Without the spending habits of Michael Jackson and the involvement of members of his inner circle, the Jackson estate has been transformed into an efficient multi-million dollar empire. As it stands now, the only factors that might keep the Michael Jackson money machine from moon-walking into eternity are his heirs.…
Even if you are still working, once you turn 65, you have to navigate your way through an entirely new and complex health care system. While there’s no HR department, there are resources. It starts the day you turn 65, and it’s a bit of a challenge. Seniors need to…
When all of your time is spent battling the challenges of mental illness or addiction, it’s hard to imagine what the future will bring. However, that’s exactly why estate planning is so important. It’s not an easy issue to discuss with an estate planning attorney for the first time. However,…
The moment you become a parent, you need a will. The same is true once you acquire any kind of asset that you want to give to someone after you die. It’s really that simple. The reasons why so many people don’t think they need a will fall into a…
Now that many members of the millennial generation are parents, it’s time for them to protect their families with estate plans, including naming guardians for their minor children. Yes, that generation is growing up! The numbers are pretty extreme. A recent study by caring.com reveals that 88% of 18–36 year-old…
If you think of retirement as a one-time purchase, it is the biggest thing you’ll ever buy. Trying to pay for retirement without the funding, is asking for the impossible. Compared to buying a new car or a house, paying for retirement is the biggest purchase of a lifetime, according…
Are you surprised that such a complex topic can be divided into just four sections? Once these difficult tasks are accomplished, you’ll have some much needed perspective that will help the rest of the process along. According to a recent article in Forbes, “How Much Do You Need To Retire:…
There is some kindness in the tax code, especially when it comes to the disabled and their care givers. There are a few tax breaks that are intended to alleviate some of the financial burden. Even when a disabled person is able to work, they or their caregivers must incur…
Inheritances by their very nature, create many mixed emotions. While you are grateful for the inheritance, you are grieving, which is a painful experience that impacts decision-making skills. Perhaps the most important thing to know when you are grieving the loss of a loved one and expect to receive an…
You might think that any doctor seeing patients over a certain age would automatically screen for Alzheimer’s or other dementia-related diseases, but until now that has not been the case. Starting in January, Medicare will now begin reimbursing doctors for screening and providing information about care planning for patients with…