Where Experience Counts And Results Matter
When a loved one passes away, many people believe they have an immediate right over the estate – this isn’t exactly true. In most cases, people have to wait for a legal process called probate to end before they see any of their inheritance. Understanding what probate...
Medicaid is a needs-based health insurance plan that targets low-income individuals. Medicaid planning is part of the long-term care planning that you should incorporate into your estate plan. Done right, Medicaid can help take care of your long-term care needs....
No two estate plans should look the same. When people ask what a comprehensive estate plan should include, it depends on their needs and their family. That said, there are some documents that everyone should have in place to plan for: Their incapacitation, where they...
The death of a loved one won't just bring intense, adverse emotional reactions. It will also generate hundreds of hours' worth of practical responsibilities in many cases. Family members, especially those who anticipate serving as the executor or personal...
No. 1 - Wills A will is a legal document that declares what you, the testator, want to be done with your estate after you pass away. The will also states who the executor of the Estate is. The executor is responsible for paying any estate taxes or fees and handling...
Planning for retirement often involves setting a little of money aside out of every paycheck. You also probably need to occasionally look at your savings and re-evaluate your retirement plan. As you get closer to retirement, long-term planning also becomes important....
You love your parents, but you know that they are getting older. Your mother’s memory is not what it used to be, and your father’s physical health is not good. You know that you can petition to take on conservatorship or guardianship of your parents, but you don’t...
Many people recognize that estate administration is a really hard job, but many of them still don't know what is actually involved. Whether you are currently planning your estate or a loved one asked you to serve as the executor for their estate, knowing the...
When your parents wrote their wills, they left everything -- including the family home -- to you and your sibling in equal parts. That will, however, was written long ago. It was never updated after your father died, not even when you moved into the home to take care...
Most people know that an estate plan gives them some control over what happens to their assets and personal effects following their death. What happens, however, if someone doesn't take the time to have their will written before their death? In those situations,...