As I shared with you in our last newsletter, my mother passed away recently. Although I help my clients on a daily basis with legal planning for the future, this personal experience has enlightened me as to the importance of certain legal and non-legal aspects of planning.
The single most important benefit of estate planning is peace of mind. We often focus on the legal documents necessary for us to create an estate plan that provides such peace of mind. However, I recently had a personal experience that reminded me of the importance of one of the more practical aspects of planning.
How many times have I heard the following: “I only have ‘a few thousand dollars.’ Why should I pay a lawyer to help me prepare an estate plan? I’ll just add my “son/daughter/grandchild to my accounts.” Let’s see how that works out.
This month we honor two groups of “special” Americans. National Disability Employment Awareness Month celebrates the many accomplishments of employees with disabilities. This effort to educate the American public about issues related to disability and employment began in 1945 when Congress enacted a law declaring the first week in October as National Employ the Physically Handicapped Week. In 1988, Congress expanded the week to a month and changed the name to National Disability Employment Awareness Month.
Americans are living longer than ever before. Eventually, many of us will require nursing home care or assisted living. How many? Studies indicate that one in two women and one in four men will reside in a nursing home at some point in their lives.
Let’s take a break from discussing boring new Legislation. Did you know that 75 percent of Americans live within two miles of a public park or recreation facility, and that more than 75 percent of us visit them each year? In recognition of the importance of parks and recreation facilities in our lives, and to foster the well-being of our environment and communities, the National Recreation and Park Association designated the month of July as Recreation and Parks Month in 1985.