Federal and state law changes are making estate planning more dynamic than ever to efficiently manage and disperse a person’s estate. These laws affect estate planning tax, trust, and charitable strategies, and the higher your net worth, the…
The cornerstone of philanthropy has long been charitable giving. People enjoy making meaningful contributions to causes that are close to their hearts. For those who wish to support charitable organizations while also benefiting from tax advantages and income…
Consider being sick and deciding whether you can afford medical care before seeking help. Unfortunately, for many Americans, seeking medical care hinges on affordability rather than medical necessity. About half of US adults have gone without or delayed medical care…
Most young parents are not concerned about death or serious illness or injury. As unlikely as such a serious event is when we are young, it is a possibility. This is why we pay for medical insurance, disability…
Online profiles and accounts aren’t addressed in most estate plans because most adults don’t have a will. As your online presence grows professionally and personally, taking charge of your digital assets and plans for them after you die…
In estate planning, there are two kinds of trusts: irrevocable and revocable. Each has benefits and drawbacks depending on your goals. However, both trusts are legal arrangements to manage and distribute your property during your lifetime or afterward.…
Thinking about death, especially your own death, can be uncomfortable. Add to that the issue of what will happen to our assets after our deaths and it’s little wonder why so few people have created wills and other…
When you become seriously ill or injured, nursing home care can cost an astronomical amount. You might also know that Medicare would cover only a minimal amount of those costs. Private insurance doesn’t seem like a good bet…
When you die without a plan, your estate’s financial future and legacy to your loved ones rely on the courts to administer your state’s intestacy laws. Dying without an estate plan or a basic will creates confusion, work,…
The process of getting divorced is rarely straightforward. It is a stressful and emotional experience. There are many factors to consider that may also change over time. For younger couples, children are likely a top concern. For older…