Category Archives for Uncategorized
The Power of a Living Trust: Top 3 Reasons Why You Need One
It is a major mistake to not have any legal instrument in place organizing what will happen to your estate if you pass. But it could be an even bigger mistake not to have a living trust. As you’ll see after reading this post, a living trust is a versatile estate planning tool that has […]
Continue readingYour (COVID-19) “LEGAL” Checklist
I want you to know that I personally (and the Oseran Hahn law firm), share the concerns of every individual, family, and business as our country faces this unprecedented time in our lives. We echo the reassurance of health care experts that we can all get through this together. We add to that our commitment […]
Continue readingIt doesn’t have to have monetary value to be important to your estate
SmartBusiness recently highlighted the fundamentals of a “well-thought-out estate plan,” with topics that everyone should consider – whether prince or pauper. One of their interesting points was that if you are working with an estate planning attorney, most likely the important areas are going to be properly addressed, including the impact of pending changes in […]
Continue readingHiring a caregiver is trickier than you think
Recently my estate planning colleague in Hawaii, Scott Makuakane, posted these helpful comments on engaging caregiver(s) for those needing such services. As with so many things in today’s world, it is not as simple as it seems. I share this information with you as a “heads up” for when such a need may arise within […]
Continue readingFINAL INSTRUCTIONS
Recently one of my estate planning colleagues, addressed the importance of "Final Instructions". This type of information is similar to an instruction manual that steps us through arrangements that we should address in advance of the inevitability of our passing. We rarely get an instruction manual at birth, but we surely can leave one before […]
Continue readingThree Classic Estate Planning Blunders
As we push our way through Tax Month, we are reminded of the importance of the basics of estate planning. My estate planning colleague in Hawaii, Scott Makuakane, recently posted the following article to revisit three areas we should avoid in estate planning. His article reflects the practical experience that comes his practicing estate planning […]
Continue readingFinancial Parenting Tips
Every parent is challenged to prepare their children for living meaningful lives and managing their affairs responsibly. Here are a few parental tips to help set the tone for your children and their approach to handling the money you provide. My thanks to my WealthCounsel colleague, Wayne Ball, for turning my attention to these financial […]
Continue readingEstate planning for the rest of us
My WealthCounsel colleague, Suzann Beckett, offers an answer to one of the most often-asked questions I encounter in social gatherings. An acquaintance asked me about estate planning, not long ago. They weren’t asking for professional advice, they were literally asking if I could explain what estate planning is, and how it might affect them. It’s […]
Continue readingCompensating Caregivers
One in Seven Americans are Caregivers There are some serious issues looming on the horizon for baby boomers. Almost one in seven Americans looks after a disabled person age 50 or older. Many compensated and many not compensated, but it is a rapidly growing number (the number has jumped 28% since 2004). It’s an emerging […]
Continue readingFiling for Bankruptcy: What Can You Protect?
With 1.6 million Americans expected to file for Bankruptcy this year, we know that at least these 1.6 million and very likely many more researching the bankruptcy option have been asking the same basic questions. “What can I protect?” “What will be left?” A recent article in the Wall Street Journal Digital Network addressed these […]
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