Category: Cost of Poor Planning

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What Trusts Do and Don’t Do

2-year-old Cole has a book that talks about the right and wrong ways to do things. Like, “Do wear underwear. But don’t wear it on your head!” WOULD YOU USE A MICROWAVE TO WASH DISHES? The other day I met with a client who wanted to use their microwave as a washing machine. Okay, not [...]

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“You’re NOT the boss of me!!”
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“You’re NOT the boss of me!!”

We all have control issues. Cole, my son, is 2-years-old now. (The Terrible Two’s!) Yes, we have our share of yelling, “NO!!” and throwing full tantrums on the floor. Toddlers are just beginning to understand how they can exert control on the world around them, which makes for an interesting family life for a while. [...]

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Granny Got Robbed: A Series on Elder Fraud

When you see an article in the paper about a senior being taken advantage of, it often involves a power of attorney. A power of attorney is a great legal tool that lets someone else help you pay your bills or manage finances and property. But, watch out! If you name the wrong person, you [...]

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Large Amounts of Cash On Hand Can Spell Trouble
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Large Amounts of Cash On Hand Can Spell Trouble

Cash is King… well, it used to be. There’s nothing like cold, hard cash right? Not where estate planning is concerned. Some people have a tendency to keep large amounts of cash at home. In our experience, this is a recipe for disaster. It may work fine as long as the person is healthy. But [...]

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Post-it Notes Are Not Legally Binding

I once heard of someone asking her grandchildren to go around the house putting Post-it notes on the things they wanted after she was gone. Is it enough to put Post-it notes on things in your house to say who gets them after your death? I suppose it’s better than nothing, but there are definitely [...]

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8 Keys to Effective Long-Term Planning

Long-term Care Planning is one of the biggest issues facing aging adults today. With experts projecting that nearly 60% of all individuals will need long-term care at some point in their life, the issue cannot be ignored. And yet, many surveys and statistics are showing that people are doing just that. Without proper planning, the [...]

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