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What to Do When Inheriting a Timeshare

What to Do When Inheriting a Timeshare

In a resort where parents purchased a timeshare, a resort agent suggested they sign a deed transferring the share to their children in order for them to continue to enjoy the timeshare after their parents passed. The resort agent suggested…

The FDA Approves Aducanumab as a Treatment for Alzheimer’s

The FDA Approves Aducanumab as a Treatment for Alzheimer’s

AduhelmTM is the first Alzheimer’s drug approved by the Food and Drug Administration (FDA) since 2003. The drug, Aducanumab, is a therapeutic drug that clinically demonstrates a potential to delay further decline from Alzheimer’s disease and is also the first…

The Majority of the Time, Equal Is Equitable

The Majority of the Time, Equal Is Equitable

The best way to leave property to your children is to divide everything into equal shares. That is the straightforward choice when all your children are doing equally well. But if not – if, for example, your son is a…

What It Means to Be a “Fiduciary”

What It Means to Be a “Fiduciary”

A family member or friend may need you to be their power of attorney. Your person may be planning for when they might become unable to take care of their affairs. For example, they might become disabled or incapacitated, and…

Why Estate Planning Is Important to Younger Adults

Why Estate Planning Is Important to Younger Adults

Most young adults don’t consider estate planning a priority. Young adults in their twenties and thirties often think they don’t own enough to constitute an estate. However, an estate is the total of all you own – money, investments, real…

Don’t Let Your Family Feud End up in Court

Don’t Let Your Family Feud End up in Court

Family disagreements about a parent’s end-of-life care and inheritance can get so serious they may end up in a legal filing and court case. You can take steps moving beyond the possibility this might happen and create (or amend) your…

A Guide for Understanding the Probate Process

A Guide for Understanding the Probate Process

The probate process involves authenticating the deceased individual’s will, assessing the assets, settling debts and taxes, and overseeing the allocation of the inheritance. After an asset-holder dies, the court will appoint a valid will’s executor to administer the probate process.…

Spending Among Wealthy Retirees Is Low and This Is Why

Spending Among Wealthy Retirees Is Low and This Is Why

Even though we have experienced a cycle of more than 10 years of economic growth, many wealthy retirees are reluctant to spend money for fear of running out of cash. Bloomberg.com is reporting many retirees, and near-retirees are sitting on…

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