It is essential that as your parents' age, you have conversations with them about their finances. To broach the topic, you might bring up current events like the coronavirus pandemic, its effect on economic conditions, and how it relates to…
As you have probably heard by now, keeping physical distance between us is crucial to stop this virus. Call or email us to find out how we can help you complete your estate plan without taking a single step outside…
Approximately 1 in 10 senior Americans have experienced elder abuse. If you have an elderly family member or friend living in an assisted living or skilled nursing facility, it is imperative to stay attuned to the signs of abuse to…
When it comes to estate planning, older Americans are typically more prepared than their younger counterparts. However, according to survey data,19 percent of people over the age 72 and 42 percent of those between 53 and 71, have an established…
A living will lays out your preferences for life-sustaining medical treatment. It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you are incapacitated and the living will…
The gift tax is a tax on the transfer of assets, cash or property, to another without receiving something of equal value. The asset has to be of a certain value for the tax to apply; otherwise, it falls under…
As many state officials now begin to ease current Covid-19 restrictions, the Wall Street Journal (WSJ) reports that the Centers for Medicare and Medicaid Services (CMS) is considering likewise for nursing-home residents and their families. Since March 13, visitors and…
Shocking as it may be, a significant portion of Americans do not have a plan in place for their retirement. They average American worker is not saving nearly enough, if any, of their income for retirement. This will inevitably lead…
Occasionally, medical professionals are faced with power outages while delivering medical care to seniors aging in place, in retirement communities, assisted living facilities, and in nursing homes. While everything is fine while devices, enterprise servers, and cloud services are powered…
Seniors are staying connected online during the pandemic and turning to technology to keep up with friends, family and current events. In many states, lawyers can now use this new online connectivity to create estate plans remotely from start to…