Failing to draft an estate plan can mean a pair of obstacles when a parent dies. First, it can leave you scrambling to unravel their financial picture while trying to grieve. Second, it can be expensive. MarketWatch’s recent article entitled “It’s easy to put it off,...
Millennials are not the only ones investing in crypto / cryptocurrency and it is more than a passing fad. It has become an alternative purchasing and investment tool, with more than 8,000 different types of crypto available, representing billions in assets. You can...
In first marriages, working together to raise children can solidify a marriage. However, in a second marriage, the adult children are in a different position altogether. If important estate planning issues are not addressed, the relationship between the siblings and...
Many people planning for the future may want to place their home in a trust for their children. This is especially true if the house is paid off, and free and clear of a mortgage. However, what would happen if the home were placed in a trust and the senior then...
It’s not uncommon for adult children to face a parent’s decline and the preparations associated with their passing. This includes how to handle their parent’s financial matters. Seniors Matter’s recent article entitled “How do I handle my father’s financial...
There are many ways that this simple strategy can go very wrong, very quickly. If one of the joint owners is sued, or files for bankruptcy, the home is vulnerable. And that’s just the beginning. As any estate planning attorney will tell you, things change when...