Did Larry King have an Estate Plan?
Retirement can be a bigger drag on the assets than all the professional and romantic mistakes put together.
What Is a Conservatorship?
When an individual cannot make important decisions for himself or herself, a judge appoints someone called the conservator or guardian to make decisions. The conservator has the legal backing of the court in all decisions, including finances, medical and personal care.
Protect Your Estate from Nursing Home Costs
No one wants a nursing home but the longer we live, the higher the chance we may need a nursing home at the end of life.
Are Retirement Accounts Divided in a Divorce?
Gray divorce issues include weaving through the complications of splitting pensions, 401(k)s and more before the process is complete.
Why and When a Sweetheart Will (Or No Will at All) Is Not Enough
Why and When a Sweetheart Will (Or No Will at All) Is Not Enough In a an article by Starvos S. Giannoulias of Chicago writes: WHY AND WHEN A SWEETHEART WILL (OR NO WILL AT ALL) IS NOT ENOUGH Young…
How to Plan for a ‘Fragile’ Beneficiary
Today, estate planning can encompass more than addressing your potential tax exposure. It frequently requires protection of a “fragile beneficiary,” who can include family members with disabilities, individuals struggling with addiction, spendthrifts and even minors and there are planning options available to do so.
Wealthy Women Face Challenges in Estate and Tax Planning
Given the expectation the Biden administration will roll back some of Trump’s favorable policies of the past four years, tax consultants and accountants are already hard at work. But for HNW women, dealing with election fallout is minor, compared to the bigger fish they have been frying in the tax pan for decades.
Millennials Embrace Prenups – but Through a Very Different Lens Than in the Past
Millennials Embrace Prenups – but Through a Very Different Lens Than in the Past Prior to the millennial takeover, prenups usually came up with young adults from wealthy families or couples entering marriages after a prior divorce(s). Now young adults…
Marilyn Monroe’s Estate Makes Money 50 Years after Her Death
Marilyn Monroe’s estate makes millions every year. At the time of her death in 1962, the icon’s net worth was $10 million, when accounting for inflation. In 2020 alone, she made almost as much as that. But fans of the late star might be surprised to learn that it isn’t her many movies that make her estate the most money.
How to Plan for Spouse’s Medicaid
When a spouse enters a nursing home, the cost of care can be financially devastating. Many families are simply unable to afford long-term care without applying for Medicaid.