Americans are putting off retirement and continuing to work at an increasing rate. Many seniors who do retire later, chose to go back to work. One of the consequences is that it often leads to having a younger boss. People often do not like taking directions and orders from others who are much younger. It […]
When someone you know passes away, one of the most important things that you can do is to sincerely offer condolences to the deceased's loved ones. A lot of the time when we see other people hurting, we wonder what we can do to help. We often conclude that there is nothing we can do. […]
Many articles are written about what the Millennial generation wants and needs. Not enough articles are written about their need for estate plans. Whatever field you are in, you have undoubtedly heard a lot of talk about how it relates to the Millennial generation. No one hears about it more than Millennials themselves. They like […]
People who do not have a large amount of assets, think that they do not really need an estate plan. They are wrong. Not everyone is wealthy. Not everyone has billions, or even millions, of dollars that need to be divided up between their relatives after they pass away. In fact, most people do not […]
Senior citizens who no longer feel safe or comfortable at home alone, have options other than going to a nursing home. Moving to an assisted living facility is one of them. If you ask any elderly person who is not currently living in a nursing home what they think about moving to one, you are […]
Unfortunately, a lot of people haven’t participated in any meaningful estate planning. Most will readily admit it is something they need to do, but they keep putting it off. Why? Here are some of the more common reasons why we procrastinate about estate planning—and some information that just might get you moving. It’s expensive. Granted, a […]
Most attorneys are specialists in their particular practice areas. For your estate planning, you should hire an attorney who is a specialist in estate planning. Human beings can only become truly knowledgeable in a limited number of areas. We cannot all be experts on everything. This is true even within disciplines. For example, if you […]
In 2017 it is expected that the IRS will focus its auditing efforts on the wealthy, in order to get the most that they can out of their limited enforcement budget. It used to be that the IRS was actually more likely to target middle class taxpayers for an audit than wealthy people. It is […]
Giving your house to your child or children can have tax consequences, but there are ways to accomplish this tax-free. The best method to use will depend on your individual circumstances and needs. Leave the house in your will The simplest way to give your house to your children is to leave it to them […]
Most Americans do not have wills. They should get one, but they should not stop their estate planning with just a will. The estate planning news has recently been full of stories about a new survey that showed that 58% of American adults do not have wills. The survey found that it was even worse […]