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…
Lawmakers have been addressing age discrimination since the 1960’s without much success as it remains a significant problem today. According to study.com, age discrimination is defined as "the practice of letting a person's age unfairly become a factor when deciding…
Retirees often rely on family and friends to assist in handling their health and financial matters. They often believe that their family members will be able to take care of any issues that arise. While consulting with loved ones about…
In estate planning, a letter of instruction is an important component of the overall plan. It is an informal document that will give your loved one’s important information about personal and financial matters after your death. Letters of instruction are…
Estate planning and elder law are both alike, but on the flip side, they are also quite distinct. The Concerns are Similar No matter what age we’re in, life can deliver some hard knocks. Hope for the best, but plan…
A trust is set up to manage a person’s assets and property, and this trust is overseen by an appointed person. The person or entity who manages the trust is known as the “trustee” and is entrusted with the responsibility…
About 50% of Americans do not currently have a will. While a will is a necessary document that every person who owns assets should have, it is still a relatively simple document that may not cover everything you want it…
When a family member has passed, the family sometimes ends up arguing over personal property. Arguments can take place over things like a coffee mug, a piece of jewelry, or a painting. These types of arguments can be eliminated by…
Many older Americans are willing and able to work, however, in April 2020 the unemployment rate for eligible workers 55 and older increased to 13.6 percent. COVID-19 restrictions and associated layoffs account for some unemployment increases, but so does the…
In America, a lot of parents do not live close to their children. Managing aging parents or in-law medical events can be a serious challenge without proper preparation and understanding of what your parents' strategy may or may not be,…