Elder Law Can Help When an Aging Parent Refuses to Give Up Control
There are plenty of aging parents out there making life difficult for their adult children…
Elder Law and Medicaid Planning
People frequently hear that they should visit their attorney to have their wills and other important legal documents prepared, but many people procrastinate. Therefore, if you’re in that group, do not feel like you’re alone.
Are You Spending Your Children’s Inheritance?
A key financial question for retirees, is what to do with their hard-earned retirement savings. For example, some investors may find it more fulfilling to provide a college fund for grandchildren, rather than purchase a second home for themselves. The opposite can also be true, and that's okay.
Forgot to Update Your Beneficiary Designations? Your Ex Will be Delighted
You may be surprised at how easy it is to make an expensive mistake with your beneficiary designations.
What If I Give Unequal Inheritances to My Kids?
Most of us would like to be remembered for who we were, not what we had. If you have any assets that you’ve accumulated during your lifetime that you plan to leave behind, it’s on you to figure out who gets what.
Should My Estate Plan Include a Trust?
Many investors have an idea how they would like their assets distributed upon their passing. However, they are not sure of the best way to do so. Trusts are entities that ensure money and assets are handled according to the grantor’s instructions, keep the estate and its dealings private, and can be structured to a specific need.
Wills v. Trusts: What’s Right for You?
While we are young, many of us neglect to consider what will happen to our family and property after we pass away. Youth gives us the illusion of invulnerability, but the truth is that tomorrow is not promised to anyone.
How Do Family Relationships Mess Up Estate Planning?
Families should plan early and communicate their wishes to their estate planners, as well as update their legal documents to reflect those wishes.
Smart Women Protect Themselves with Estate Planning
Since women live approximately 4.9 more years than men, it is critical for both single and married women, regardless of age, to take estate planning seriously.
Why Is a Revocable Trust So Valuable in Estate Planning?
Trusts are one of the most versatile items of the financial planning toolkit. However, they are not just for rich people. With the new higher estate tax exemptions, avoiding or reducing estate tax is not a concern for most of us.