Everyone wants a plan that is going to work the way that they want. Unfortunately, there are many ways that a plan can fall apart. How you own your property makes a huge difference to whether your overarching estate plan will work. For example, a simple mistake can completely eradicate your well-drafted trust. Most seniors […]
Caregiving is one of the most difficult jobs in the world, as it takes its toll on caregivers emotionally, physically, and financially. Often, caregivers are spouses or children who become exhausted over time. Many caregivers fail to take needed respite away from the daily stress of providing care for their loved ones. Without frequent vacations, […]
This past week on our radio program, “Asset Protection Today,” on Talk Radio 850 WPTK (AM) the ladies took over as our attorneys, Tovah Mitchell and Kathryn Bowman welcomed Virginia Clay, a Certified Financial Planner from Morgan Stanley as our guest for the show. Virginia focuses on women’s financial and retirement planning, long term care […]
Robin Williams recently passed away, leaving behind an important legacy through his movies and comedic performances. Because Williams was famous, his legacy is recorded and will touch the lives of generations to come. However, we all have our own legacies that we can pass on to those who come after us, but we may need […]
All families should implement an overarching plan to protect their assets. Unfortunately, most families fail to first consult an experienced attorney for good legal advice regarding how their estate plan and legal documents interconnects with their insurance and financial needs. As a result, most families end up with a hodge-podge of assets with various title […]
Occasionally, we will see unique stories of celebrities and how planning, or lack of it, makes a big difference. These stories in the press act as examples of either good or bad real world planning. By putting a proper plan in place, you can achieve your goals and leave what you want, to whom you […]
The Veterans Administration has received lots of negative attention in the press over the past several months. First, the public became aware that VA hospitals were filing false paperwork regarding the scheduling of medical appointments that made it appear to officials in Washington that they were meeting specific deadlines and timely seeing patients when in […]
Many people don’t realize that purchasing long-term care insurance is one of the best investments to protect themselves for the future, as the likelihood of facing a long-term care crisis is high, and most families cannot afford to self-insure. Unfortunately, long-term care insurance often isn’t on people’s radar until a long-term care crisis happens to […]
Many families are returning from the Fourth of July holiday after visiting with loved ones they may have not seen in some time. Holidays, such as the Fourth of July, are an important time for loved ones to get together and sometimes assess the best way to help aging family members stay independent. In the […]
Death is not a fun topic to discuss, but it’s a sure thing for us mortals. Ben Franklin quipped that “the only thing sure in life is death and taxes,” and we talk about taxes all the time. The problem is that most people avoid talking about death-related issues, despite the fact that death is […]
If you own a corporation or LLC, Google “Corporate Transparency Act” and file your report before the end of the year. Don’t be fined $500.00 per day for failing to file.