by Christine | Mar 29, 2013 | Estate Planning, Individual Retirement Accounts (IRA), Inheritance, Inherited IRAs |
Let's say that someone who is not your spouse recently died and named you as their IRA beneficiary. You now have what the IRS calls an “inherited IRA.” When you inherit money, once you receive it you can usually decide where it goes from there, such as a simple...
by Christine | Mar 28, 2013 | Estate Law, Estate Planning, Mediation, Wills |
…In general, the lasting anger and bitterness of litigation doesn't seem to occur when matters are settled by mediation. Inheritance battles are nothing new. We see several of them make their way into courtrooms far and wide, exposing the family “cat fight” for...
by Christine | Mar 27, 2013 | Elder Care, Elder Law |
Already, 5.2 million Americans have Alzheimer’s or some other form of dementia. Those numbers will jump to 13.8 million by 2050 … The latest numbers are in from the Alzheimer’s Association, and reports show one in three seniors dies with Alzheimer’s or other dementia....
by Christine | Mar 26, 2013 | Elder Abuse, Elder Law, Power of Attorney |
Statistics on power of attorney abuse are hard to come by, but experts recognize it as a prevalent problem. There will come a time at which you will need to legally delegate someone to handle your financial matters. This legal delegation, known as a “power of...
by Christine | Mar 25, 2013 | Estate Planning, Exit Strategy, Small Business, Succession Planning |
Most exit plans I’ve dealt with are some combination of these three basic techniques. And, the lines that differentiate them can be fuzzy. Owning and running a business is tough stuff, and at times you feel the weight of the world on your shoulders. But leaving your...