When writing a will, I read that I could leave my property to my children “per stripes.” Why is the law talking about us like we’re some kind of zebra? The phrase is Latin and it is “per stirpes,” not…
The COVID-19 pandemic underscores the importance of advance care planning and directives. Responses to vaccinations and understanding their efficacy, reinfection potential, and long-haul symptoms resulting from COVID-19 continue to baffle our scientific understanding. It appears the coronavirus will continue to…
It may seem simple to leave your property to your heirs. You make a will or a trust, you do a transfer-on-death deed for your real estate, you put your kids on your bank account, you designate beneficiaries for your…
It is natural for families to step into a caretaking role when a relative is injured, ill or elderly. The love and care many adult children receive growing up become reciprocal, particularly in the case of their aging parents. But…
The House Ways and Means Committee approved President Biden’s Build Back Better Act’s (BBBA) tax provisions, a major step towards passage of the bill. As the draft now stands, the legislative proposal may restrict the abilities of higher net worth…
According to Florida Today, 46 million Americans own the well-known crypto asset, Bitcoin and the number of people owning cryptocurrency is growing steadily. Bitcoin was created in January 2009 by Satoshi Nakamoto as a peer-to-peer electronic cash system. This digital…
The House Ways and Means Committee approved President Biden’s Build Back Better Act’s (BBBA) tax provisions, a major step towards passage of the bill. As the draft now stands, the legislative proposal may restrict the abilities of higher net worth…
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…
Retirement planning is becoming a more urgent matter for Gen Xers as they enter their 40s and 50s. There are many things to consider, including finances, investments, insurance policies, legal documents, living arrangements, and healthcare. It is advisable to make…
My uncle got critically ill and ended up in the hospital. He asked me to take care of his bills while he is incapacitated. Back in 2002, he named me as his financial power of attorney, so I could write…