Statistics tell us that most of us will need long term care at some point. For veterans, the Veterans Administration (VA) makes funding available to assist in paying for such care, but it’s easy for these benefits to be overlooked. We’ll look at three of the pension benefits available to veterans. [Read more…]
With Few Laws on the Books, Digital Assets are the Wild West
Estate planning has never been a simple endeavor, but with the advent of digital assets, it’s become an even more complex endeavor. A recent article from The Street, “Don’t Let Your Digital Assets Die with You,” looks at some of the main issues with creating a plan for your digital legacy. [Read more…]
Proposed Law Looks to Simplify Digital Estates
One of the biggest complications in estate planning for digital assets is that the law is still catching up to technology. The Uniform Law Commission has worked for the past several years on a law that could solve that. A recent Investment News article, “New Bill Aims to Ease Access to Online Accounts after Client’s Death” looks at some of the implications of the proposed law. [Read more…]
Planning for Children Struggling with Addiction
Many parents of children struggling with addiction or mental illness are focused on caring for their children and some may have thought about who will care for them after they’re gone. The New York Times article “For Parents with Troubled Adult Children, Financial Hurdles Abound” looks at a few of the concrete steps parents of addicted children can take that won’t unintentionally enable an addiction. [Read more…]
James Brown Estate Battle Rocks On
The James Brown estate battle is one of the more unusual and complex ones we have seen. As some may recall, his estate plan called for his music empire to be put into a charitable trust and used to help needy students. Nevertheless, the will has been the source of ongoing challenges since the musician passed away in 2006. [Read more…]
