For the Love of Your Family

Articles to LIFT Your Family

Protecting Our Family When It Matters Most

A drama currently playing out in a French courtroom demonstrates that any elderly person can fall victim to financial abuse, even the second wealthiest woman in the world. Lilliane Bettencourt, 92, is heiress to the L’Oreal cosmetics fortune, and Forbes has estimated her worth at $40 billion.  According to a recent New York Times story, […]

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Help for Dealing with a Parent’s Dementia Diagnosis

Alzheimer’s Disease is in the news again thanks to Academy Award winner Julianne Moore’s performance in the movie Still Alice, where she portrays a college professor diagnosed with early onset Alzheimer’s and movingly portrays the effect it has on her family. According to the Alzheimer’s Association, someone in the U.S. is diagnosed with Alzheimer’s every […]

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Reasons to Establish a Trust (and Being Rich Isn’t One of Them)

When you hear the words, “trust fund,” do you conjure up images of stately mansions and party yachts? A trust fund – or trust – is actually a great estate planning tool for many people with a wide range of incomes who want to accomplish a specific purpose with their money. Simply put, a trust […]

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Senior Drivers and Safe Driving

One of the uncomfortable moments of life for many people is when they try to address automobile ownership and driving with their elderly family members. States have grappled with this issue over the years, considering driver’s tests for older drivers and other measures to promote driver safety. According to the National Highway Traffic Safety Administration, […]

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Ashes to Ashes, Dust to…Diamonds? Creating an Ever-Lasting Memorial Through Science

Here are two scientific facts: Diamonds are forever. We are not. However, through science, there is now a way to immortalize ourselves or our loved ones by turning cremated ashes into diamonds. One of the first companies to turn dust into diamonds was profiled recently in The Atlantic. A Swiss company called Algordanza has perfected […]

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How to Reduce the Cost of Long-Term Care Insurance

A person who turns 65 today has a 70% chance of needing some type of long-term care at some time in their remaining years, according to the U.S. Department of Health and Human Services. On average, women will need 3.7 years of long-term care and men will need 2.2 years of care. Only 20% will […]

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7 Things To Think About Before Making Gifts to Grandchildren

If you have grandchildren – or are getting ready to welcome one like political power couple Bill and Hillary Clinton – you know the special joy they bring. After all, you can now leave all the heavy lifting to the parents and just enjoy connecting with them. Many grandparents who enjoy financial freedom are often […]

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The Last Important Gift to Give Your Family

As hard as it is for all of us to “plan” for our deaths, doing so is one of the best things you can do for your family.  Adding to their grief and pain by giving them no clue as to where to find your personal and business paperwork should not be a memory you […]

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Legal Steps to Take When Facing a Dementia Diagnosis

Maria Shriver knows the devastation of Alzheimer’s disease firsthand.  Her beloved father Sargent Shriver, founder of the Peace Corps and one-time candidate for Vice President of the United States, died of the disease in 2011 after being diagnosed in 2003. Often called “the long goodbye,” Alzheimer’s disease affects more than five million Americans and its […]

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Vacations Are the Perfect Time for Families to Talk About Estate Planning

If you are like most Americans, you will probably be spending at least some of your vacation time this summer with older family members. While there are few perfect times to talk with parents about their estate plan, the relaxed times you spend together on vacation can be one of them. Here are some tips […]

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Give While You Live to Avoid a Family Feud

A recent article in the New York Post about brothers battling over a painting from their uncle’s estate serves as a reminder of the importance of designating a destination for your personal property, either through a will or by gifting while you are still alive. The brotherly brouhaha came about after noted Manhattan interior designer […]

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