Divorce and Estate Planning

Divorce and Estate Planning

Current research has shown that Americans fifty-years-old and above are divorcing at an increasingly higher rate. As a result, estate planning professionals have begun to sound the alarm so that others might take note of the recent indirect uptick in estate planning issues concerning the very same population. Divorcing later in life often acts to further confuse many Americans when it comes to the estate planning process, due in some […]

Putting Your Financial Affairs in Order – It’s Not Just About You!

Putting Your Financial Affairs in Order – It’s Not Just About You!

Former British Prime Minister Benjamin Disraeli once wrote, “I am prepared for the worst, but hope for the best.”  In matters concerning wills and estates, few words better apply. This stems largely from the realization that most people do not want to contemplate the end of their life, let alone take steps to prepare for it.  While this is understandable to one extent, it is also problematic in that avoiding […]

DIY Estate Planning?

DIY Estate Planning?

The advancement of technology has helped to foster an array of changes to our daily lives over the past few decades.  In particular, one rather noticeable change has been the rise of the Do-It-Yourself (DIY) consumer. Defined, the DIY consumer is someone who believes in and practices doing work on their own, rather than paying someone else to do it for them.  While this term is most often associated with […]

Elder Fraud and People with Cognitive Disabilities

Elder Fraud and People with Cognitive Disabilities

Elder fraud is an increasing problem, especially for those with cognitive disabilities such as dementia. A recent study by the Rush University Alzheimer’s center further demonstrated this point in showing that seniors who fall victim to elder scams might be at a higher risk of developing cognitive disabilities. The study’s findings suggest that there is correlation between low scam awareness and a higher likelihood of developing serious cognitive disabilities such […]

Estate Planning 101: How to talk about it

Estate Planning 101: How to talk about it

Rarely is it easy to approach and discuss certain sensitive issues with our loved ones, especially when it comes to matters concerning estate planning. This can be further complicated if the conversation occurs in times of good health, when matters concerning death are greeted like an approaching storm cloud on an otherwise sunny day. Far too often people are likely to either crack a joke as a means of deflection […]