Posts Categorized: financial planning

Nursing Home Expenses Can Eat Away at Savings

Jun 3, 2013 / By: Michael Robinson, Estate Planning Attorney

Category: financial planning, incapacity planning

A recent column by financial planning expert Liz Weston answers a question that many people with elderly parents have. When a parent has to transition into an elder care facility, such as a nursing home,...

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Living Longer May Cost You Big

May 8, 2013 / By: Michael Robinson, Estate Planning Attorney

Category: Elder Law, financial planning

These days everything comes at a price, including living longer. That’s right: living to a ripe old age is going to cost you the allegorical “arm and a leg,” and may even levy a price...

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Three Things You Should Know About Long-term Care Insurance

Apr 29, 2013 / By: Michael Robinson, Estate Planning Attorney

Category: asset protection, estate planning, financial planning

Obtaining and maintaining long-term care insurance is an expensive undertaking, so be sure you gather as much information as possible before you commit to a plan. The following paragraphs contain three things that you should...

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More Elderly Facing Debt Problems

Apr 19, 2013 / By: Michael Robinson, Estate Planning Attorney

Category: Elder Law, financial planning

Recent figures suggest that elderly Americans have come under increasing debt pressures during the past several years. The Employee Benefit Research Institute recently published an analysis of government information that studied death rates between 2007...

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More Elderly Workers in Workforce

Mar 27, 2013 / By: Michael Robinson, Estate Planning Attorney

Category: Elder Law, financial planning

From figures released by the U.S. Census Bureau, the workforce is becoming an increasingly grey place.  As more Americans reach the age of 65, more of them are also choosing to stay employed and are...

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Baby Boomer Health a Growing Problem

Mar 25, 2013 / By: Michael Robinson, Estate Planning Attorney

Category: financial planning, Retirement Planning

As baby boomers continue to get older and reach retirement age at a rate of thousands every day, health industry experts are becoming increasingly concerned with the prospect of facing an aging population that has...

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Wealthy Parents Intend to Avoid It, but Rich Kids are Spoiled

Feb 18, 2013 / By: Michael Robinson, Estate Planning Attorney

Category: estate planning, financial planning

A survey by PNC Wealth Management had some interesting results about how wealthy parents feel about the creation and maintenance of wealth when it comes to their own children, and those results may not be...

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Estate Planning and the Importance of Creating Succession Plans for Your Family Business

Feb 13, 2013 / By: Michael Robinson, Estate Planning Attorney

Category: estate planning, financial planning

After working all of your life to create and expand your family business, it is unlikely that you are willing to relinquish control easily, or allow it to fail after you die. Nevertheless, there will...

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When Planning Inheritances, Think About Child Divorce

Jan 14, 2013 / By: Michael Robinson, Estate Planning Attorney

Category: estate planning, financial planning

For most parents, leaving your children inheritances through your estate plan is a natural choice. However, if you have children who are married, or who may become married, you will need to consider the possibility...

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Inheritance Laws as Old as Human Civilization

Jan 2, 2013 / By: Michael Robinson, Estate Planning Attorney

Category: estate planning, financial planning

While you set about to making a last will and testament, deciding what kind of trust to establish, and making other estate planning decisions, you probably have not taken a lot of time to think...

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