Tax laws change, so do lives. You could be missing out on planning opportunities, or forget to make an important change that cannot be fixed after you pass. Creating an estate plan entails a detailed review of every aspect of…
Putting money into an IRA is not complicated, but taking it out can be tricky. Warning: mistakes can be costly! Does your 70th birthday fall before or after July 1? That is an important factor in determining when you must…
Conflicts between family members actually lead the list of threats to inheritances. Wealthy families and business owners are advised to plan proactively to prevent estate battles. If there’s a generous inheritance in your future, be aware that the relatives you…
A stage version of the novel was optioned by the author months before she passed, but now the estate is alleging that producers have broken the contract, with too many changes from the original novel. The first draft of a…
Before he devoted more than a decade to playing the retired father of TV’s “Frasier,” John Mahoney was a well-known actor, appearing in plays and movies. The size of his estate and the expected number of beneficiaries is evidence of…
It’s a sad fact, but many of the worst crimes against seniors are committed by members of their own family, and most of them go unreported. Elder abuse, including financial abuse, often starts when relatives ask their victims to provide…
With no prenup, millions at stake and a desire to keep a low profile, this former mayor may find himself at the center of an ugly divorce—again. The deck on the split between Rudy Giuliani and his wife Judith is…
An unlikely marriage between a caregiver, who had already been married five times, to an aging man, resulted in claims of abuse and a lawsuit against the caregiver. The family of James Donald Hess recently filed a petition in San…
Today’s technology has led to the creation of over-the-counter devices that are more affordable than hearing aids, which are often not covered by Medicare. One of the least acceptable signs of aging for Baby Boomers is to need to wear…
It’s the worst-case scenario: you become ill or are injured and can’t convey your wishes for end-of-life care. Having an advance directive as part of your estate plan is good. However, it’s just the start. Once you have an advance…