Britney Spears has been under a California-ordered conservatorship since 2013, and in recent years has tried unsuccessfully to have her father, Jamie Spears, removed. Attorneys for Jaime Spears have maintained that he “has always acted in the best interests of his daughter.”… Read the rest
Helping Families Navigate the Financial Challenges of Age Transitions
Category: Family Relationships (Page 1 of 4)
Beverley Schottenstein said two grandsons who managed her money at JPMorgan forged documents, ran up commissions with inappropriate trading and made her miss tens of millions of dollars in gains. So she decided to teach them all a lesson.
Source: At 93, She Waged War on JPMorgan and Two Financial Advisors—Her Grandsons – Bloomberg
Has COVID affected how you feel about nursing homes? Even if a loved one hasn’t become ill, many families have been unable to even visit their elderly relatives, which was especially difficult over the holiday season. This Wall Street Journal article discusses how COVID is causing many to consider other options.… Read the rest
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As the pandemic wreaks havoc on our mental and physical health, it is also quietly reshaping how Americans will face retirement and old age in the years to come.The virus is bringing sweeping change, mainly by “accelerating developments already under way,” says physician and entrepreneur Bill Thomas.
Liz O’Donnell, founder of Working Daughter, a community for people balancing eldercare and career, and the author of Working Daughter: A Guide To Caring For your Aging Parents While Making A Living (Rowman & Littlefield, 2019.) penned an article for the Harvard Business Review providing tips for those already in the sandwich generation, but now with the added challenge of working from home.… Read the rest
Think you’ll just let your family members decide how to dispose of your body when you die? This is a burden that is accompanied by a lot of stress and pressure to make some major decisions during a very emotional time.… Read the rest
In this episode of the case files, I discuss the Texas case of Ramirez vs. Rodriguez, et. al., a case that involves four sibling co-trustees and the attempt by three of them to remove their trouble-making brother because of his hostile actions.
A recent Fox Business News report that otherwise does an admirable job of discussing the challenges faced by families with aging parents nevertheless steps over the line with the title of its report. While likely unintentional, the title of the story – “Aging parents are the new ‘children’ | Fox Business – is demeaning to older adults who are already fighting to preserve their dignity and overcome ageist attitudes towards them.… Read the rest
The Law Firm of Faegre Drinker Biddle & Reath LLP, recently published the trial court results of a case involving a charge of Undue Influence brought by the two adult children of William Moriarty.
Mr. Moriarty was widowed in April 2016.… Read the rest
If you manage your parents’ investment accounts because they are not capable, you may have watched helplessly the past several weeks as their stocks fell by thirty percent or more from the S&P 500 index highs in mid-February to its low point so far on March 23rd.… Read the rest
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