When interest rates are low, intrafamily loans can be a good way to assist a relative (typically a child) with purchasing a house or a family business, and in certain circumstances they can be used to gift money to the next generation.
An intrafamily loan allows family members to Continue reading
Summer is winding down and if you are one of the lucky ones, you got to spend some time at a family vacation home. How do you make sure your children and grandchildren can enjoy that second home as much as you did?
The question for owners of vacation homes in planning their estates Continue reading
Britney Spears’s legal fight to wrest back control over her personal and financial affairs has flooded the issue of guardianship in Klieg lights. While a full guardianship may be necessary for many individuals who are incapable of managing their own affairs due to dementia or intellectual, Continue reading
President Biden has introduced a plan to spend $400 billion over eight years on home and community-based care for the elderly and people with disabilities. The money would go to expand access to care and support higher-paying caregiving jobs.
As the elderly population grows, our Continue reading
Many websites offer customized, do-it-yourself Wills and other Estate planning documents. Although such products are convenient, using them could create SERIOUS and EXPENSIVE legal problems for heirs. These digital services appear to offer a cost-effective and easy alternative to Continue reading
While the internet makes our lives more convenient, it also adds new complications. For example, what happens to all our online data and assets if we become disabled or die? Whether or not we spend half our lives responding to devices, we all transact a lot of our daily business online Continue reading
A growing problem with adult guardianship abuse is giving rise to calls for reform of the system. Vulnerable elderly can get caught in the guardianship system, being harmed and exploited by the very process that is supposed to protect them.
A guardian is someone appointed by a court Continue reading
The older you get, the harder it is to qualify for long-term care insurance. If you are interested in buying this insurance, it is better to act sooner rather than later. Many people put off purchasing long-term care insurance until they need it, but by then, it may be too late. Not Continue reading
Talking about Estate Planning is a difficult, emotional topic but it’s essential for every family. Unless you’re certain your parents have an up-to-date will and a wider plan for what 
should happen in the event of their passing, you shouldn’t assume everything will be taken care of. Continue reading
Happy Pride Month Everyone! As stated in Planning With Pride – Part 1 Estate Planning for LGBTQ+ individuals isn’t all that different from Estate Planning for anyone else. However, there are still some unique issues to consider. This week, we are going to talk about how important Continue reading
