In This Issue:

- Estate planning for your business: Use an ESOP to properly address your closely held company

- Are your assets protected from creditors?

- Preparing a parent for a nursing home

- ESTATE PLANNING PITFALL: You haven’t transferred ownership of a life insurance policy to a trust

- Excerpt from Preparing a parent for a nursing home:

Is your elderly parent or other relative who lives alone experiencing difficulty with daily living activities? Although moving a loved one to a nursing home might be the best option for all concerned, the move may be challenged by the senior citizen, much to the adult children’s chagrin. In some cases, a squabble can evolve into a full-fledged family feud where siblings stop talking to one another or a parent disowns his or her offspring....