In 2013, the Pew Research Center released a study showing that nearly half of middle-aged Americans, in their 40s and 50s, were “sandwiched” between aging parents and children. Much more concerning was the finding that one out of seven adults in the same age range were providing financial su…
The Alzheimer’s Foundation of America will be providing free, confidential memory screenings digitally through its National Memory Screening Program from 10 a.m. to 4 p.m. every Monday and Wednesday starting July 8.
Estate planning documents often are treated like the photocopied permission slip for a child’s field trip. You fill in your name, include the children’s names and dates of birth and sign. The document is filed away to be used if needed, but you really never expect it to be used.
According to a 2018 survey by Northwestern Mutual, the average household debt for older Americans was $36,000 and comprised of mortgage obligations, credit card debt and automobile loans. While the figure owed is less than other age groups, the study found this same age group has less in sav…
When discussing beneficiaries in estate planning, the least popular beneficiary usually is the federal government. Most people have some level of concern about the taxes that will be paid for transferring their estate and many people take additional planning steps to keep the federal gov…
It is hard to fully grasp the level of change our world has experienced over the last six months. In the face of a deadly pandemic, our own nation has encouraged widespread isolation in the hope of protecting those most vulnerable.
Nursing facilities across the country have taken significant steps, whether voluntarily or by executive order, to protect residents from highly contagious illnesses. The precautions regarding coronavirus are similar, albeit much more stringent and longer lasting. However, the shutdown of gov…
Regardless of whether you intentionally include minor child beneficiaries in your estate planning documents, protecting for them is important. Just as we need to prepare for beneficiaries who may be disabled at the time of distribution, we also need to prepare for the possibility someone rec…
In an unprecedented time of social distancing and orders to remain at home, nearly every aspect of normal life has been affected. Although essential workers, such as grocery employees, medical staff and police officers have remained at work, many other necessary functions of society and gove…
Kentucky has the second-highest rate of seniors with underlying health conditions, according to QuoteWizard’s recent U.S. report, which is of heightened concern because of the coronavirus outbreak.
A common concern for those considering estate planning is whether their documents will be amendable after they are created. While the answer in general is nearly every estate planning tool can be modified, the specific method varies according to the document.
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