Estate planning: Waiting can be costly to your family

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By Cathleen Summers Do you know what happens if you die without a will? The courts will decide who will raise your children, manage your...

Demystifying probate part III: rumors and reality

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By Linda T. Cammuso Last month, I discussed the use of living trusts as an effective technique for probate avoidance and contrasted trusts with some...

Aid & Attendance for veterans: Changes on the horizon

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By Linda T. Cammuso Aid and Attendance is a program of the Veterans Administration (VA) that provides benefits for veterans and surviving spouses who require...

The basics of Medicaid: What you can and cannot keep

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By Margot Birke In order to understand Medicaid qualifications, you first need to know how Medicaid treats your assets. Basically, Medicaid breaks your assets down...

Plan for your future long-term care needs, now

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You may be taking care of elderly parents now or looking at that possibility in the near future. According to a report from USA Today/ABC News/Gallup Poll, 41 percent of baby boomers are helping take care of elderly parents by providing personal help, financial assistance or both.

Steps to take to plan for long-term care needs

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By Cathleen Summers Statistics can be sobering, particularly when we are talking about long term care. According to a January, 2005 AARP article entitled A...

Who should you leave that diamond ring to?

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By Linda T. Cammuso A new client recently told me that he has been delaying the task of updating his will since his wife passed...

Real estate developers offer choices to baby boomers

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By Margot B. Birke The baby boomers are coming and real estate developers and health care providers are rushing to fill the desires and needs...

What happens when a loved one gives you a Power of Attorney

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By Cathleen Summers A Power of Attorney is a document that allows a person (the principal) an opportunity to authorize an agent — usually a...

Four common estate planning mistakes

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By Linda T. Cammuso Avoidance behavior is easy and we all practice it to an extent. More often than not, though, people make mistakes by...