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....
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