Natural Disasters Prompt Proper Planning

Where were you, when the "Big One" hit? Well, that’s one way to "shake up" your week! For us East Coasters, Tuesday’s earthquake was certainly an unexpected surprise, and a "big one" for our area. We were all fortunate to … [Read more...]

Parent of a Graduating Senior? Avoid this “Nightmare” Scenario

Your graduating senior may always be your baby, but in the eyes of the law, he or she is now an adult. You need to understand that you can no longer make important medical or financial decisions for your child without their … [Read more...]

How to Avoid Losing Massive Amounts of Money to a Nursing Home

When older adults think of estate planning, many actually have asset protection in mind. What they want is the peace of mind of knowing that the nest egg they’ve been saving for that proverbial “rainy day” will actually be … [Read more...]

No More Reverse Mortgages, Announces Bank of America

Since 2007, my opinions on reverse mortgages have been mixed.  Today, I re-examine my previous articles and prior concerns, due to Bank of America’s monumental announcement Friday that it is exiting the reverse mortgage … [Read more...]

New Hope for Diagnosing Alzheimer’s: Plus, Unlikely Team of Players Unite to Battle Disease

While it's no secret that Alzheimer's Disease can cause confusion in the estimated 5.1 million Americans directly affected by the disease, both researchers and the general public have spent years perplexed by the disease as well.  … [Read more...]

Planning for Long-Term Care (Part 3)

In Part 1 of this series I outlined the necessity to create a good Long Term Care Plan and in Part 2 I discussed the three most essential documents found in that plan. The first essential document is a General Power of Attorney … [Read more...]

Planning for Long-Term Care (Part 2)

"Long-Term Care" refers to the broad spectrum of medical and support services provided to persons who have lost some or all capacity to function on their own due to a chronic illness or disabling condition, and who are expected to … [Read more...]

Don’t Use An Off-the-Shelf Power of Attorney

A durable Power of Attorney is one of the most important estate planning documents you can have, because it allows you to appoint someone to act for you (your "Agent" or "Attorney-in-fact") if you become incapacitated. Without a … [Read more...]