Every single adult needs to have an advance health care directive written, signed, and in place. This includes you, your parents, and your children as soon as they turn 18. After turning 18, your children are adults and you would not be able to access their medical...
People in their 50s and early 60s may notice their elderly parents having trouble with memory loss and handling finances. One in eight Americans 65 and over and 43 percent of individuals 85 and over have Alzheimer’s disease. But financial advisors and...
Warren Buffett has famously said that you should “leave your children enough to do anything, but not enough to do nothing.” A recent Accenture study showed that the children of baby boomers will inherit almost $30 trillion over the next three decades, leaving more...
Representative Dave Camp (R-MI), the chairman of the House Ways and Means Committee and one of Congress’ top tax lawmakers, has released his proposal for small business tax reform and it contains a number of drastic changes to the current code. A Forbes article takes...
Estate planning overlooked – Most parents plan just about every aspect of their child’s birth and upbringing even before the child is born – scheduling the birthing classes, planning the new nursery, even picking out a preschool. There is so much to...