Category: Estate Planning


Global Pandemic Causes a Surge in Demands for Wills

Global Pandemic Causes a Surge in Demands for Wills Our future is unclear as COVID-19 sweeps the country. More than 1.4 million Americans have become infected. As of mid-May, there are more than 88,000 confirmed coronavirus deaths. Such news is making people in all stages of life reflect deeply on their health and how to

What You Need to Know About Living Trusts

What You Need to Know About Living Trusts  Navigating options for managing your estate after death are a challenge. Most people know they should have a will. However, you and anyone who inherits your assets could also benefit from a living trust. To learn whether a revocable living trust may benefit you, contact a trusted

  • Clifford M. Cohen,
  •   Trusts, Wills
  •   Comments Off on What You Need to Know About Living Trusts
  • Read More

Preparing Your Estate Plan During COVID-19

Preparing Your Estate Plan During COVID-19  COVID-19, has many people anxious about their affairs in order to protect their families.  More than 1.4 million people in the United States have contracted COVID-19 and more than 88,000 people from all walks of life have died. Prepare now and ensure that you have an estate plan in

  • Clifford M. Cohen,
  •   Estate Planning
  •   Comments Off on Preparing Your Estate Plan During COVID-19
  • Read More

Study Shows Fewer People Have Wills Today

Study Shows Fewer People Have Wills Today Have you skipped out on creating a will? What about a power of attorney or a living trust?  You might assume you don’t need these documents, but as anyone who has dealt with an incapacitated or deceased loved one can tell you, the failure to have these documents

What are the Most Important Things You Need to Remember to Do After a Loved One Dies?

What are the Most Important Things You Need to Remember to Do After a Loved One Dies? Coping with grief and working through all of the necessary administrative steps to figure out what comes next after a loved one passes away can easily become overwhelming. It can be difficult to get your bearings, but it’s

  • Clifford M. Cohen,
  •   Estate Planning, Wills
  •   Comments Off on What are the Most Important Things You Need to Remember to Do After a Loved One Dies?
  • Read More

What’s the Connection Between Your Retirement Planning and Your Estate Planning?

What’s the Connection Between Your Retirement Planning and Your Estate Planning? Your retirement planning and estate planning are linked. When thinking ahead about your retirement, it’s important to consider important key estate planning documents, such as a power of attorney to enable another person to make financial decisions on your behalf. This might inevitably lead

Estate Planning Fits into Every Stage of Your Life

Estate Planning Fits Into Every Stage Of Your Life Most people consider estate planning to be of utmost importance for those of older ages who are more likely to pass away or to cope with disability-related issues. However, estate planning is applicable to every person at every stage in life and pretty much everyone can

  • Clifford M. Cohen,
  •   Estate Planning
  •   Comments Off on Estate Planning Fits into Every Stage of Your Life
  • Read More

The Gift that Keeps on Giving: A College Education

The Gift that Keeps on Giving: A College Education According to a 2018 report by the Federal Reserve Bank of New York, some 44 million Americans have a combined student loan debt of more than $1.4 trillion. The average student debt is over $33,000, while roughly 2 percent of borrowers owe more than $100,000. Given

How the Secure Act Could Impact Your Retirement Plan

How the Secure Act Could Impact Your Retirement Plan   The Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed by the U.S. House of Representatives on May 23, 2019. If the bill passes the Senate and is signed by President Trump, it could impact the way workers plan for retirement and manage

Why Banks and Other Financial Institutions Sometimes Refuse a Financial Power of Attorney

Why Banks and Other Financial Institutions Sometimes Refuse a Financial Power of Attorney   You finally convinced your aging mother to execute a financial power of attorney (POA). You worked together to plan for the unexpected and thought that you had all your bases covered. Unfortunately, now your mom has become incapacitated and the bank

  • Clifford M. Cohen,
  •   Estate Planning
  •   Comments Off on Why Banks and Other Financial Institutions Sometimes Refuse a Financial Power of Attorney
  • Read More