What Key Estate Planning Terms Should I Know?
Estate planning is an incredibly important tool, not just for the uber wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do.
How Do Joint Accounts and Beneficiary Designations Work in Estate Planning?
Remember that a will goes through probate, so a husband and wife typically try to avoid it by using joint ownership or beneficiary designations. However, they’re often mistaken by believing the will still controls their estate.
What Do I Need to Do after the Death of My Spouse?
The death of your spouse is a period of unimaginable grief. Unfortunately, there are many legal and financial obligations that will not wait.
When Medicare Choices Get Crazy, Many Seniors Avert Their Eyes
When Medicare Choices Get Crazy, Many Seniors Avert Their Eyes When Medicare Choices Get Crazy, Many Seniors Avert Their Eyes. With the new year approaching, many seniors will be bombarded with messages about their Medicare coverage. These messages range from…
What Do I Do If Property I Just Inherited Has a Mortgage?
What happens if you inherit your loved one’s home? What if they still have payments to make on their mortgage? We’ll explore these and other questions you may have below.
Do I Need to Name a Guardian for My Children in the Will?
Why naming a guardian for your child is important.
Did Samsung’s Chairman Have an Estate Plan for his $20.7 Billion Fortune?
The heirs of Samsung Electronics Co. Chairman Lee Kun-hee, who died Sunday, could face billions of dollars in inheritance taxes. However, that doesn’t necessarily mean they’ll have to cede control over the group by selling shares.
The Wrong Power of Attorney Could Lead to a Bad Outcome
When do you need your estate plan to ‘go to work’ for you? While you may think the right answer is ‘after I die,’ the actual answer is ‘if I lose the ability to manage my own affairs.’
Preparing for the Impact of Alzheimer’s Disease
It is estimated that by 2040, the number of Americans living with Alzheimer’s, dementia or other cognitive disorders is expected to double to close to 12 million due to the aging population, according to a recent study by RBC Wealth Management and Aon.
Estate Battles Over Personal Property Distribution
Personal property is a unique category of asset. Even in the simplest after-death distribution, personal property can become a hindrance to final distribution. There are a couple of reasons why.