By Linda Nwoke Francis Bacon, an English philosopher, once wrote that ‘knowledge is power and “It is natural to die as to be born.” Arguably, the notion of life and death is an oxymoron, but in reality, death is a part of life; none can exist without the other. Yet, the topic of de...

By Elizabeth Necka, Division of Behavioral and Social Research, NIA With nearly 70% of Americans over the age of 65 now fully vaccinated against COVID-19, many older Americans are once again safely hugging their (fully vaccinated) loved ones and returning to regular activities after more than a year...

By Michelle Ullman, Investopedia Somewhere between a corporation and a partnership lies the limited liability company (LLC). This hybrid legal entity is beneficial for small-business owners and is also a powerful tool for estate planning. If you want to transfer assets to your children, grandchildre...

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...