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On Behalf of Cushing & Dolan, P.C. | Apr 4, 2016 | Powers Of Attorney
While we all know that aging is often accompanied by declining physical and mental health and capacity, most Americans fail to take steps to plan for long-term care needs. This is particularly problematic when you consider that, according to the U.S. Department of...
On Behalf of Cushing & Dolan, P.C. | Mar 25, 2016 | Trusts
For better or worse, dynamics within families are often complex. For aging parents; a desire to leave possessions, real estate and assets to adult children may create unexpected tensions between both parents and adult children and between siblings. To mitigate...
On Behalf of Cushing & Dolan, P.C. | Mar 16, 2016 | Estate Administration & Probate
Many individuals who are in their 30s, 40s and 50s may have concerns about their aging parents' health and general wellbeing. While completely normal, too often adult children fail to voice their concerns directly with a parent until a major health or life event...
On Behalf of Cushing & Dolan, P.C. | Mar 2, 2016 | Estate Taxes
In this blog, we often discuss the importance of establishing a comprehensive estate plan to provide for one's own future financial needs as well as those of heirs. Unfortunately, at times, unexpected life events can result in an individual facing uncertain...
On Behalf of Cushing & Dolan, P.C. | Feb 29, 2016 | Powers Of Attorney
In previous decades, most U.S. residents made the decision to marry. In fact, according to the Pew Research Center, in 1960, 72 percent of U.S. adults age 18 and older were married. Fast forward to 2011 and the Bureau of Labor Statistics reported that, at 50.2...
On Behalf of Cushing & Dolan, P.C. | Feb 29, 2016 | Trusts
Even if you save prudently for your retirement years, these funds can be wiped out in a matter of only a few years if you require nursing home care because of a stroke or another unforeseen medical problem. One way to prevent this from happening is through effective...
On Behalf of Cushing & Dolan, P.C. | Feb 16, 2016 | Estate Taxes
Depending on your stage in life, estate planning can mean very different things. For example, a couple welcoming their first child into the world is likely to be mainly concerned about naming a guardian for the child while an individual nearing retirement may worry...
On Behalf of Cushing & Dolan, P.C. | Jan 28, 2016 | Estate Administration & Probate
For many people, saving for retirement is a chief and ongoing concern. In addition to a 401k, a Roth IRA is among the most common and beneficial financial vehicles used to save for retirement. A Roth IRA provides not only tax-savings benefits, but there are also no...
On Behalf of Cushing & Dolan, P.C. | Jan 25, 2016 | Estate Administration & Probate
By now, readers of this blog likely understand the valuable role that an estate planning attorney can play in helping you discover and achieve your estate planning goals. Still, the thought of actually sitting down with an attorney and discussing some of the most...
On Behalf of Cushing & Dolan, P.C. | Jan 15, 2016 | Estate Taxes
Putting together a comprehensive estate plan involves a variety of considerations and potential goals. These can include leaving behind property for surviving family members, ensuring sound succession of leadership for a family business, giving to charity, and...
