by Eve Kaplan, CFP(R) Practitioner Like millions of Americans, I’m hooked on Downton Abbey. If you’ve somehow missed this sensational TV phenomenon, Downton Abbey chronicles the wealthy Crawley family and their estate in 1910-1920s England. Lord and Lady Grantham head up the large, affluent Crawley household teeming with family and servants. There is plenty of […]
Category: Estate/Elder Planning
Widowed…And Directionless?
by Eve Kaplan, CFP(R) Losing your spouse prematurely may be your worst nightmare. That’s when you discover who your real friends are, which relatives you can count on — and the unbelievable time and stress involved in sorting through complicated legal and financial issues that immediately land in your lap. Some well-intentioned friends or family […]
Are You Committing These 13 Financial Risks?
Financial Risk is like driving a motorcycle or a car. If you speed down the highway on a motorcycle without a helmet, your risk of an accident is increases. If you ride the same motorcycle at lower speeds and wear a helmet, you reduce your risk but incur more risk than driving a car. However, […]
Steps To Avoid Financial Fraud
Here are some issues to be aware of – and steps to take – to avoid becoming a target of financial fraud. Some of the worst cases of financial exploitation concern the elderly. Elder Fraud: Sadly, older adults easily can become targets of financial fraud: sweepstakes and lottery fraud, phishing fraud, phony charitable solicitations, etc. […]
Consider Having These Vital Estate Documents
Consider Having These Vital Estate Documents By Eve Kaplan, CFP® Practitioner Are you familiar with the term ‘Longevity Law’? This term was coined by an Elder Care Attorney to refer to the new generation of legal documents tailored specifically to Boomers and our aging parents. Some of these may be familiar to you (Power of Attorney, […]
Consider Updating These Vital Estate Documents
Consider Updating These Vital Estate Documents By Eve Kaplan, CFP® Practitioner As Boomers get older, they’re learning (sometimes too late) that having the right kind of estate documents for our aging parents can prevent family meltdowns. Standard estate documents can get a “make over” and there’s a new generation of legal documents tailored specifically for […]
Tough Talk for Adult Caregivers of Aging Parent(s)
Tough Talk for Adult Caregivers of Aging Parent(s) By Eve Kaplan, CFP® Here are some startling statistics regarding the prevalence of a somewhat ignored subset of the US population: adult children caring for their aging parent(s). Did you know approx. 21% of our adult US population (44.4 million people) are caring for their parents in […]
Special needs Financial Planning Issues
Special Needs Financial Planning Issues by Eve Kaplan, CFP(R) If you’re the caregiver of a special needs child or adult, you may find yourself in an unfamiliar new world of perplexing medical, emotional and financial concerns. For many, caregiving does not stop when a child reaches the age of 18 or 21 — it can […]
What to Do About Aging Parents: A 15 Pt Check-List
What To Do About Aging Parents: A 15 Pt Check-List By Eve Kaplan, CFP® A hundred years ago people were extremely old in the US if they lived past 65. What a difference living in 2008 makes! Reaching age 65 now represents just the 2/3 mark for many people expected to live to 95 and […]