Digital assets can range from items of financial value like online bank and brokerage accounts to domain names, Twitter accounts, and social media pages. Sometimes accounting for these assets after the death of the owner can be a nightmare. It becomes even more difficult if [...]
Over the last decade, there has been a steep decline in estates owing estate taxes to the federal government. Only 0.6 % of those who died in the USA in 2008 owed any estate tax. Because of the increase of the filing threshold, the number of estates that needed to pay taxes [...]
The Financial Industry Regulatory Authority Inc., (FINRA) the brokerage industry’s largest regulator, has issued a warning against financial advisors using authoritative-sounding titles like “certified senior advisor” or “certified retirement counselor” because the use of th [...]
In most societies, including our own, it is the woman who is the primary caregiver, the nurturer, the supporter. In a woman’s capacity as mother these tasks are performed on her children, rearing them and preparing them to be well-adjusted, productive members of society. It [...]
(Continued…) It was based largely upon this experience that I chose a career in elder law. I wanted to assist families in these decisions, as well as the myriad of the issues facing them. These decisions include getting a proper estate plan in place for the parent, such as f [...]
AGAIN and AGAIN and AGAIN. I was reading the paper this morning and came across the following article: Fast-Moving Utility Scam Arrives in State Heads up: President Obama is not offering to pay your utility bills this month. A scam that has taken in tens of thousands of victi [...]
AARP’s Public Policy Institute today released a new research report focusing on older investors with diminished capacity -and how financial services professionals can best meet their needs. Increasingly, older people are responsible for their own retirement security in an era [...]
It’s that time of year again: children graduating from high school – when they prepare to spread their wings and fly off to college. For the first time the kids won’t be at home and underfoot. Additionally, after they turn 18 they are legally adults. We, as parents, won’t [...]
Recently, I talked about the need for high school graduates to complete their Health Care Directives upon turning age 18 to enable parents to make medical and health care decisions on their behalf. (This presumes your child will appoint you as his/her parent and not his/her B [...]
