The Pitfalls of DIY Estate Planning, Part ?

According to an article at news.com.au, a woman from Queensland, Australia died of cancer in 2015. In an apparent effort to save money on her estate plan, she chose to use a cheap do-it-yourself will kit. The four page document had numerous hand-written attachments and contained multiple changes. It is likely to end up costing […]

When The Elderly Refuse to Stop Driving: How One Family Took Action.

What do you do when the time comes for an elderly parent to stop driving, but they won’t? When Stephen Petrow came face to face with dilemma, he and his siblings did something drastic – they anonymously reported their mother’s dangerously poor driving to the State of New York DMV. Although she passed the written […]

What “Cause” is “Good Cause” to Remove a Conservator?

A “conservator” is a person appointed by a probate court to manage the assets or affairs of another (the “protected individual”) who, by reason of physical or mental disability, is incapable of controlling or managing their assets or affairs on their own. The conservator acts as a “fiduciary,” meaning that the conservator must manage the […]

Want to Dip Into Your IRA to Pay College Education Expenses? Read This First!

It’s time to get back to school for you or a family member. You may be looking for a way to pay a tuition bill and other school expenses and considering taking money out of your IRA to do so. Ordinarily you have to be over age 59½ to take a penalty free, but taxable, […]

Three Things Your College Bound Child Needs to Leave Behind

Do you have a child getting ready to head off to college?  Whether your child goes away to school or commutes from home, don’t let them start the school year without leaving behind these three documents: Medical Power of Attorney.  If your child is over the age of 18, you no longer have the right to […]