Age With Confidence
And Grace
Giving away assets while you are still alive can be a wonderful way to see your family enjoy their inheritance. It can also reduce the overall size of your estate, which helps your loved ones avoid financial burdens down the road. Still, making large financial moves...
Change comes quickly when a parent moves into assisted living. You want to do the right thing, but there's a lot to manage, including what will happen to their property. Understanding how probate works and which assets are exempt can give you some peace of mind during...
The main goal for many people putting together an estate plan is to provide economic support for their loved ones after they die. They choose specific family members to inherit certain assets and may attempt to maximize how much of their property passes to their...
An estate plan allows you to provide instructions on what you want done with your assets when you pass away. You should ensure that you get this taken care of as soon as possible. There are several components of an estate plan that you should consider. This includes...
It’s a wonderful thing to be able to leave an inheritance to your children (and, maybe, their children), especially if the amount is substantial. However, inheriting a large amount of money can actually be a double-edged sword. On one hand, it opens up opportunities...
In estate planning, money and property are distributed after a loved one passes away. Though many people are familiar with wills as a means of distributing assets, trusts can be even more effective. A trust is a legal arrangement where a person, known as the grantor,...
In many cases, disabilities and special needs are used interchangeably, but their meanings are different. Disability is a legal term referring to a physical or mental impairment substantially limiting one or more major life activities. Special needs is a more general...
When you have a child with special needs, estate planning requires special consideration. You'll need to assess how your child will be able to function in the world as they age. There are many questions to answer, including: What is the child's long-term prognosis...
Planning for end-of-life is never a pleasant or easy topic to think about, let alone talk about. However, if we are honest with ourselves, death is a normal part of life. Planning for how your assets will be distributed after death is critical to financial...
The number of Americans who are widowed or divorced has reached record levels, causing new partnerships to form among older Americans. The US Census Bureau reports that more than half of all older adults have only married once, opting to stay legally single in their...
