The population of seniors in the United States is growing rapidly. Data from the U.S. Census Bureau indicates that people 65 and older will make up 20 percent of our country’s population by 2030. Along with this increasing population come increasing reports of elder financial abuse. It is only going to become more and more important for all of us,…
Continuing care retirement communities (CCRCs) often require new residents to pay an entry fee in exchange for lifetime housing and priority access to healthcare, in addition to a monthly fee. These entry fees can be in the hundreds of thousands of dollars. In many cases, a sizable portion of the entry fee may be refundable to the resident if they move…
For most of our clients, the family pets are just that – family. These pets are valued members of the extended family and, for some, the pets are their primary family. With such an important place in the family, it makes sense to want to provide for them if something unfortunate occurs, such as incapacity or death. Often, the only…
This is another installment in our very occasional series on estate planning lessons learned from celebrities. By now you all have heard the sad news that Aretha Franklin has died. She left behind a rich legacy of music she recorded for our enjoyment over her long career. But what she apparently did not leave behind is an estate plan. A…
