Friday’s Food for Thought: As parents, we devote extraordinary time, energy, & resources to providing our children: we help them study for spelling tests; we arrange our schedules to make sure they’re at soccer practice on time; we comb through food labels at the supermarket [...]
A Texas man announces his plan to spend his “Golden Years” at the Holiday Inn instead of a nursing home: https://theheartysoul.com/texas-man-lives-remaining-days-at-holiday-inn/ This anecdote definitely elicited some chuckles around our office, but we were also struck by the fact that he’s essentially comparing apples [...]
Wednesday’s Wisdom: While we believe it’s important for everyone to have a durable Power of Attorney (appoints an agent to handle your financial matters & can take effect either immediately or only upon incapacity) and a Health Care Proxy (a medical power of attorney which [...]
Friday’s Food for Thought: Acting as a caregiver for a sick friend or family member can be a beautiful & loving act, but it can also be incredibly stressful for the caregiver. If the stress of caregiving is left unchecked, it can take a [...]
Imagine you were in a horrible accident or suddenly became ill. You’re fragile and unable to make critical decisions about your health. What would happen next? Nobody likes thinking about such dire scenarios. But that doesn’t mean you should ignore them. One of the best [...]
Wednesday’s Wisdom: If you’ve heard the term “probate” before but aren’t sure what that *really* means, check out this article for short & simple explanation of probate: https://www.edwardjones.com/preparing-for-your-future/estate-inheritance/probate.html *While we find this article to be a helpful introduction to the concept of [...]
When she died last summer, socialite, philanthropist and horse-racing enthusiast Marylou Whitney left $17.2 million to her children, homes to 2 employees and the rest of her vast fortune to her husband. Whitney’s will, which was filed December 12th in Ballston Spa, included an admonishment to [...]
Wednesday’s Wisdom: Retirement looks a lot different than it did 10 years ago. U.S. News & World Reports explains 10 significant changes to the retirement landscape in the last decade: https://money.usnews.com/money/retirement/baby-boomers/articles/how-retirement-has-changed-over-the-past-decade?fbclid=IwAR1ZI83rXHP0k72Uu1w0lY3-pJH8F6dCJkA7_xXFEeTNQShNt_Yh29p7tlc Is your estate plan still appropriate given this new retirement landscape? Call my [...]
Friday’s Food for Thought- Happy New Year, all! As we start both a new year and new decade, here’s a helpful hint to bear in mind when signing & dating legal documents: Rather than simply abbreviating the year as “20”, make sure to write out [...]
Some children and spouses worry that their inheritance will be less than zero, a large debt. And in fact, a parent or spouse can leave behind a much more expensive, complicated, and time-consuming mess than is necessary. A little planning and professional consultation can make [...]