Latest Blog Posts

  • Don’t Just Leave an Inheritance; Leave a Legacy
    Posted on: 23 May 2017
    You come into the world a blank slate, and as you grow, you gain wisdom. You’ve planned your estate to leave physical assets to beneficiaries, so now think about leaving them something that’s just as important but less tangible: the hard-won wisdom you’ve accumulated over your life. Let your family and friends learn from your mistakes, and profit from your successes. In other words, don’t just leave an inheritance, leave a legacy....
  • Financial Challenges Facing Seniors…And How to Fight Back
    Posted on: 22 May 2017
    For almost a decade, the Federal Reserve has kept the federal funds rate at a record low. This might be good if you are refinancing debt, but it is disastrous for those who stay in fixed-income investments such as certificates of deposit, money market accounts, savings accounts and bonds—all long-time favorites of seniors who are more risk-averse than other investors....
  • The Difference between Lifetime and Deathtime Planning… and Why a Comprehensive Plan Must Include Both
    Posted on: 16 May 2017
    According to a March 2017 survey by, six out of ten Americans have no will or any other kind of estate planning. Many said they’d get around to it, eventually. ...
  • May is Older American Month
    Posted on: 15 May 2017
    The theme this year is “Age Out Loud.” In 1965, President Johnson signed the Older American Act into law. This Act was created to fund critical services that keep older adults healthy and independent — services like meals, job training, senior centers, caregiver support, transportation, health promotion, benefits enrollment, and more. ...
  • Integrating a Community Property Trust Into Your Estate Plan
    Posted on: 09 May 2017
    A well-crafted estate plan has many individual parts, and careful, trust-based estate planning is the best way to ensure the best possible outcome for you and your loved ones. One way that married couples can get the most mileage out of their estate plans is to create a Community Property Trust. A Community Property Trust is a special type of trust that can own a couple’s jointly acquired assets as community property and can save a significant amount of taxes....
  • Warning: An Alzheimer’s Tsunami is Coming and We Must Prepare
    Posted on: 08 May 2017
    In a recent article, Mr. Tisch describes how we are unprepared for the enormous costs we will soon be facing from a huge upswing in our aging population and the resulting number of Alzheimer’s patients....
  • Life Events That Require an Immediate Estate Plan Update
    Posted on: 02 May 2017
    Estate planning is the process of developing a strategy for the care and management of your estate if you become incapacitated and upon your death. One commonly known purpose of estate planning is to minimize taxes and costs, including probate court costs, gift taxes, estate taxes, and generation skipping transfer taxes. However, your plan must also name someone who will make medical and financial decisions for you if you cannot make decisions for yourself. You also need to consider how to leave your property and assets while considering your family’s circumstances and needs....
  • VA Compensation Benefits for Veterans and Family Members
    Posted on: 01 May 2017
    Veterans compensation is a tax-free benefit paid monthly to a veteran and/or eligible family members because of the veteran’s service-connected disability. A service-connected disability includes an injury or disease incurred during active military service or a pre-existing injury or disease that is aggravated during active military service. Compensation may also be paid for post-service disabilities that are considered related or secondary to disabilities occurring in service and for disabilities presumed to be related to circumstances of military service, even though they may arise after service....
  • 3 Ways NOT to Leave an Inheritance for Your Children
    Posted on: 25 Apr 2017
    Estate planning offers many ways to leave your wealth to your children, but it is just as important to know what not to do. Here are some things that are all-too-common, but textbook examples of what not to do or try....
  • “No One Dies Alone” Programs Offer Comfort at Life's End
    Posted on: 24 Apr 2017
    Millions of older Americans live out their final hours alone in a hospital bed. But at some hospitals, a comforting presence at a patient's bedside is considered essential end-of-life medicine. So, if there are no friends or loved ones to keep vigil, a volunteer might fill the void....
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