Why Estate Planning Procrastination Kills Your Options

Estate Planning Procrastination

In my elder law practice, far and above all other concerns is client

procrastination. Most people wait until something bad happens

before they take action or make decisions. Unfortunately, with

eldercare, this can severely limit your options.



Estate Planning for Women

While estate planning is important for everyone, women especially need to understand estate planning and have a plan of their own in place. Here are some issues that are of particular interest to women and their estate planning. (more…)


Women and Alzheimer’s: A Gender Under Siege

Alzheimer’s, the disease that robs you of your memories, your personality, your ability to think, your ability to reason, your motor skills, and eventually your life.

This was the sobering reality for an estimated 5 million Americans aged 65 and older in 2013 – an estimate that is expected to nearly triple by 2050. (more…)


These States Will Usher in Changes to Their Death Taxes in 2016

In 2015, there are still 20 U.S. jurisdictions that collect a death tax at the state level: Connecticut, Delaware, District of Columbia, Hawaii, Illinois, Iowa, Kentucky, Maine, Maryland, Massachusetts, Minnesota, Nebraska, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Tennessee, Vermont, and Washington. Even if you don’t live in one of these states, the state estate tax may affect you in the future since many people move from time to time. It may affect your beneficiaries, because they may live or move to one of these states. (more…)


‘Till Death Do Us Part, Too: Estate Planning Tips for Commitment Without Marriage

Advice columnist Ann Landers once observed that “love is friendship that has caught fire.” If that’s true, there are thousands of ways for that blaze to unfold. For many Americans, such devotion and passion do not need to be neatly formalized as marriage.

In fact, our cultural norms are shifting, and quickly. Consider the following:

  • Per the U.S. Census Bureau, approximately 112 million people in the U.S. are unmarried;
  • 45 percent of our country’s households are “unmarried households.”
  • In 2013, the CDC found that “cohabitation [without marriage] is now a regular part of family life in the U.S.”

Unfortunately, the law has not kept up with these societal trends. If you and your significant other love each other but don’t want to tie the knot, you need an estate plan that takes into account your specific situation while protecting you both, along with any other family members or loved ones you wish to include. (more…)


Four More Common Estate Planning Mistakes

Here are four more common mistakes in estate planning. If your plan is in place and current, this will serve as more validation that you are on the right track. Feel free to share this information with friends and family members, especially those who may not have a plan in place. (more…)


Long-Term Care Planning, Part 1: A Central Requirement

Health care has been the topic of discussion lately, but the greatest threat to your financial health is long-term care. This is the kind of care you need if you are not able to perform normal daily activities (such as eating, dressing, bathing and toileting) without help, and it is expected that you will need this help for an extended period of time, often for the rest of your life. (more…)


One Last Thing: Don’t Miss These 2015 Hot Estate Planning Topics

In case you missed any of them, here is a rundown of six hot estate planning topics we covered this year:


1. 5 Things You Need to Know About the ABLE Act: On December 19, 2014, President Obama signed the Achieving a Better Life Experience Act (ABLE Act) into law. The Act will allow certain individuals with disabilities to establish tax-free savings accounts that can be used to cover expenses not otherwise covered by government sponsored programs. This blog covers five important things you need to know about the Act: (more…)