You’re helping your teenager study for the SAT, coordinating your mother’s next cardiology appointment and trying to figure out whether your father’s memory lapses are something to worry about, all before 9 a.m. If this sounds familiar, you’re likely part of what researchers call the “sandwich generation”: adults squeezed between the simultaneous demands of raising children and caring for aging parents.
Beneficiaries, titling and real-life risk
It happens all too often: An individual takes the time to make difficult decisions, implement estate planning strategies, establish a trust—all the right things. Yet, following the person’s death, the estate is still subject to probate and assets pass to unintended...
