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    Contemplating Aging in Place [Episode 126]

    Joe Cordell speaking into a microphone for ElderTalk podcast

    Attorney-CPA Joe Cordell and co-host Jill Albers focus their discussion on the on-going debate of aging in place vs. moving to a facility or community that offers amenities and care options. They highlight an article from the Wall Street Journal

    eldercaredev November 30, 2019July 9, 2020 Estate Planning Read more

    Understanding Undue Influence

    elder man sitting with his hands crossed over his forhead

    Clear intentions are a priority when planning your estate. Your estate planning documents need to be able to outline your wishes and illuminate a path to action that reflects what you had in mind. In order to create these plans

    eldercaredev October 22, 2019October 15, 2020 Estate Planning Read more

    Be Wary of Prepaid Funeral Deals

    Be Wary of Prepaid Funeral Deals

    Most people would rather not think about their own deaths, but unless medical science can somehow come up with an immortality pill, we all have to go sometime. Given that uncomfortable reality, some individuals actually face their inevitable departure with

    eldercaredev September 13, 2019November 19, 2020 Estate Planning Read more

    Chris Cornell’s Ex-Wife, Daughter Clash With Widow Over Estate

    Chris Cornell’s Ex-Wife, Daughter Clash With Widow Over Estate

    Even if you die with a will in place, it still may not be enough. Your loved ones may find themselves involved in a dispute over your life’s work. They may have the best of intentions, but still believe that

    eldercaredev June 21, 2019July 9, 2020 Estate Planning, Uncategorized Read more

    Providing for Beneficiaries With Special Needs

    Signing a Last Will and Testament document

    Whether they are establishing a basic last will and testament or crafting a complex, multi-faceted estate plan, everybody who makes legal arrangements for the future of their inheritors naturally is motivated by unique personal priorities. In certain straightforward cases –

    eldercaredev June 5, 2019July 9, 2020 Estate Planning Read more

    What Will Happen to Your “Stuff” When You Are Gone?

    elder couple sitting on the grass smiling at each other

    When an elderly gentleman in the Midwest went to draft his estate plan, he had no problems setting up his will to divide his measurable wealth equally among his five grown children. His financial assets and real estate holdings would

    eldercaredev March 29, 2019July 9, 2020 Estate Planning Read more

    Case Illustrates the Need for Tempered Expectations During Probate Proceedings

    Case Illustrates the Need for Tempered Expectations During Probate Proceedings

    After you have died, you want to be able to leave your assets and possessions to those you love in the least complicated way possible. You do not want your loved ones to go through additional heartache or distress. They

    eldercaredev March 19, 2019July 9, 2020 Estate Planning Read more

    Assuring Your Children’s Future Security Can Start Right Away

    elderly couple smiling while using a tablet

    Giving to those we love can be a joyful experience, and that is especially true for most parents. Some people’s warmest memories probably include giving presents to their young children and sharing in the resulting happy reactions. As you and

    eldercaredev March 19, 2019July 9, 2020 Estate Planning Read more

    Avicii’s Lack of Estate Plan Highlights Why You Should Have a Plan in Place

    Avicii’s Lack of Estate Plan Highlights Why You Should Have a Plan in Place

    When you die without a plan in place, your wishes regarding all that you leave behind are unrealized. You do not have any say in what happens to any of the property or financial assets, and those you leave behind

    eldercaredev January 17, 2019July 9, 2020 Estate Planning Read more

    The Importance of Having a Will

    The Importance of Having a Will

    If you were anywhere near a TV, radio, or newspaper in August, you undoubtedly heard that Aretha Franklin, “The Queen of Soul,” had died. Tributes and remembrances poured in, as countless Americans honored the singer of such famous hits as

    eldercaredev September 14, 2018July 9, 2020 Estate Planning Read more
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    Recent Posts

    • Planning Retirement With Deferred Gratification [Episode 131]

      Planning Retirement With Deferred Gratification [Episode 131]

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      Attorney-CPA Joe Cordell and co-host Jill Albers break down the fundamental elements to planning for …Read more
    • Understanding Electronic Wills [Episode 130]

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      Attorney-CPA Joe Cordell and co-host Jill Albers discuss the innovations and intricacies involved in electronic …Read more
    • Receiving Skilled Care at Home [Episode 129]

      Receiving Skilled Care at Home [Episode 129]

      December 21, 2019
      Attorney-CPA Joe Cordell and co-host Jill Albers are joined by Ann Layden and Laura Adams …Read more

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    How to Responsibly Leave an Inheritance – EP. 39 – Life’s Third Act
    by TuckerAllen

    Attorney-CPA Joe Cordell discusses the dangers of leaving behind an inheritance that the recipient receives access to all at once.

    Mr. Cordell discusses the case of the NXIVM cult in which two of the cult’s members were the recipients of a family fortune at the age of 18, which led to increased involvement in the cult.

    Mr. Cordell uses the story to illustrate the importance of responsible estate planning. If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.

    The post How to Responsibly Leave an Inheritance – EP. 39 – Life’s Third Act appeared first on Joseph E. Cordell.

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