As an adult in the US, you are automatically considered capable of taking care of your affairs. However, if a Judge deems otherwise, the court can establish a conservatorship on your behalf. What Is a Conservatorship? A conservatorship is a legal arrangement established for physically or mentally impaired individuals such as the...
Divorce is rarely a seamless or emotionless process. The transition from a family unit to separate households can devastate your children who never imagined that their parents would separate. You can reduce that pain dramatically by prioritizing their emotional well-being during divorce proceedings. Top Skills Children of Divorced Parents Can Learn By...
Whether you had Covid or saw loved ones pass away from the disease, creating an end-of-life document such as a will or trust is more important than ever. What is surprising is that most adults in the US don’t have either set up. A whopping 67% fail to make arrangements...
Divorce can seem like the end of the world. No one gets married thinking they will call it quits later. When a couple decides to part ways, they want someone to listen rather than judge them. What You Can Say to Someone Going Through a Divorce If you want to support a...
Alexis and her former husband had recently gone through a peaceful divorce when co-parenting became a new issue. They had agreed to share custody of their children, but they hadn't explored longer holidays and how they would have the kids divide their time between both parents. The lack of discussion resulted...
The idea of a peaceful divorce is an elusive one. Some things can help you work towards it, but the outcome will always depend on how each person approaches their situation with love and care in mind - even when times get tough! It can be challenging to remain civil with...
Mette Harrison is a novelist who also works in the financial industry. She was blindsided by her husband’s leaving her after six kids and 30 years of marriage. She also lost half of her friends. Sound familiar? According to a 2013 study headed by Brown University scholar Rose McDermott, if people...
Anyone who grew up in a dysfunctional family understands the potential for discord when it comes to the family estate and an inheritance. But even in the closest of families, if there’s money involved, there’s room for conflict. Power of Attorney: Choose the person you can trust In Alana’s case, the dust...
When Jeannie was having trouble making ends meet after her husband died, she asked my friend Jim what he thought about reverse mortgages. Jim spent 40 years in the financial services industry, and these guys tend to be wary of things like life insurance and reverse mortgages. As predicted, Jim...
A Guideway Trust client, Shirley, decided that the new year was time for making long overdue changes to her life. She made an appointment to create a Living Trust, which includes a Power of Attorney and an Advance Healthcare Directive, that she’d been putting off for years. She started doing...
Each year, nearly 2.8 million men and women go through Divorce. In the first year after the Divorce is final, a wife’s standard of living may drop almost 27 percent. Compare that to her husband’s standard of living—it may increase by as much as 10 percent! In the nearly 20...
Each year, nearly 2.8 million men and women go through Divorce. In the first year after the Divorce is final, a wife’s standard of living may drop almost 27 percent. Compare that to her husband’s standard of living—it may increase by as much as 10 percent! It’s hardly surprising that...
