the value of all . . . → Read More: Estate Tax Affects More of Us than You Might Expect

Understanding Losses: Estate Planning and Compounding Interest

My Massachusetts and Rhode Island clients look to me to do their estate and asset-protection planning, so they can leave as much money as possible to their children and grandchildren.   They want their families to thrive.  At DLO, we know that the estate plan itself is only part of the solution, and we . . . → Read More: Understanding Losses: Estate Planning and Compounding Interest