The little mistakes are what frequently cost families the most money. While people and the media often focus on big picture mistakes, it turns out that small errors are the biggest problems in estate plans, according to the Pauls Valley Daily Democrat in “Oversights can cost your heirs money.” For most people, minor mistakes such […]

Emotional and financial costs are associated with being the caregiver for an elderly family member. It would be wise to take care of a few things before you become a caregiver, as discussed recently by Forbes in “4 Critical Things To Do Before Becoming A Caregiver.” The pointers include: Make sure you have all of […]

Wealthy people may create estate planning challenges with the quest for a longer life. Forbes recently discussed some of the challenges of an increasing life span, especially where money is no problem, in “Estate Planning For The Ultra-Wealthy When Living To 120 Or Beyond.” Medical advances and new personalized medical care plans, such as concierge […]

President Trump and the Democrats may be braced for the final war over the estate tax. The Hill discusses President Trump’s promised end to the estate tax in “Trump vs. the Democrats: Is this the end of the 100 year war over the Estate Tax?“. Trump promised to end the estate tax in his campaign […]

Majority of Americans have long supported the right to choose death. At least 20% of Americans will soon be living in states that allow a person to choose death, according to The New York Times in “Physician Aid in Dying Gains Acceptance.” Dr. Jack Kevorkian was prosecuted for assisting terminally ill patients to commit suicide, […]

A parent may be shocked when their child gives away their inheritance for some quick money. A recent MarketWatch article described the anguish of being distressed and giving up your inheritance for some quick money in “My drug-addicted friend signed away his $800,000 inheritance to his brother — now he’s clean, can he get it […]

Generational wealth issue may create a stumbling block. The trust designed to avoid paying estate taxes for generations has come up with President Trump’s nominee for Treasury Secretary, according to the Financial Advisor in “Trump’s Treasury Pick May Have Used Tax Loophole Obama Attacked.” Properly designed and administered, dynasty trusts can help legally avoid paying […]

Millennials generation needs to pay attention to Social Security and Medicare. Some forecasters believe the stock market will not be bullish for the near future and that Millennials should be putting away 25% of their current income to keep retirement funds growing at a healthy rate, according to Wealth Management in “Should Millennials Double Retirement […]

Dramatic shift possible in equities and bonds resulting in impact on investment in trust assets. The equity and bond markets have been relatively stable with a negative correlation for the past three decades. However, that may be about to change, according to the Financial Advisor in “Forget 30 Years Of Stock And Bond Divergence, Bernstein […]

Student loan debt is not just for the young, as parents take on some of the loans for education Data compiled by the Consumer Financial Protection Bureau, suggests that student loan debt has become an elder law issue, according to Financial Advisor in “Student Loan Debts Plague Older Americans.” In 2015, 2.8 million people age […]