Tag Archives: Estate Planning; Financial

Estate Planning: Talking About the Inheritance

Many parents find talking about money with their children as difficult as talking about sex.It may be awkward, but talking to your children about their inheritance benefits everyone. If kept in the dark, children may think their parents are “loaded” and expect a significant windfall upon their passing.  They may worry about the cost of […]

Posted in Beneficiary Designations, Estate Planning | Also tagged , ,

Powers of Attorney – Will They Work?

A recent New York Times article was titled, “Power of Attorney is Not Always a Solution.” It related the story of a woman who was given a power of attorney by her brother who was later afflicted by dementia. When she tried to use the power of attorney, banks were reluctant to accept her power […]

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