A few years ago I inherited a share of my uncle's IRA. With it, I inherited his financial advisor. I was paying the advisor 1.5% of the portfolio value each year to manage the investments. This fee also enabled me to meet with him quarterly and get his advice on retirement. FIRST IMPRESSIONS. The first … Continue reading Inherited Professionals
In the month of June, if someone asks you to celebrate their freedom, and hands you a Pride flag? You put the damn thing up. It is the human thing to do and it is the American thing to do.
As I shared a few months ago, my siblings and I are going through the motions once again of what to do with an aging parent. This time, it is our father. He is 74-years old and dealing with some harsh outcomes from years of making poor health decisions. Suffice it to say, if you … Continue reading Know your limits. Aging parent.
We are extending our estate plan special through the end of 2020, on a limited basis, first come, first serve. Because our trial calendars are getting back to normal, Bill and I will be limiting new client intake to just four clients per week. Every package includes: telephone consultation with attorney, last will & testament, … Continue reading Limited Offer – Estate Plan Special!
There are two police reform bills currently in the United States Congress. The first is the "George Floyd Justice in Policing Act of 2020" (actual bill available here) and the other is the "Just and Unifying Solutions To Invigorate Communities Everywhere Act of 2020" or "JUSTICE Act" (text available here) for short here is a quick difference of the two:
I have heard more about "riots," supporting law enforcement, and preserving "our history" than I care to. It is obnoxious. Riots! Folks, what has occurred in the days after George Floyd's death and public demonstrations are FAR from "riots." If you need to be reminded of what a riot looks like, there is a documentary … Continue reading Just stop. You sound like an idiot.
We completed a lot of estate plans for folks during the Coronavirus Special we ran during the month of April. Here were the most common fears my clients had:
While I can stand, the current restrictions, and the ones I expect to stay in place into the foreseeable future, have me stumbling forward. It's like I sat down on a bench for a breather and someone tied my shoes together.
You can bailout the economy all you want, but until we beat the virus, we can't restart the economy!
This is some scary stuff - no question. The Director of the Ohio Department of Health has announced there are over 100,000 Ohioans who have likely been infected (NBC4). There is no stopping or avoiding the Coronavirus, but rushing out to the grocery store and treating your anxiety with toilet paper isn't going to help … Continue reading Can we stop? And take a breath?
As my father ages, my sisters and I are, once again, collaborating on how to "solve" the problems. When do we need to move him to a nursing home? What to Evaluate? The short answer is the existing dwelling and the person's ability to perform activities of daily living (ADL's). We can delay a move … Continue reading When do my parents need to go to a nursing home?
Here are some things you should consider for your aging parent: Grab Bars, Grab Bars, Grab Bars Did I mention grab bars? Bathrooms are a huge fall risk! Depending on the shower design (walk-in versus tub/shower combo), you'll need some outside the shower, insider the shower, and near the camode as well. The other place … Continue reading Hacks for Your Aging Parent
Quick update - one year after moving mom into nursing home.
Following the Dayton Massacre (nine dead, twenty-seven injured in less than a minute), a number of laws were introduced to help curb gun violence. House Bill No. 240 was among these.
It is the beginning of 2020 and I'm looking over the financials. My household, the firm finances, and Mom's finances - I guess it is just that time of year. One of the biggest safeguards against self-dealing, or a fiduciary misappropriating funds, is the disclosure of information - particularly to beneficiaries. This is the reasoning … Continue reading First Year of Assisted Living Costs – Columbus, Ohio