Do You Need a Revocable Trust? 4 Reasons the Answer Might be Yes
The topic of trusts versus wills can be confusing, especially when a term like “revocable trust” is tossed into the mix. Many of us might shy away from asking our attorney if a revocable trust is right for us, simply because we may not understand what the term means.
But...
How Failing at Long-Term Care Planning Can Hurt Those You Love
Oftentimes the best way to prepare for a journey – in this case, the journey of long-term care planning for a loved one – is to talk with those who have been there. We know how long-term care planning is supposed to go when the process unfolds smoothly. But what if we...
Can Adult Kids Be Held Legally Responsible for Parental Support? In Some Countries – and Some States – the Answer is Yes
Here at AgingOptions, we feel we’ve seen it all when it comes to relationships between aging parents and adult children. In some cases, these relationships are wonderful models of love, respect and support; in other families, plagued by bitterness and old wounds, parents and...
Before Signing That Divorce Agreement, Make Sure Your Rights to Retirement Savings Will Be Protected
Several months ago we were reading financial columnist Michelle Singletary’s column in the Washington Post when something in the article really grabbed our attention – a reader comment buried far down in the column that set off warning bells. We felt this information...
Some Surprising Things Millennials Want to Hear from Boomer Parents
Here at AgingOptions, one of the hallmarks of our LifePlanning process involves clear, complete family communication. Over the years we have dealt with many difficult situations in which Mom and Dad never sat down with their adult kids to go over their retirement plan and...
Many Families are Resolving Conflict through Elder Mediation
We’ve said it many times, in our printed materials and on the radio: few conflicts can become more contentious than family conflicts. Tragically, this is especially true when it comes to issues relating to elder care. We think that’s because, in conflicts over how to care for...
Casey Kasem Family Controversy Prompts Preventive Legislation
His case dominated the entertainment headlines in mid-2014. The legendary Casey Kasem, whose rock and roll radio career spanned nearly six decades, was dying – but a feud between his children and their step-mother over Kasem’s condition and whereabouts, and a complete ban on...
CNN Expose: Could Your Aging Parent be among Psychic Scam Victims?
We just read a brand new article on the Money website of CNN that is both shocking and deeply frustrating. It describes a mammoth case of fraud that has been victimizing gullible people, most of them seniors, for more than 20 years. CNN is devoting several weeks to...
Letting a Computer Plan Your Estate: Is It Worth the Risk?
Software programs and Web sites selling customized, do-it-yourself wills and other estate planning documents seemingly offer a cost-effective and convenient alternative to visiting an estate planning attorney. After all, does anyone really want to discuss their dying wishes...
