What Do Parents Need to Know About Writing a Will?
Preparing a will is one of the most important steps a parent can take to protect their family.
Protect A Life of Working and Saving from Nursing Home Costs
Though complex, existing laws provide people with a pathway to protect their assets, become legally poor and qualify for publicly funded Medicaid to cover nursing home bills.
Should I Put My Firearms in a “Gun Trust”?
Make a mistake when inheriting an IRA and you might face tax consequences. Make a mistake when inheriting a gun collection, and there's a chance you could face felony charges. Therefore, anyone who owns a gun, may want to consider adding a gun trust to their estate plan.
How Do I Prepare my Parents for Alzheimer’s?
Imagine that your mom has Alzheimer’s. She calls you one day, out of the blue, saying that she wants to sell the family home. When you ask her where she would live if the family home is gone, she doesn’t seem to have a clear plan. Ten minutes into the call, Mom gets upset with your questions. She declares that she can sell the house without your help and hangs up the phone.
What Are the New Rules for Veterans’ Benefits?
Under the new rules, veterans will be given three options for their benefits appeals. All three are designed to streamline the complicated existing process for cases, which can languish for years as new evidence and arguments are introduced throughout the timeline.
Being an Adult Means You Need an Estate Plan
Although we typically associate the term “estate” with the ultra-wealthy, estate planning is not just for the rich. Everyone, regardless of family dynamics or financial status, can benefit from having an estate plan—a collection of documents that specify how you want your assets distributed.
Planning for the Sad Truth of Growing Old Together
If you're part of a married couple, it's highly likely that one of you will become a widow or widower at some point.
Why You Should Have an Advance Directive like Power of Attorney
Advance directives come up frequently in conversations about health care decision-making, as people age. Their purpose is to provide written instructions for medical care, in instances where a patient is unable to communicate them herself.
Own Guns? Don’t Leave Your Heirs This Problem
Most gun owners are cognizant of the strict regulations concerning ownership of a firearm. However, their family members and heirs are often unaware of the laws governing the disposition of a firearm, when the gun owner dies
Being Forward-Thinking About Assisted Living to Avoid a Crisis
When all is well, it’s difficult to convince mom, dad, a partner or other loved one to plan for the future. The alternative is much worse, because it means facing decisions during a crisis.