Blog Posts Page 9

Many of us have become committed members of the “Do It Yourself” crowd.  Often undertaking projects yourself can provide financial savings over the cost of hiring a professional and can provide the satisfaction of completing a task yourself.  Unfortunately, there are times when “Do It Yourself” can be perilous.  In September 2009 New York State… Read More »

Over the years I have observed that children of older parents are often frustrated because their parents refuse to take the necessary steps to plan for the years ahead when their parents are likely to need help with handling their funds, making health care choices or deciding where to live.  While watching the interaction between… Read More »

If you become incapacitated or pass away, the trauma to your family from that event should not be compounded because they have to start to search for your assets and important papers.  If your family has to take over the handling of your finances, being able to easily determine what assets are available for your… Read More »

I recently read The Last Lecture, by Randy Pausch.  Mr. Pausch was a computer science professor who was diagnosed with terminal cancer.  He had three young children and he wanted to give them a means to know who he was and that he loved them.  During his last months he wrote this book.  The book… Read More »

A successful estate plan requires more than just creating wills and trusts to preserve or transfer your personal property, real estate and monetary assets.  The most basic element of any plan is the identification of the people who are close to you, their needs, abilities, strengths and flaws. With great frustration I have witnessed the… Read More »