ARTICLES

10 Things to Do After a Dementia Diagnosis

10 Things to Do After a Dementia Diagnosis

Receiving a dementia diagnosis can be overwhelming, both for the individual diagnosed and their loved ones. Here are some steps and recommendations on what to do after someone receives a dementia diagnosis: Educate Yourself Learn about the specific type of dementia that has been diagnosed. There are multiple types, and understanding the symptoms, progression, and...
Scams and Fraud Affect All of Us

Scams and Fraud Affect All of Us

As technology advances, so do the methods scammers use to prey on all of us, and often we become more vulnerable as we age. Scams targeting seniors are on the rise, often resulting in significant financial losses and emotional distress. In this blog post, we’ll discuss the common scams that target seniors and provide valuable...
How A Residency Agreement Impacts Life In Assisted Living

How A Residency Agreement Impacts Life In Assisted Living

When you move into a continuing care community or assisted living community, there are many things that you need to consider as you transition to your new living environment.  This article will cover the impact the Residency Agreement will have on life in your new community regarding their policies on issues such as visitors, common...
Maximize Your Legacy by Minimizing Estate Tax Exposure

Maximize Your Legacy by Minimizing Estate Tax Exposure

Death is an inevitable part of life, and while we can’t control when it happens, we can certainly take steps to control what happens to our assets after we’re gone. One of the financial considerations is estate taxes. Sometimes known as inheritance taxes or death taxes, estate taxes are levied on the estate of a...
Is an ILIT a New Texting Shorthand?

Is an ILIT a New Texting Shorthand?

Although it may sound like something you use when texting your friends, an ILIT is actually an irrevocable life insurance trust. An ILIT is a type of trust that is funded during your lifetime by a term or permanent life insurance policy and pays out proceeds of the policy upon the insured’s death.  Since it’s irrevocable, the...
5 Important Vacation Preparation Items

5 Important Vacation Preparation Items

Summer is in full swing and many of us are planning vacations – maybe it’s a local holiday to New England’s beaches or the mountains, or possibly something that requires air travel, like a trip to the west coast or “across the pond” to Europe. Before you leave, take some time to review your estate...
Your Vacation Home is a Treasured Heirloom

Your Vacation Home is a Treasured Heirloom

Vacation homes can mean many different things:  the center of cherished family memories; a reliable vacation spot; an investment for now and in the future.  Passing your beloved vacation property to future generations takes careful planning.  Not surprising, there is no one-size-fits-all planning option to ensure that this treasured real estate is protected from challenges...
3 Legal Documents Young Adults Need

3 Legal Documents Young Adults Need

Whether it be heading off to college, a gap year, or entering into the workforce, once our kids reach the age of eighteen, they enter the world as “adults” and are no longer legal minors. We can only hope that we have fully prepared our children for what lies ahead, however there is always the...
Preserving a Crafty Legacy

When grandma died last year, it was a loss felt by the entire family.  She was the anchor for the family and an avid knitter.  During her life, she knit a special blanket for each of her grandchildren.  These unique, “made from the heart” items provide a loving reminder of her.  But, when it came...

The Best Next Step

Question: “I had noticed that my mom was starting to be a little more forgetful and having some trouble caring for herself. Mom’s neurologist determined that my mom is in the early stages of dementia. What do I do now?” We sympathize with our clients that have to navigate this type of challenge. The best...