Guides for life's toughest moments
Welcome to DieSmart
My name is Kathy Lane and I am one of the founders of DieSmart. I am also a mother, wife, grandmother and, until my mother died last year at the age of 95, a caretaker. And I thought I was retired.
My partner and I are not attorneys; not doctors; not grief counselors. We are people who have started and managed businesses, raised families and nurtured friends. We became caretakers for our aging parents, and then acted as executors of their estate.
We found it hard to believe that educated people like ourselves did not understand the paperwork or the legal and financial aspects of dying. We realized that no one teaches someone how to die smart in school. Or explain why a lack of knowing or doing means someone pays later.
We discovered that dying is not just an emotional event in life, but a major financial one as well. An event where "dying dumb" can cost 4 to 8% of your net worth and, if long term care is involved, perhaps all of it.
More on who we are...
An interview with author Kathy Lane.
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Most Recent Posts
June 4th, 2017
Can celebrities teach us about estate planning?
We came across this post by John J. Scroggin, AEP, J.D., LL.M. and thought it was worth reposting. Too many people think that things will take care of themselves…but they won’t. “It is interesting how the common estate planning mistakes of average clients are so often […]
May 28th, 2017
Should Alan Thicke’s widow or sons inherit his estate?
Alan Thicke died on December 13, 2016. His two older sons, who are co-executor’s of their dad’s living trust, have filed a petition in court to get instructions on how his 1988 trust (amended last year) and a 2005 prenup signed by him and […]
May 21st, 2017
Have you made these 5 life insurance mistakes?
We came across an interesting article about life insurance on the Edward Jones web site. It gives you some valuable information and some things to think about. It’s reposted here in its entirety. “If you already have life insurance, you’ve taken an important step to […]
May 14th, 2017
What happened to Ernie Ulrich’s estate?
Who, you might ask, was Ernie Ulrich. Ernie was just an average blue collar guy who served in the army during World War II and died in Chicago at age 85 on December 21, 1999. He never married and had no children. His two […]