Cryptocurrency is a digital asset and as such needs to be addressed differently than traditional estate planning assets. Crypto-assets may comprise significant individual wealth in the forms of cryptocurrencies like Bitcoin and noncurrency blockchain tokens. If you own any of…
Initially, it may seem as though life insurance does not have much impact on your estate plan. However, life insurance can be an integral, indispensably important part of a well-thought-out estate plan. There are numerous other benefits to owning a…
There are more than 5 million Americans suffering from Alzheimer’s disease. Projections by the Alzheimer’s Association (alz.org) are that by 2050 more than 14 million Americans will suffer from this disease. What can you do if you are medically diagnosed…
In estate planning, it is common that parents divide the inheritance equally among the children. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be that…
Probate is the legal process of handling the estate of someone who has passed, where an executor assists in the distribution of the assets, clearing any debts, and finalizing any taxes owed in accordance with the will. To begin probate,…
You may have seen a friend or loved one suffer for a long time with Alzheimer’s. In the final stages of this and other dementia diseases, there comes a time when the person can no longer speak, recognize loved ones,…
The US Food and Drug Administration (FDA) recently approved a new drug under the trademark Aduhelm™ to treat Alzheimer’s disease. The drug, Aducanumab, is a therapeutic drug that clinically demonstrates a potential to delay further decline from Alzheimer’s disease and…
If you want to address issues in both business and in more personal realms when you pass, you may want a letter of intent (LOI). Your LOI is a valuable piece in your estate planning, and although it is an…
If your beneficiary is no longer, what happens to your inheritance? You may be wondering whether if you leave property to your brother Jim, but he dies before you, would his kids inherit the property in his place? The answer…
A Caring.com survey about wills shows the number of Americans with a will has had a minimal increase of only 2.5 percent over the past year. Overall, the percentage of those with a will continues to decline, 33 percent in…
