Tag: trusts
May 13, 2024
One of the saddest experiences for a financial advisor is watching an elderly client decline and, despite our best efforts, being unable to protect them from themselves. I wrote in 2007 about an elderly client who fired me when she was failing cognitively but still...
Aug 2, 2021
A common estate-planning question is whether it makes sense to leave inheritances with strings attached. My typical answer is “it depends.” It’s natural to want your legacy to be used wisely, but trying to control from beyond the grave can have...
Aug 18, 2014
Protect Your Financial Resources From YourselfWatch this video on YouTube After three decades as a financial planner, I’m seeing more and more clients reach, not just retirement, but their final years. An issue that becomes especially important at this stage of...
Apr 28, 2014
Estate Planning for Adult Children With Special NeedsWatch this video on YouTube The heart of estate planning, for many of us, comes down to one issue: taking care of family. We do our best to make decisions that we hope will be right for surviving spouses and...
Aug 19, 2010
It appears that South Dakota trust law is even better than I thought. In a response to my previous blog on SD trust law, Tom Simmons, an attorney practicing in Rapid City, SD, explained to me that I missed the latest improvement to SD trusts. Tom explains that in the...
