Creating an estate plan will pull you in many different directions. On one front, you want to do what’s best for you and your loved ones, no matter what it takes. Conversely, you’re not excited about spending too much time on the process, as it’s not your idea of a good time. It’s natural to … Read more
What’s an “Assignment and Nominee” agreement and what does it do? Some attorneys use such an agreement as a belt and suspenders approach to funding.Read on to learn more.
Leaving assets to your adult children or other beneficiaries may seem simple. But in many situations, it can be quite tricky.Read on to learn more.
If you have a child or children, it’s critical to determine who would care for them in the event that you and your spouse pass on before they reach the legal age of 18. Leaving it to the court to decide is a risk that you don’t want to take; you never know where your … Read more
Choosing a nursing home is one thing, but paying for this type of care is something entirely different. As you begin your search, whether it be for yourself or a loved one, pay close attention to the financial impact of your decision. There are many ways to pay for nursing home care, so you should … Read more
There is more to long-term care planning than meets the eye. If you neglect to take every detail into consideration, you could miss out on something that’s important to you, your loved ones, and your financial circumstances. Here are three things you need to know about long-term care planning (that you may have overlooked to … Read more
You create an estate plan with the idea that it’ll protect you, your loved ones, and your finances both now and upon your death. However, there’s something you may be overlooking: your estate planning needs can and probably will change as you age. For this reason, it’s critical that you update your estate plan as … Read more
Once you create an estate plan, it’s easy to talk yourself into believing that it’ll remain viable for the rest of your life. And while that may hold true with the majority of your plan, there’s a good chance you’ll have to make changes as you age. For this reason, it’s critical that you develop … Read more
Are you the proud owner of a small business? Are you concerned about what will happen to your business in the future, such as if you’re unable to manage it due to incapacity or upon your passing? When you create an estate plan, it’s critical that you focus a good portion of your time and … Read more
No matter who you are, it’s essential that you have a plan in place to preserve your wealth with an eye toward reaching all your long-term goals. This is easier said than done, but with the right approach (sooner rather than later) you’ll find yourself in a better position. There’s a lot that goes into … Read more