Three years after the unexpected death of her husband, Chanel Reynolds posted a warning. She had started a website to help people avoid a predicament she had found herself in after her husband died. His will had an executor but didn’t have signatures, and she didn’t know many of his passwords.
Her message to others, who might not know whom to put down in their will as a guardian for a child or an overseer of their estate, was this: “If you are at a loss for whom to name, get out there and tighten up your friends and family relationships. Find some better friends. Be a better friend.”
With everything we have been through in the past year, I think it would be fair to recommend that all of us have reason to review our estate planning documents. And if you don’t have any, now is the time!
Especially if you are over the age of 60.
Typically, we tend to review our estate plan when we get older or if there has been a significant change in our circumstances. However, if you are over the age 60 and you haven't updated your estate plan in many decades, it’s time to update your documents. After everything has been updated, you should continue to review your plan every two and half years.
Here are a few age ranges and what they mean in terms of estate planning:
Here's what you should and shouldn't do post-vaccination, according to health experts.
Congratulations if you have received your last dose of the COVID-19 vaccine and passed the two-week quarantine period. You are now considered “fully vaccinated,” and armed with our best weapon against a virus that has killed more than 3.3 million people worldwide and upended our lives in unimaginable ways. Before you throw caution to the wind, however, it’s important to remember that the coronavirus is still spreading, and the majority of Americans have yet to be vaccinated — so some precautions continue to be necessary to protect yourself and the people around you.
The U.S. Centers for Disease Control and Prevention (CDC) has published specific guidance about what the fully vaccinated can do and cannot do, and AARP asked experts to answer other common questions about life after vaccination. Here is a list recently published by AARP on the top ten precautions to consider.
Do you have a Will? That is, do you have a legal document that outlines your wishes regarding the distribution of your property after your death? The document should also spell out other important considerations like the legal care of your minor children upon your passing.
Between one-half and two-thirds of American adults do not have a Will. The big question is why? There are many answers, but some of the most common answers are, “I don’t have time,” “I’m still young,” or “I don’t have much so what does it matter.” None of these answers are real answers, they are actually excuses. The truth is, a Will is something that has to do with our eventual death, and who wants to think about that?
To start, see if you answer yes to any of these questions:
Remember, having a Plan in place Before a Crisis, will mean you can manage the situation more calmly – with professionals alongside to help guide you.
Schedule an appointment to discuss the best options for your situation Today!
As parents grow older, a health crisis can often highlight the need for family members to become involved in making elder care decisions for a loved one. According to the Caregiving in the U.S. Report, 66% of family caregivers report having significant decision-making authority on behalf of their care recipient. For elderly parents to receive the care they need several factors need to be considered, starting with establishing an accurate picture of their care needs.
Cities are reopening. Lockdowns are lifting. And some people are starting to feel they can glimpse a return, however slow and partial, to “normal.”
However, the surprise is that many of us have realized there are some things about quarantine life that may be worth preserving. Many are questioning the very fundamentals of the “normal” we knew and accepted — and many are realizing they don’t want to go back to the way it was before the pandemic rocked our world.