Our ability to socialize has been severely impacted by medically suggested protocols for social distancing and government mandates restricting large gatherings to slow down the spread of the coronavirus. This isolation holds especially true for those seniors who live alone…
An estate plan is the best vehicle for transferring assets upon your death to your loved ones. However, many of us often overlook the crucial part of communicating our estate plan to family and heirs. Even with a thorough and…
Probate can be avoided if you have the right strategy in place, saving you money in taxes, avoiding public proceedings, and the requirement for court approval. It can save you time, frustration, and in many cases, significant attorney and court…
Entrepreneurs have several important characteristics in common such as motivation, creativity, persuasiveness, risk tolerance, versatility, vision, innovation, communication and collaboration, flexibility, and decisiveness. These individuals create new businesses bearing most of the risks and reaping most of the rewards if…
There are direct and indirect costs associated with Alzheimer’s and other related dementia diseases policymakers have to consider. Direct costs, in this instance, are the medical and social/non-medical care costs related to dementia; on average, expenses included $273 per month…
Data breaches have unfortunately become a common occurrence, with the Capital One data breach, for example, compromising 100 million Americans. But what hasn’t been receiving much major media coverage are the recent breaches affecting seniors. One such breach occurred last…
In estate planning, a letter of instruction is an essential element of the overall plan. It is an informal document that will give your loved one’s important information about personal and financial matters after your death. Letters of instruction are…
If you want to become a self-made millionaire and you are a millennial or younger, there is a path you can follow to make this a reality. It does not require a unique set of skills, specialized knowledge, or even…
Imagining the likelihood of getting a deadly illness or injury is not something people like to think about. Because of this, we rarely think about how to protect ourselves and our loved ones if the worst were to happen. However,…
Probate is the legal process by which the estate is authenticated and the deceased’s assets are distributed to the beneficiaries. Whether or not you require probate depends on the type of property and how you own it, and the state…