In the Future How Will You Pay for Long-Term Care?

In the Future How Will You Pay for Long-Term Care?

Have you considered a future that might include the need for long-term care? Furthermore, how would you pay for long-term care if you needed it? Have you thought about the reality that in the future you may not be able to live on your own, in your own home, without mobility and cognitive challenges? In fact, it is not a reality that many of us want to face or plan for. In fact, with less than half of all Americans today even completing their...
How to Choose the Right Fiduciary for Your Estate Plan

How to Choose the Right Fiduciary for Your Estate Plan

In thinking about your estate plan, what is one of the key components you should consider? Be aware, your estate includes your wealth, like your home, bank accounts and investments, your health and all your plans you have for your legacy. Even if you create the best possible estate plan with your attorney, your plan may fail if you do not have the right fiduciary, who is a key component of your estate, in place. What does a fiduciary do? The...
How Poor Estate Planning Can Hurt Your Child’s Future

How Poor Estate Planning Can Hurt Your Child’s Future

Are you a parent? Do you have young children and still go to baseball, ballet or piano practice with your children? Or, do you have older children who are married with children of their own? As a parent, you know while they were young you tried to provide for their needs. As adults, you know that you are always there for your children and grandchildren. With all that you have done, though, have you created an estate plan to positively impact...
4 Thought Provoking Questions to Ask Your Aging Parents

4 Thought Provoking Questions to Ask Your Aging Parents

Have you noticed that your parents are beginning to look older? Do they still live in their own home, buy their own groceries and drive themselves to appointments? Have you had any conversations with them about their future? For example, do they have an estate plan, if they became incapacitated where would they want to live or who is in charge of their affairs if they were incapacitated? We know that talking with your aging parents about estate...
Are You Heading for Florida Guardianship?

Are You Heading for Florida Guardianship?

If you were to suddenly become incapacitated due to an accident, injury or disease, what would happen to you? What if your advanced age keeps you from an ability to properly keep up with all your medications, regular hygiene, or basic finances? Are you planning for a family member to step in and take over your affairs? Will the state have to step in and appoint a guardian for you? The decision may not be that easy. Unfortunately, even if you...
Four Reasons Why You Should Prioritize The Creation Of Your Estate Plan

Four Reasons Why You Should Prioritize The Creation Of Your Estate Plan

Have you put off doing any estate planning? Is it because it is not a priority right now? Or is it because your estate is not very big? Did you know that, according to a 2022 wills survey, less than one-third of Americans have an estate plan in place? What is interesting, though, is that almost two-thirds of Americans admit that having an estate plan is important. In addition, according to the survey, the primary reason why people do not have...