New tax law changes may have a significant impact on estate transfer strategies in the future. While it is too early to know what will become law, the House Ways & Means Committee tax plan draft indicates that change is…
Many elderly Americans suffer from Alzheimer’s disease, a progressive neurologic disorder marked by a steady decline in cognitive, behavioral, and social skills. Initial symptoms are often mistaken for normal aging and include problems with language, mood swings, disorientation, loss of…
It is important to consider who you would trust to manage your finances when you are no longer able to. A power of attorney (POA), otherwise known as an agent to your principal, has the legal authority to represent and…
Most Americans consider real property, like their home, the most significant part of their overall net worth. How the home and other pieces of real property are titled deserves careful consideration. Real estate constitutes the land and any structure, including…
Telemedicine can be described as health-related services and information being distributed by electronic technologies. Not long-ago telemedicine was an innovative practice, primarily a supplement to hospitals' information strategy managing patient care and their data more efficiently. During the coronavirus pandemic…
Because aging Americans are more susceptible to the coronavirus, deaths in this age group are high. Although nursing home residents are less than one percent of the total US population, according to a report from the CDC, they account for…
Dementia sufferers can often be found wandering. This is often caused by the decline in cognitive functioning and symptoms such as restlessness and confusion that are associated with this decline. The more these diseases progress, the more likely it is…
Unfortunately, it is fairly common that seniors fall victim to financial scams. Sadly, the elderly are often taken advantage of by strangers — and sometimes even their own family members. That’s why it’s important that planning is in place to…
The prevalence of autism is on the rise in the US. Because the condition first manifests itself before the age of 3, the majority of people receiving new diagnoses are under the age of 6. Autism spectrum disorder (ASD) refers…
Protection of your children’s and grandchildren’s inheritance from creditors can be accomplished through estate planning. A simple way to achieve inheritance protection is through a trust. A trust can pass your wealth bypassing probate. This allows specific trust provisions to…