What are the Most Important Items in an Estate Plan During the Pandemic?
Estate planning is the process of arranging, while you are alive, what will happen to your estate, your children and your wealth after you die.
How Does an Intentionally Defective Grantor Trust Work?
This type of trust can be established to benefit your spouse, children, grandchildren and other descendants. However, it may be more appropriate in some situations than others. Getting to know the details of what an IDGT is and how it works can help you decide if it makes sense for you.
Some States are Lowering Taxes to Entice Retirees to Relocate
Maryland is known as the Free State, reflecting its tradition of political freedom and religious tolerance, along with its resistance to Prohibition. Talk to retirees, though, and they’ll tell you the nickname is a misnomer, at least as far as taxes are concerned.
Five Top Reasons to Add Beneficiaries to Investment Accounts
Losing a loved one isn’t just an emotional burden—it also carries an administrative load. There are flower arrangements to pick, eulogies to write and a stream of paperwork to sort through.
Will the Sunshine State Crack Down on Crimes against the Elderly?
Suspected cases of abuse of Florida’s seniors may get increased scrutiny, after Gov. Ron DeSantis signed a bill this week approving the creation of elder abuse fatality review teams across the state.
Should Medicare Continue with Expanded Telehealth Access after COVID-19?
President Trump’s top Medicare official said Tuesday that expanded access to telemedicine should continue after the coronavirus pandemic recedes and that officials are examining ways to act without waiting for legislation from Congress.
How Can You Disinherit Someone and Be Sure it Sticks?
Parents may delay creating an elder law estate plan, because of the in-law issue. Some parents are unfortunately estranged from an adult child, only because of the problematic son-in-law or daughter-in-law.
Using Retirement Funds in a Financial Crisis
U.S. has been making it easier for people to access long-term savings for emergencies, trading future financial security to stay afloat.
What are the Latest Senior Scams?
Scammers gravitate to tightened finances, like moths to a flame. To complicate matters, shelter-in-place restrictions have pushed people to make more online transactions. That means new opportunities for fraudsters to take advantage of seniors, who may be new digital accountholders.
What is the Verdict on the Will of Carole Baskin’s Long-Missing Husband?
A county sheriff in Florida is declaring that the will of Don Lewis — Carole Baskin's long-missing husband — was forged.