Monthly Archives: July 2021

A Letter of Instruction to My Trustees (LIT) or a letter of intent (LOI) can address many issues in both business and in more personal realms. Your LIT or LOI is a valuable piece in your estate planning, and although it is an informal letter, it can more fully represent your intentions after you die. Everyone …

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The first US Food and Drug Administration (FDA) approval for a drug to treat Alzheimer’s since 2003 has recently been introduced under the trademark Aduhelm™. 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 FDA approval for a drug that does more …

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According to caring.com and despite the COVID-19 pandemic, overall percentages of older Americans without a will, in essence, remain the same. Remarkably, younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times. This 18 – 34 year old demographic is now sixteen percent more likely to have a will than those 35 …

Continue reading “Settling an Estate in the Absence of a Will a/k/a The Government Plan”

Assisted living communities provide essential care and a sense of calm and peace of mind for aging your parents. Identifying the suitable facility “fit” for your loved one is a journey requiring matching your parents’ needs, budget, and lifestyle with desirable locations. Research and preparation yield the best results when all parties participate by asking …

Continue reading “Six Steps to Take Before Moving Your Parents to an Assisted Living Facility”