While most parents have the inclination to treat all their children equally when it comes to an inheritance, I know that this is not always the wise choice. Here are some scenarios when an unequal distribution may be better: Children of unequal wealth – If you have one child that …
Each day, new technology is introduced and adopted into our daily lives. For example, it is hard to imagine that the iPhone® was first introduced to us in 2007. Five years later, most of us have either adopted it or an android cellular phone into our daily lives. This technology …
People often wonder about the value of using irrevocable trusts in Medicaid planning. Certainly gifting of assets can be done outright, not involving an irrevocable trust. Outright gifts have the advantages of being simple to do with minimal costs involved, including the cost of preparing and recording deeds and the …
Well, it’s official: Our adopted black kitties are members of the family without prejudice. You may remember my telling you when Karen and I brought them home. They are really cute and provide us a lot of entertainment and, of course, love. (Did you know it’s been proven that one’s …
