Archive | Finance & Work

Steps to take to plan for long-term care needs

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 Report to the Nation on Independent Living and Disability, the lifetime probability of becoming disabled in at least two activities of daily living or of being cognitively impaired is 68 […]

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Demystifying probate: rumors and reality

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 of the risky or unfavorable techniques people often use to avoid probate (such as titling assets in children’s names). People’s efforts to avoid probate are often motivated by fear of […]

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Alzheimer’s diagnosis should spur financial, legal plan

By Cathleen Summers According to statistics recently released by the Alzheimer’s Association, there are 5.4 million Americans who suffer from Alzheimer’s disease. Every 69 seconds, someone is diagnosed with the illness and it is now the sixth leading cause of death in the United States. Receiving a diagnosis of Alzheimer’s or some other form of […]

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National Healthcare Decisions Day draws attention to estate planning

By Margot B. Birke April 16, 2011 was the fourth annual National Healthcare Decisions Day. Sponsored by the American Bar Association, the National Healthcare Decisions Day (NHDD) Initiative “is a collaborative effort of national, state and community organizations committed to ensuring that all adults with decision-making capacity in the United States have the information and […]

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Demystifying probate part II: avoiding court

By Linda T. Cammuso Last month, I discussed the probate process and people’s efforts to avoid probate, which often results in needless exposure of their assets and loss of significant income tax benefits. For those who wish to steer clear of probate court, there are many alternatives to joint ownership (adding someone else’s name to […]

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Finance, bull, market, stock

2 years after market low, the little guy is back

“It didn’t feel right to be back in until now,” said Richard Dukas, who heads a public relations firm in New York City. “I still don’t want to put all my money in the market, but I believe we’ve come through the worst of it.”

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