Dear Clients and Friends, It is likely that you have heard of “gray divorce” in recent years, referring to when couples over 50 get divorced, often after decades of marriage. Along with gray divorce comes “gray marriage,” when elderly persons get married in their 50s, 60s, 70s … [Read more...] about Do you need a prenup for a later-in-life marriage?
Dear Clients and Friends, By some accounts, 70% of adult Americans do not have any formal estate planning documentation - such as a Will or a Revocable Living Trust. If you have at least gone to the trouble of doing this, consider yourself ahead of the curve and pat … [Read more...] about Take the time to update your estate planning document
Dear Clients and Friends, If you’re like most people, you don’t like to contemplate your own mortality. After all, you’re enjoying life and if you’re in your 50s, 60s or even 70s, that’s not really considered very old these days. That feeling is why so many older Americans … [Read more...] about When and how to talk to your adult children about your finances
Dear Clients and Friends, How hard would it be for you, as a divorced parent, to relocate with your children? In some states, a parent with custody must give the other parent (whether that parent has shared custody or not) written notice of his or her plans. If the other … [Read more...] about Relocating with kids after divorce
Dear Clients and Friends, As is well known the U.S. Supreme Court has legalized same-sex marriage throughout the country and a lot of gay couples who have lived together for many years have, or are getting married. And while every engaged couple should at least give some … [Read more...] about Same-sex couples should consider prenups
Dear Clients and Friends, When setting up a revocable trust, you need to be diligent about asset transfers, beneficiary designations and funding formulas. Failure to complete certain steps can prevent the trust from acting as you intended, creating additional cost and … [Read more...] about Avoid these mistakes when setting up a trust