Anyone can be the victim of financial abuse. However, older adults are particularly vulnerable to acts of financial exploitation. In some cases, this may be due to the cognitive decline that comes along with older age. However, other factors may also play a...
After creating your estate plan, you can breathe a sigh of relief knowing you have protected your wishes. However, if you completed your plan several years ago, it may be wise to revisit the matter to ensure your plan still represents your present-day needs....
Your estate plan is a valuable tool that should align with your beliefs and reflect your wishes. And as such, a person should be able to design their plan accordingly. However, utilizing creative solutions and taking non-traditional approaches to these matters could...
It is a tragic reality that the elderly are targets for financial abuse. Victims can be isolated or lonely, and they may suffer from mental incapacity or memory loss, which can make them especially vulnerable to abusers. Unfortunately, the person abusing or exploiting...
Watching a loved one's mental and physical health deteriorate can be a painful, upsetting experience. It can also create a host of concerns that you may not have experience navigating. For instance, as an adult, you might never have considered what would happen if...
Losing a parent can be upsetting for children of any age. Even if you only saw your parent on major holidays or had a complicated relationship, a parental loss can take a profound toll in many ways. This toll can be especially notable when it comes to probate and the...
People often think about estate planning in the context of how it can benefit themselves. However, you are not the only person affected by a plan. It can also help beneficiaries, care providers, charitable organizations and future generations. Thus, if you have people...
When reviewing your estate plan, you will likely focus on making sure your will or trust’s provisions are current. Yet, you will also want to check the beneficiary designations on any payable on death (POD) bank accounts or life insurance policies you hold. And you...
People who have cognitive issues or have been isolated from their families can be incredibly vulnerable to abuse – particularly financial abuse. Being aware of how abusers attempt to manipulate or trick a victim into giving them money can be crucial in protecting...
Passing a business along from parents to children takes a great deal of thought. It also takes clear communication, a willingness to listen and accountability. There are many scenarios where the children will not feel they have gotten the best possible deal when it...