One of the most frustrating parts of attempting to be a care giver, or even an advisor, to an elderly parent is finding that our help is not wanted even when it is clearly needed. Anyone who has raised a teenager is familiar with this dynamic. Most teenagers eventually muddle through. The older adults in our lives may not, with disturbing consequences. How do you help the parent who doesn’t want your help?
Did Aretha Franklin leave a will? Three handwritten “wills” have been found. Are they written by the Queen of Soul? Are there more? Are they really wills? If so, which will be followed? Will it distribute her estate the way she wanted? Will it lead to problems and a lawsuit? The Queen of Soul did not intend to tie her family up in uncertainties and lawsuits, but she has. Don’t do this to yours.
All of us should consider leaving an estate in a form which minimizes our heirs’ income and capital gains taxes. These three important possibilities should be considered when planning inheritances so that we leave a “low tax” inheritance.
Today we are living longer than ever, managing conditions which would have killed us a few short decades ago. We are living for years with high blood pressure, high cholesterol, diabetes, decreasing mobility and slower mental processing. We want to stay in charge of our medical care, our personal care and our finances. How do you take charge of medical care?
Hamilton’s remains are interred at Trinity Church Graveyard in Lower Manhattan, a boon to street vendors selling to fans of the musical but to no one else. What do you want to happen to your earthly remains?
Time is shorter than you think. And even if it isn’t, wouldn’t you rather have peace of mind? These 9 tips for your legal documents will bring you peace of mind knowing that everything is up to date and in order.