Aging is hard on the body and on the mind. As your parents get older, you may notice signs that they aren't quite as mentally sharp as they used to be. Many older adults experience mild cognitive impairment as part of the process of aging. In some cases, if the...
Month: May 2020
What is Medicaid planning, and why should you consider it?
You’ve probably heard of estate planning, which involves creating a last will and other documents that outline your wishes for when you die or if you wind up medically incapacitated. But you may not be as familiar with the term Medicaid planning. This involves...
Compelling reasons to include a trust in your estate plan
Estate planning can be a stressful process because it involves not only exploring your own mortality but also the various connections you have with other people and the ways that they depend on you. You will need to complete an assessment of your current financial...
How to pass first-generation wealth safely to your heirs
You’ve always been an entrepreneur, and you’re proud of the tidy little empire you’ve built. You’ve been an excellent provider for your family -- but you’re very conscious of the fact that it can be hard for people to manage inherited wealth without losing it all....