Estate Planning
How Does My Inherited IRA Fit into Estate Planning?
Most people don’t know the first thing about the Secure Act and yet it has great impact on their retirement planning.
June 3, 2022
Estate Planning
Senior Second Marriages and Estate Planning
More Americans are now getting married over the age of 65 than ever before. Even though this may be a second or third marriage for many, caregivers should nevertheless be aware of certain aspects that shouldn’t be ignored amidst all the wedding plans and celebrations.
June 1, 2022
Estate Planning
What Is the Purpose of a Pet Trust?
Many well-off pet owners have left millions of dollars to their cats, dogs and even chickens—perhaps most notoriously Leona Helmsley, who left US$12 million when she died in 2007 to her white Maltese dog Trouble.
May 31, 2022
Estate Planning
Should I have Revocable Living Trust in Estate Plan?
A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries. It can also significantly reduce the headaches of probate. However, while some assets belong in a trust, others cannot (or should not) go into one.
May 27, 2022
Estate Planning
When a Spouse Dies, Does Survivor Get Their Social Security Benefits?
When you’re gone, your spouse’s income will take a major hit–one that can be worsened significantly, if you make the wrong decision about when to claim.
May 26, 2022
Estate Planning
What Happens If You Become Incapacitated?
Many people ask what would happen if they were in the hospital and unable to make their own medical decisions? The answer depends on whether you planned ahead.
May 25, 2022
Estate Planning
What If You Don’t have a Will?
A recent survey estimated that 68% of people die without a will. The consequences of dying without a will (‘intestate’) can be disastrous.
May 24, 2022
Estate Planning
No Will? Half of Americans Making More than $100K Don’t Have a Will
Among those who do not have an estate plan, 63% said that they have considered creating one in the past and 46% said they do not know how to start.
May 19, 2022
Estate Planning
What Is a Power of Attorney?
A power of attorney is a legal document with which a principal authorizes an agent to act on the principal’s behalf and for the principal’s benefit.
May 18, 2022
Estate Planning
Should You Update Your Estate Plan?
Frequent triggers also include changes in the health of executors and guardians; changes in laws, which may impact tax and legal strategies; and changes in state residence, which can also impact planning.
May 16, 2022
