Blog Archives

Why Parents Should Not Give Their House to Their Children

Frequently, parents will be encouraged to give their home to their children so the government won’t take it to pay any nursing home bills.  This is usually very bad advice.  Why is this not an appropriate strategy?


Tagged with: , , , , , , , , , , , , , ,

Why I Asked My Son to Give Me a Power of Attorney

Recently my son turned 18.  In Connecticut this is considered the age of majority.  In other words, he can make his own decisions.  Well, that’s what the law says.  However, he’s still living under my roof, so he’s got to


Tagged with: , , , , , , , , , , ,

$4 Billion in Estate Taxes not Paid…Yet!

Mr. Dan Duncan passed away in March of this year.  It is estimated his net worth was $9 billion, making him one of the top 100 most affluent people in the world.  A self-made man, he amassed his fortune in


Tagged with: , , , , , , , ,