Should You Name the Same Person Guardian and Trustee for Your Minor Children?

One of the hardest decisions parents make is who to appoint guardian of their minor children in case of their passing. And if that were not a hard enough decision, they will also need to evaluate who will control their family’s purse strings to be sure everyone is taken care of moving forward. That role

How to Avoid Taking On the Medical Debts of Parents or other Relatives in 2021

This month ABC 15 shared a story about a Valley man who lost 10 family members to COVID 19. Soon after, the medical bills started rolling from losing his dad and his mom’s subsequent hospitalization. The debt is crushing. And he is not alone. ABC says that “hundreds of people have shared their story about

Chronic Illness & Estate Planning

Last week Sean Connery passed away in his sleep at age 90 after suffering from dementia. One in three seniors dies with Alzheimer’s or another dementia, according to the Alzheimers Association. “He was a model of a man. It is going to be very hard without him, I know that. But it could not last

Don’t Leave Your Health & Welfare Decisions in “Jeopardy”

When Alex Trebek announced his cancer diagnosis, my first thought was that I hoped he had taken care of his legacy planning so he could concentrate on beating his disease and spending quality time with his family.

Estate Plan: Party of One

Estate Plan: Party of One We often hear how hard it is for clients to choose from various family members to execute an estate plan, but what if you are single and without children (at least nearby)? “About 35.4 million Americans lived alone in 2016, comprising 28.1 percent of all U.S. households, according to the

Estate Planning Basics for New Parents

You’re a Mom & Dad. What Now? Congratulations! You have experienced one of life’s true miracles! You have had a baby! It IS amazing, but with ALL of the little details that are so important in the here and now, thinking of your son or daughter’s longterm future is probably not top of mind.