As banking and bill-paying become more challenging as one age, incapacitation by accident or sudden disease can occur to anyone at any age, creating the same difficulties. Incapacity is not just about mental cognition, accident, or illness. You may have…
For succession and estate planning, farm and ranch real estate, livestock, equipment, and other personal property present unique challenges. There is a common misconception that federal estate taxes threaten farm or ranch property, preventing assets from getting to rightful heirs.…
Stay alert to signs of abuse if your elderly loved one lives in an assisted living facility or skilled nursing facility. The National Center on Elder Abuse reports the most common types of abuse include physical (29%), psychological (21%), gross…
57% of U.S. adults do not have a Last Will & Testament (a "Will"), according to Care.com's estate planning survey. The survey found that participants were more likely or less likely to have a Will depending on issues such as…
When you become seriously ill or injured, nursing home care can be astronomically expensive. You might also know that Medicare would cover only a minimal amount of those costs. Private insurance doesn’t seem like a good bet if you’ve heard…
There is no doubt that death is a heavy and difficult subject. Planning for it can seem even harder. But end-of-life planning is an important part of estate planning and a gift to your loved ones. No one wants their…
Many parents are uncomfortable discussing their wealth with their children. Property and money are usually taboo topics to discuss. Asking someone else about what they have is often considered impolite. But failing to talk to kids about how much they…
Thinking about death, especially your own death, can be uncomfortable. Add to that the issue of what will happen to our assets after our deaths and it’s little wonder why so few people have created wills and other estate planning…
The probate process is the legal process that occurs after someone passes away. Probate is a complex, lengthy, and expensive process, but estate planning can mitigate unwanted risks by anticipating possible issues and preventing them before they occur. Sound estate…
Pharmacological "chaperone therapy" protects mice against Alzheimer's disease (AD), according to Temple University's Lewis Katz School of Medicine. Alzheimer’s is a chronic neurodegenerative disease that currently has no cure. Abnormal clumps (amyloid-beta plaques) and tangled fiber bundles (neurofibrillary or tau…