Category Archives: Estate Planning
3 Underrated Parts Of Your Estate Plan
As long as you have written at least part of your estate plan, you are off to a good start, and any reason that motivated you to get started is a good reason. Unless your progress on an estate plan began with meeting with an estate planning lawyer and following the lawyer’s instructions in… Read More »
What Could Go Wrong With Assisted Living?
Assisted living facilities often brand themselves as a glamorous and practical option. Retirement planners might encourage you to sell your house and move to assisted living. They argue that your children do not want to inherit your house, anyway; they don’t want to deal with the sweltering heat and the terrifying trifecta of natural… Read More »
How To Stay Out Of Trouble When Your Children Inherit Money But You Don’t
Everyone worries about money, especially in today’s economy, but there is no stress quite like what the parents of minor children feel when there is only enough money in the family bank account to cover this month’s bills, if there is even that much. Almost every parent dreams of setting up a savings account… Read More »
What Does Your Role As A Grandparent Have To Do With Your Estate Plan?
Most people who turn to chatbots as confidants are below the age of 50, but seniors seem to be embracing AI as a brainstorm buddy and factotum at least as much as the younger generations do. If you are a married woman of a certain age, it probably drives you crazy that your husband… Read More »
Is Condo Ownership The Most Affordable Retirement Housing Option?
You know you are old when you start to daydream about moving to a smaller residence instead of a bigger one. Young people, especially if they are susceptible to consumerist content, dream of buying a mansion, where they can host lavish parties or just sprawl out as much as they want to. If you… Read More »
Does Your Estate Plan Have An Ex-Spouse Problem?
You might think that drafting a will shortly after you got married and every time a child was born to you or you bought a house or inherited property from a deceased relative was a flex. Perhaps you even told your spouse how lucky your spouse was to be married to someone so conscientious… Read More »
Potentially Exempt Transfers
Generosity is its own reward, but it has plenty of other rewards. When someone gives a gift of money or some other item with a large amount of use value or exchange value, the giver gets the feels, and the recipient gets financial relief, at least temporarily. Even though it is tacky to brag… Read More »
Should Seniors Buy Credit Insurance?
Financial advisers will tell you, with a gleam in their eyes, that your expenses will be lower when you retire, and you spend your 50s and early 60s looking forward to all that money sticking around that you no longer have to spend on dry cleaning your work clothes and parking at your place… Read More »
Lady Bird Deeds Can Help You Keep The Peace In Your Family
What is the most splendid bird in Florida? Is it the snowy egrets that occasionally walk gracefully across the lawns in retirement communities that are far enough from the main road? Is it one of the birds of the Everglades, the greater blue herons or roseate spoonbills wading among the sawgrass, or the anhinga… Read More »
3 Unexpected Hassles Of Retiring In Florida And How To Cope With Them
Retiring to Florida sounds like a dream come true if you have only visited the Sunshine State briefly. If you are sitting in traffic in your salt-spattered car, the sky already dark on your afternoon commute, you probably dream of the colorful Florida sunsets and year-round weather. For all of Florida’s charm, there is… Read More »