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A Financial Advocate Can Help Parents with Cognitive Decline

It can be very awkward as an adult child to discuss dementia and senior cognitive decline with your parents. However, waiting to have these discussions until a senior’s decline is evident may prove even more troubling. Putting in place support, such as a Financial Advocate, can ensure the financial safety of your parents.

02/05/22 • by: Vick Law, P.C.

Estate Planning is for the Young Too

Estate Planning

For young professionals finding their way in the world and just beginning the journey of building wealth, death can seem like a far-off abstraction. However, the cold reality is that no one ever knows what’s around the corner — health problems and freak accidents can happen at virtually any time.

02/03/22 • by: Vick Law, P.C.

Social Security Increase or Cost of Inflation?

Estate Planning

Last year, the Social Security Administration announced that seniors would be getting their largest cost-of-living adjustment, or COLA, in decades. Fueled by rampant inflation, Social Security benefits are in line for a 5.9% boost this year.

02/02/22 • by: Vick Law, P.C.

Do I Need to Update My Will?

Estate Planning

Do you need to update you will? Whether you drew up a will recently or years ago, keep in mind it’s generally not something you can set and forget.

02/01/22 • by: Vick Law, P.C.

Can I Write My Own Will?

Estate Planning

Most people should have a will, but it's rarely the most significant estate planning document an individual holds.

01/31/22 • by: Vick Law, P.C.

Is Life Insurance Included in My Estate?

Estate Planning

This is an important question to ask, because the answer could tell you whether you need to worry about estate taxes, beneficiary issues or probate concerns.

01/28/22 • by: Vick Law, P.C.

4 Tips to Spot Elder Financial Abuse

Estate Planning

Advice for adult children, so their parents in nursing homes and assisted living are safe from scammers.

01/27/22 • by: Vick Law, P.C.

Super Lawyers® Rising Star - Thomas A. Vick

Estate Planning

Congratulations are in order for Thomas A. Vick, a class of 2022 Rising Stars as selected by Super Lawyers®, part of Thomson Reuters. According to their website, "Super Lawyers selects attorneys using a patented multiphase selection process. Peer nominations and evaluations are combined with independent research. Each candidate is evaluated on 12 indicators of peer […]

01/26/22 • by: Vick Law, P.C.

What is the Best Inheritance to Leave Heirs?

Estate Planning

If you really want to help your heirs out, these are some of the best assets to leave them.

01/25/22 • by: Vick Law, P.C.

The Most Common Tax Slip-ups in Wealth Transfer

Estate Planning

We are approaching the biggest wealth transfer ever, as Baby Boomers prepare to hand off their life savings to their heirs. However, will their heirs actually get the full amount of the wealth intended for them…or will a large amount be lost to unnecessary taxes?

01/24/22 • by: Vick Law, P.C.

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Estate Planning Blog

A Financial Advocate Can Help Parents with Cognitive Decline

Estate Planning is for the Young Too

Social Security Increase or Cost of Inflation?

Do I Need to Update My Will?

Can I Write My Own Will?

Is Life Insurance Included in My Estate?

4 Tips to Spot Elder Financial Abuse

Super Lawyers® Rising Star - Thomas A. Vick

What is the Best Inheritance to Leave Heirs?

The Most Common Tax Slip-ups in Wealth Transfer

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