It can be exciting when your child begins their college career. It is a new chapter in both your lives and a chance for your child to strike out on their own. However, are college students truly prepared? What happens if students fall sick, or face a serious accident?...
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Estate Planning
How could dementia affect estate planning?
Dementia is a heartbreaking disease for individuals and their families to grapple with. It can make the future suddenly seem uncertain. The future might seem even more overwhelming if your parent does not have an estate plan set up. In the United States, roughly five...
What should you do if a loved one is mentally incapacitated?
As loved ones age, families can run into many tough decisions about how to care for them. These decisions become even harder if loved ones start losing mental capacity. So, what can families do if they believe their loved one is mentally incapacitated? First, how can...
When is it time to consider getting a professional caregiver?
When parents start aging, many adult children take on the duty of caring for them. Many might see it as their responsibility since their parents took care of them as they grew up. However, becoming a caregiver can be both a physically and emotionally stressful...
Tips for talking estate planning with your parents
There are two topics that many individuals do their best to avoid talking about: money and the end of their life. This was clearly shown in a 2016 study conducted by Fidelity Investments. The study found that many families disagree about when it is necessary to...
Two things every conservator must know
Watching as loved ones struggle with their health can be a challenge. However, it can be dangerous when loved ones can no longer fulfill their basic needs. In these cases, it might be necessary for families to consider establishing a conservatorship to ensure their...
A DIY (do it yourself) will can mean trouble in estate administration
The availability of information and software on the internet has led many people to attempt do-it-yourself (DIY) solutions even with potentially complex matters such as making an estate plan. Though this might save some time and money in the short term, it can also...
How can you keep your children out of inheritance battles?
If you're like most people who take the time to create a will, you want to arrange for your family's support even after you're gone. You may also want to spare them from a lengthy probate and soften the blow of your departure. However, if you're not careful, your will...
Planning for pets is important too
Including an animal companion in an estate plan might seem like something reserved for celebrities. However, that is not the case at all. As much as we think of our pets as members of our family, not many people think to plan for their pet's future. While individuals...
Why ‘comfort planning’ should be part of your estate plan
A third of all people over 50 who break a hip die within the following year. That's a frightening statistic. Even if you're among the two-thirds who don't suffer this fate, your overall health can take a turn for the worse after a serious accident or injury in your...