Tag Archives: guardianship

Estate Planning for Individuals with Dementia or Alzheimer’s Disease

November is National Alzheimer’s Awareness month. We often say that everyone over age 18 needs some sort of “Estate Plan”, but it is especially true for those showing signs of or are diagnosed with Alzheimer’s or other forms of dementia. An estimated 5.4 million Americans of all ages have Alzheimer’s disease in 2016. As Alzheimer’s is […]
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What is Guardianship?

In New York State, everyone who turns 18 is automatically assumed to be legally competent to make decisions for themselves. Guardianship is a court process of appointing an adult to make medical and/or financial decisions on behalf of an individual (a “Ward”). Guardianship is commonly used for minors and persons with special needs who cannot make those […]
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Caring for Aging Parents

As life expectancies continue to increase, it becomes much more likely that you will need to financially help an aging parent. If you find yourself in that situation, review the tax laws to determine whether you can obtain some tax relief. The key is to determine whether you can deduct your parent as a dependent, […]
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TV Lessons in Estate Planning: Diff’rent Strokes

by David A. Kubikian Season 1, Episode 4 Background: Diff’rent Stokes made its debut on NBC on November 3, 1978 and later switched to ABC. The show was about two young boys from Harlem, Arnold (Gary Coleman) and Willis (Todd Bridges) who were adopted by their deceased mother’s boss, Phillip Drummond, who had his own […]
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