By Donna Fuscaldo, Investopedia It seems like many people devote more time to planning a vacation, choosing a car to buy, or even selecting a spot to eat dinner than they do to estate planning—deciding who will inherit their assets after they’re gone. It may not be as fun to think about as booking a...

An often-overlooked aspect of elder abuse is cybercrime – and it’s a problem that’s getting worse. In 2020, the FBI reported a record amount of cybercrime complaints — nearly 800,000 — adding up to over $4.1 billion in losses. More than half of those losses were suffered by people ...

By Susan M. Keenan  Although many people know where their personal records are stored, they forget to let other family members know where they are. It is important to find a secure location for storing all of your important personal documents.  Keeping your personal records in a safe and secure loca...

If you add up the value of everything you own and subtract the value of everything you owe, that’s called your net worth. When you pass, it’s called your estate. While you’re still alive, you have the opportunity to designate how to divide your estate among your family and friends ...

According to Dr. Joseph Lapado, “90% of deaths from Covid-19 are among those over 55…death rate would be expected to plummet if the older and vulnerable were protected effectively (by getting vaccinated) …”. This issue formed the basis for the conversation between selected New York City ...

One of the most important legal documents an individual can sign does not take effect until after their death. Why would people care about what happens after they are gone? Because they cannot take their assets with them, people may want to ensure the property they leave behind is distributed as the...

Have you been trying to convince a family member to do their estate planning? If so, you know exactly how frustrating and uncomfortable it can be to discuss this issue with someone who keeps procrastinating.   Nobody wants to discuss anything having to do with their deaths. Unfortunately, passing aw...

Advance care planning involves learning about the types of decisions that might need to be made, considering those decisions ahead of time, and then letting others know—both your family and your health care providers—about your preferences. These preferences are often put into an advance directive, ...

There are many different types of legal documents that can help you plan how your affairs will be handled in the future. Many of these documents have names that sound alike, so make sure you are getting the documents you want. Also, State laws vary, so find out about the rules, requirements, and for...

Developing a trust is another beneficial pre-planning tool to capitalize on when organizing your estate.  While your lawyer or financial advisor can walk you through different policies that may benefit you, a living trust is of utmost importance for you and your family.  Virtually, this type of trus...