Category: Children

Estate planning has not kept up with children joining families through technological means. While estate planning has generally kept pace with Americans living in blended families, it has not kept up with the developments in medical science for people to have children through such things as surrogacies and frozen embryos, according to Private Wealth in […]

While parents often avoid discussing their finances with their children, it may make things easier in the future if they do. Suddenly not being able to handle your own finances can lead to big problems. This is why parents should talk to the adult children about finances, according to TC Palm in “Acquaint grown children […]

Many important subjects need to be discussed before your first baby comes along. However, don’t forget to consider key issues, such as health insurance, finances and guardianship. In the frenzy of making plans for your first baby including the route to the hospital, names and nurseries, it is important not to forget financial arrangements, according to […]

Couples who are expecting their first child are busy with decorating the nursery and taking childbirth classes. In addition to planning for their financial future, estate planning should be a high priority to-do item. They need to purchase life insurance, set up a college fund, and answer one of the most unpleasant questions of all: […]

Discussing your estate plans with your adult children may be the single best defense against leaving a legacy of family strife and division. A recent New York Times article, titled “What’s Almost as Certain as Death? Not Talking About the Inheritance,” details a new report revealing that the majority of Americans do not discuss their […]

New studies are providing more current cost estimates. “What we found was shocking,” Mandell said. “This is a huge hit on families.” The costs to care for a child with special needs is on the rise, as reported in a new study in the medical journal JAMA Pediatric. The study found that the total lifetime […]

Recently, we were forced to watch a painful family feud play out in the media over how Casey Kasem should be cared for in his final days.  This type of internal family strife is not uncommon even among non-celebrity blended families who may not have considered the consequences of naming one child, a new spouse […]

Recently rock legend Sting made headlines when he declared that his six children would be receiving little to none of his estimated $300 million fortune. Financial Planner Kevin McKinley argues that there are ways to give your children money without you having to worry about them becoming trust-fund brats. Sting’s motive for not leaving an […]

A proper Caregiver Agreement is essential when a loved one or friend wants to pay you to provide assistance and care for them. Here is a link to an article in which Michael J. Amoruso, Esq., Managing Partner of Amoruso & Amoruso LLP in Westchester County, NY and Howard S. Krooks, Esq., Of Counsel to […]

Here is an excellent video demonstrating how my mother in her 70s, learned to use technology to transform her love for teaching into the next chapter of her life!  She authored a new children’s book, “Grandma Needs a Nap” under her Publishing Company “Grandma Press” which teaches our young children and their caregivers incredible life […]