By Jennifer Triplett | Published May 10, 2018 | Posted in Uncategorized | Comments Off on The Staggering Costs of Dementia
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The Staggering Costs of Dementia
Most of us know of someone who has been diagnosed with dementia. It is a costly and heart-breaking condition that is nearly doubling in numbers every 20 years. Dementia has affected the likes of Norman Rockwell, E.B. White, Rita Hayworth, Charlton Heston, Ronald Reagan, Charles Bronson, Margaret Thatcher and many others. What is Dementia? Dementia Read More
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10 Reasons to Create an Estate Plan Now!
Many people think that estate plans are for someone else, not them. But as the following list makes clear, estate planning is for everyone, regardless of age or net worth. 1. Loss of capacity. What if you become incompetent and unable to manage your own affairs? Without a plan the courts will select the person Read More
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Estate Planning 101: What Is a Will vs. a Trust Anyway?
Even if you are a person of modest means, you have an estate—so everyone needs an estate plan. The right plan depends on your individual circumstances. For some, a living Trust can be useful. For others, a Will may be all that is needed. What is a Living Trust anyway? And how does it differ Read More
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Do I Still Need Estate Planning If I Have TOD’s on All My Accounts?
We often get this question from many clients who think or have been told by financial advisors that they do not have to have any estate planning if they have TOD designations (Transfer On Death) on their bank and financial accounts. So let’s talk about the benefits and detriments of TODs. The principal advantage of Read More
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What Kind of Estate Planning Attorney Do You Really Want?
You’ve heard the saying, “Lawyers are a dime a dozen” and it is true! With so many lawyers out there, it is important to know what to look for in a good estate planning attorney. Here are five key points to consider when searching for a lawyer that’s best for you: 1. Connection: You Read More
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3 Reasons Why It’s Important to Have a Trust
I was talking with a woman recently about estate planning. She wanted to know if she needed a will even if she had a trust in place. I then asked her if she knew what would happen, if she died with an asset in her name that was not in the trust. Her eyes got Read More
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The Unknown Danger of Re-Titling Your Home the Wrong Way
I recently met a woman, by the name of Alice, who had inherited a family farmhouse from her parents many years ago. Over the years, Alice invested her hard earned money along with lots of love to restore the large Colonial home. To ensure that her son, Jim, would receive the home after she died, Read More
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3 Common Mistakes When Marrying Later In Life
For people in North Carolina, one of the surest ways to stir up conflict and create legal battles that go on long after you die, is to get married later in life and avoid discussions such as, “Should we have a Pre-Nup?” and “How will getting married affect my estate?” 1. I was working with Read More
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Procrastinating Could Be Downright Excruciating for Your Family
Have you heard the saying, “You are just buying time?” The funny thing is, there is no way to buy time, and there is no way to get it back once you have spent it. Even more important is that everyone’s time will come to an end, but no one knows when! All too often, Read More
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5 Perfect Situations to Bring up Estate Planning with your Parents
Even though we all know there is no way to avoid death, it is understandably an unpopular topic of conversation. As your parents age, it will make things easier on everyone if they have an estate plan in place, particularly for the unexpected events in life. The following five situations are opportunities that would be Read More
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