As our parents age, the responsibility often falls on us to ensure their well-being and safety. This article delves deep into the various ways you can protect your elderly parents, especially in the realms of finance, health and overall security. With the rise of scams targeting the elderly and the challenges of dementia, it’s crucial to be proactive. Read on to discover actionable steps and essential knowledge to safeguard your loved ones. How to Start the Conversation with Your Elderly Parent? Starting the conversation about their safety and well-being can be challenging. It’s essential to approach the topic with sensitivity…
11/27/23 • by: The Law Office of John A. Laine, P.C.
While physical disabilities may not impact a client’s ability to manage their own assets, mental illnesses and age-related cognitive impairment can eventually lead to incapacitation and the inability to manage their own assets.
11/14/23 • by: The Law Office of John A. Laine, P.C.
Trust distributions might be taxable, with the tax liability potentially varying based on factors, such as the type of trust, the kind of distributions and a beneficiary’s tax bracket.
11/07/23 • by: The Law Office of John A. Laine, P.C.
From Bitcoin to Gmail accounts, the rules governing ownership, storage and transferability of digital assets differ significantly from traditional forms of wealth.
10/26/23 • by: The Law Office of John A. Laine, P.C.
As life is unpredictable, it is better to start planning sooner rather than later. In fact, upon attaining the legal age of majority in your state of residence (typically at age 18), you should begin considering some form of an estate plan.
10/11/23 • by: The Law Office of John A. Laine, P.C.
