Category: Estate Planning

Family Conversations About Aging Gracefully

As many of you are aware, eldercare has become a huge issue over the past decade, so we’re going to devote the next several posts in this blog to that topic. Also, we’re hosting an eldercare seminar in May that you should attend if you have (or expect to have) responsibility for an elderly parent, relative or good friend.

Perfectionism Is to Procrastination as Progress is to… ?

Remember when you were a kid, you wanted to get a 100 on all of your tests. We were always taught to strive for a perfect score, get to the perfect school, get the perfect life and so forth. Unfortunately, what often comes out of that perfection mindset is procrastination. Because to get something done perfectly, we have to spend a lot of time thinking about it, working on it and researching it. Many times we keep putting off a difficult task or decision because we don’t want to make a mistake.

Holiday Money

You know, it’s that time again when families get together for the Holidays. It reminds me of a good friend who has a large extended family. Once a year, the whole clan vacations together. Believe it or not, each morning they spend an hour in which they talk with each other about money. The rest of the day is free for fun and frolicking—what people typically do on vacation. But, what’s happening with my friend’s family is that they’ve become better connected and more clearly understand where he and his spouse stand on money, and what’s going to happen with the money when they pass on. It’s neat to watch the change that’s taken place in the family over the past ten years.

Rice Paddies to Rice Paddies

Isn’t it the American dream to have a better life for our children and our grandchildren than we had for ourselves? But, one of the things that’s happened in the country over the last century is that businesses and wealth go from rice paddies to rice paddies—i.e. shirtsleeves to shirtsleeves– in three generations. And that’s a worldwide phenomenon.

Bank on Your Children’s Retirement

As many of you are aware, interest rates have been at historical lows for quite some time—levels we haven’t seen in generations. But, that’s starting to change and you don’t want to procrastinate if you’re thinking of taking advantage of these historically low rates.

Seeing the Future Now

In the last blog, we talked about Leonardo da Vinci’s personal motto of Sapere Vedere – believing is seeing. We think that for estate planning, believing then seeing is key for a successful transition. It creates an opportunity to make your children, grandchildren and others aware in advance of what you want.

Sapere Vedere — For Estate Plans

Leonardo Da Vinci is credited with having invented over 500 years ago the airplane, the helicopter, the crane, and the parachute, as well as many other extraordinary innovations. His paintings of the Mona Lisa and the Last Supper and his sculptures are some of the best-known works of art.

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