You’ve worked hard your entire life to build what you own today (your home, savings and other assets). This also means that you need to plan for what will happen to your hard-earned assets when you pass on. And this is where estate planning comes in. One of the most...
When people think about using trusts for someone's inheritance, they often picture incredibly wealthy individuals whose children will never need to work. However, trusts are actually beneficial for many middle-class families, not just the extraordinarily wealthy. If...
Despite what you might think, estate planning is not just for rich people who have a significant number of assets. Where you have possessions, you have an estate and you should be thinking about what you want to happen to it after you pass away. The estate planning...
Parenting is a lifelong responsibility. However, life comes with its share of uncertainty. Like everyone else, you don’t know what tomorrow holds. And this may concern you if you have minor children. If a tragedy was to strike leading to your incapacitation or death,...
More people are discovering the benefits of using trusts as estate planning tools. What’s interesting about an annuity trust is that you can choose another person to be your beneficiary, or you can become your own beneficiary. Some annuity trusts even allow you to...
Your life insurance policy could play a major role in your estate plan, but the way that you handle the policy and its proceeds could impact the legacy you leave when you die. Although you may think you have properly addressed your life insurance policy in your estate...
Creating your estate plan can be a daunting task. There are many things to consider, and mistakes are easy. Here are some of the most common mistakes to avoid when making your estate plan. Five potential pitfalls Creating an estate plan is an important task you...
When someone you love has a disabling condition, whether a genetic anomaly or the result of injury, the desire to protect them is intense. The urge to shield a loved one from hardships can become so powerful that it consumes nearly every part of your existence....
There’s a lot that goes into a will – one important factor in deciding who will care for your estate after you pass away, also known as the executor of an estate. An executor of an estate, essentially, overlooks your estate in preparation for its distribution to your...
Providing support for aging, vulnerable adult is not an easy task. Many older adults need help with every aspect of their daily lives, from getting in and out of the shower to cooking their meals. They may need support remembering when to take their medication and...
