My Speech To My Son At His Bar Mitzvah

On April 26 of this year, my son Corey had his Bar Mitzvah.  I had the opportunity to share some words of wisdom to him, and afterward, I was asked to post my speech to him.  I hope you enjoy it.   Corey We are so proud of you.  You’ve done great here today and… Read More »

The Future of Caregiving in the United States

With Americans living longer than ever before, many of us will eventually require long-term care. It has been estimated that half of all women, and one in four men, will spend time in a nursing home at some point in their lives. However, the true foundation of our long-term care system is family caregivers, who… Read More »

Little Jason

Don’t leave your life insurance death benefit to your estate. Fred purchased a $1 million term life insurance policy after he married Mary, naming her as beneficiary. He did not name a contingent beneficiary. A year later, Mary gave birth to their son Jason. Fred did not update his life insurance beneficiaries after his son’s… Read More »

Thankful for Integrity and Character

I recently spoke with my twelve-year-old son, Corey, about what it means to have integrity and character. As part of our conversation, I read a passage from Bo Schembechler’s autobiography, co-written by Mitch Albom. (Bo Schembechler coached the Michigan Wolverine football team from 1969 through 1989.) Today, people seem more likely to justify cheating because… Read More »

Should College Football Players Be Paid?

After watching ESPN Gameday’s panel discussion recently on whether college football players should be paid, I thought I’d write a little off-topic this time. Those who favor paying college football players argue that the current system exploits college players because they are unable to profit from their efforts or their likeness even though they generate… Read More »

Possession is Nine-Tenths of the Law

Before attending law school, I worked for the Navy. Jack Cabana, then a mentor and colleague, once told me a story that ended with the following quote: “possession is nine-tenths of the law.” This quote applies well to an often overlooked but very important estate planning piece—the Durable Financial Power of Attorney (DFPOA). This document… Read More »

Take a Close Look at a Your Keyboard

Ever take a close look at a keyboard? Why are the “j,” “k,” and semicolon under your primary fingers and why place the “e,” “n,” “t,” and period where you have to stretch your fingers to reach them? Answer—because on the first manual typewriters, pushing a button caused a key to strike the paper. If… Read More »

Divorced? Have You Put Your Estate Planning Affairs in Order?

Many divorced people overlook the need to plan their affairs differently after the divorce. “Mary” divorced her husband while her three children were minors. Understandably, she did not want to list her minor children as her life insurance beneficiaries. If Mary passed away and the insurance paid to her minor children, the court would require… Read More »