Linda, 63, had recently been granted power of attorney over her father’s affairs, due to his declining faculties. Robert had been a successful family doctor who had built a large practice over the years and accumulated significant wealth over his working career. Now in his 90’s, his ability to manage his own healthcare and finances had diminished. His investments and savings totaled over $10 million in liquid assets with numerous financial institutions.
Judy had always enjoyed a relatively stable financial position throughout most of her life. After a successful career as an attorney working in her own private practice, Judy managed to pay off the mortgage on her home and for the most part was completely debt free. Excluding the value of her home, her net worth
Karianne and Bill are in their late 30’s and earn more than $700,000 a year together. Karianne is a partner at a large law firm and Bill is an IT technician at a pharmaceutical company. The couple has a daughter and a son, both under the age of seven. The time demands of their work
