Understanding the Role of a “Fiduciary”
You may be asked to be the power of attorney for a family member or friend. Your person may be planning for when they might become unable to take care of their affairs. For example,…
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Understanding the Importance of a Living Will
If you are in a life-sustaining medical treatment your living will establish your medical preferences. It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for…
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2020 Planning Trends for Baby Boomers
Americans born 1946-1964 are considered as the baby boom generation, and according to the US Census Bureau (Bureau of Census), their numbers are estimated to be 73 million strong. This number represents nearly 20 percent…
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How to Address Alzheimer’s Disease in Your Legal Planning
Alzheimer’s disease is increasing as we age with no cure for the more than 5 million Americans living with the disease. Projections by the Alzheimer’s Association (alz.org) are that by 2050 more than 14 million…
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How to Plan for a Blended Family
Couples often bring children into a marriage from a prior marriage or union and then have children together. This is often referred to as a blended family. Blended families highlight the need for careful estate…
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Why Your Will is Essential
This type of documents can be essential for your estate plan. Your last will and testament is a set of legal instructions that communicates your wishes regarding your dependents and how to dispose of your…
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Why Are Americans in Their 60s and 70s in Debt
Between 2007 and 2010 America experienced its worst financial crisis since the great depression. Known as the subprime mortgage crisis, it happened because home prices fell in 2006, triggering loan defaults. Then the risk spread…
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