Between the social unrest sparked by the murder of George Floyd and ongoing Covid-19 pandemic, our country is facing its toughest moment of the twenty-first-century. Silver linings are fleeting and yet one which has provided many folks has an important source of support is the added time with family. However tempting it may be to…
Despite the critical importance of asset organization and estate planning, only 42% of US adults have drafted a will. The danger of the Covid-19 pandemic has provoked an uptick in the numbers but in many cases, folks are little more protected than when they had no estate planning document in place. The reason is that…
If you’ve been reading the news—and is there anyone out there who hasn’t been?—you’ve thought about your economic wellbeing for at least a moment. You might’ve even reviewed your cash flow and prepared a budget to ensure you’re set up to weather the current crisis. And if you’re among the 47 million at risk of…
The coronavirus pandemic has been a reminder of how quickly our lives can change. Seemingly healthy people are being afflicted with this virus, leading to untimely deaths and heartbroken families. These monumental and shocking events should be prompting us all to think about whether our estate plans are up to date. Normally, for estate planning,…
A few months ago, even the most embittered pessimist couldn’t have imagined hundreds of thousands of Americans losing their parents or guardians and their jobs at the same time. No one should have to navigate both bankruptcy and bereavement…and yet, here we are. As the Coronavirus pandemic spreads globally, all a person can do is…
Any good parent aspires to teach their children self-responsibility, good decision making, and the ability to plan for adversity—among many other things. Until a child has flown the nest, it rests on the parent to act as a backstop and guide. That being said, it’s so important that parents coach their children through the drafting…
At this point, you don’t need to be reminded of the events of the present. If there were ever a wake-up call to get your estate plan in order, recent news is it. Planning for the future is especially critical if you are a business owner or CEO. First Steps to Asset Protection Generally, it…
Few things in life provoke more anxiety than financial precarity. Often, in a bid to close gaps and meet basic needs, individuals turn to credit to cover urgent costs, counting the ability to forge a lasting solution when time permits. Clawing one’s way back up this slippery slope is hard, however. Rarely does a person…
Charitable giving comes in many forms. Some people make philanthropic achievements a lifetime goal, while others will make donations periodically throughout their life when they feel passionate about a particular cause. Another way that many people choose to give to charity is to donate at the time of their death. Incorporating charitable donations in your…
Medicare covers a big part of many people’s medical expenses after they turn 65. Medicare Part A is hospital insurance that pays for things like hospital stays, surgery, and hospice care. Medicare Part B is more of a traditional medical insurance that helps pay for doctor visits and preventive services. Individuals can enroll in Medicare…