In the case of a second marriage, the parent of adult children usually want their children to maintain a relationship with the new spouse. Perhaps the second marriage began when the children were still minors or it may be after they have grown. The biggest misconception of a parent is to prepare estate planning documents […]
Category: Estate Planning
Estate planning is the process of anticipating and arranging, during a person’s life, for the management and disposal of that person’s estate during the person’s life and after death, while minimizing gift, estate, and income tax.
As we see the aging of our parents, we are grateful for so many advances in caring for the physical wellbeing of them. Certain cancers, heart disease and broken bones are no longer a death sentence to the aging parent. However, with longer life comes deterioration of the mind, a mental decline that medicine has […]