“The wealthy make a difference in many ways,” the U.S. Trust "Insights on Wealth and Worth 2016" survey revealed, including: Donating to not-for-profit organizations Volunteering time, skills, and service Serving on boards Considering societal and environmental impact...
It’s really too bad. The relationships among family members may have been very loving and congenial. The estate plan may have been developed with the greatest care and fairness towards all heirs. But, when property passed on from one generation to the next turns out...
“Lump sums can come from several different sources – a pension payout, inheritance, the sale of property or a business, or even winning the lottery,” observes financial advisor Jennifer, of Portfolio Solutions. In the debate about whether dollar cost averaging is the...
Two and a half months after Prince’s death, the distribution of his estate seems no clearer. The list of those claiming they deserve a share of the inheritance from late singer Prince Rogers Nelson appears to be growing by the day. The basic problem? Prince died...
When we’re assisting our clients who are wartime veterans or surviving spouses of wartime veterans obtain the VA benefits they deserve, we go in knowing that is no easy task. Of course, part of the difficulty is a natural result of the sheer size of the Veterans...
“We want you to know how VBA is performing on behalf of our nation’s Veterans, their families, and their survivors” is the opening sentence on the U.S. Department of Veteran’s Affairs website. Here’s the big picture, according to the VBA: VBA currently serves nearly...
Our senior clients suffered a big disappointment in January – after years of getting a “raise” in their social security benefit, alas, there was no cost-of-living increase for 2016. And just why was the cost-of-living adjustment withheld this time? As Jonathan...
With the legalization of same-sex marriage, there have been many changes with regard to estate and retirement planning for same sex couples. While married couples have certain estate rights and obligations by law, unmarried individuals in committed relationships with...
Elder abuse has changed from a subject rarely discussed to a national dilemma that gains media headlines, Jonathan Golding writes on the National Consumer Law Center website. Unfortunately, Golding notes, when an elder abuse case reaches the courtroom, a juror’s task...
If a son or daughter signs a nursing home admission form for a parent as “Responsible Party”, does that mean the adult child is responsible for paying the bill if the patient runs out of money? An interesting 2014 ruling in the Indiana Court of Appeals provides a...
