Here are the four estate-planning documents everyone needs. Don’t think you really need a will? Think again! Creating a will with a qualified estate planning attorney is the best way to ensure your wishes will be honored and moved quickly through the legal process. As The Wall Street Journal warns in “Four Estate-Planning Documents Everyone […]

There are basic rules and guidelines that apply to every estate plan, whether it is taxable or not. Draft an effective plan by paying attention to these guidelines, regardless of what the tax law is or might become. You always can make adjustments if the tax law changes. What’s your excuse for not having an estate […]

If your digital assets aren’t included in an estate plan, your heirs might not know about that online stock account you have. They might not know you do all your banking online. Your digital assets could be lost forever. In addition to your tangible assets, your digital assets should be included in your estate plan. […]

If you care about those who will handle things for you in case you become incapacitated, help them now. Do it if you have dependent children or someone depending on you financially. Do it for the people you will leave behind. Stop thinking that everyone knows what you want when you pass away. And even […]

The emotional toll of leaving an enterprise that you own is underestimated, said Harry Armon, a serial entrepreneur and president of the estate planning firm ARCAP Partners in Jericho. Does the thought of passing on your business give you the blues? One financial planner quoted in a recent Newsday article, titled “Panel Focuses On Boomer […]

The legal and estate planning industries don’t like to discuss the fact that millions of wills, trusts and other end-of-life documents go missing each year resulting in months—and sometimes years—of unnecessary stress when a family member passes away. Yes, unfortunately if you haven’t properly planned ahead of time, your estate could end up in the […]

Instead of flat out asking them to tell you about their personal information, it can work better to talk about emergency preparedness instead. When a natural disaster strikes, it can prompt many “what if” conversations. What if that were to happen to us? What if that were to happen to our family? These events be […]

Elder planning deals with protecting assets while you’re still alive and perhaps unable to make good decisions. Having someone who is suffering from Alzheimer’s and unable to make decisions is like a living death, for all parties. Much of our planning is done for the unknown. We don’t know what lies ahead, so having a […]

Rooney helped draw attention to the hidden and underreported crimes associated with elder abuse through his unique role as a high-profile and victim of abuse while still retaining a clear ability to testify and completely comprehend his affairs. With a career of more than 300 films, Mickey Rooney’s biggest role may have been when he […]

Enlisting the help of a qualified wealth management professional to determine which type of IRA will best support a person’s retirement goals. So you want an IRA, but you aren’t sure if you need a traditional one or a Roth. How do you decide? Let’s explore the Roth IRA a bit further to help your […]