Year: 2018
Spouse retains full rights to estate, unless there is a divorce. There were two deaths in the celebrity world recently that involved separations, highlighting a peculiar issue in estate law, according to Forbes in “Kate Spade, Anthony Bourdain And Estate Planning When You Are Separated.” The deaths were of fashion designer Kate Spade and celebrity […]
Opponents often claim that Social Security is going broke and will soon be bankrupt. However, that isn’t true. A recent government report is being used by opponents of Social Security and government spending as ammunition to charge that if something is not done, then Social Security will go broke in 2022. The claim is not true, […]
There are health benefits to being mentally and physically active. People seem to have no problem learning how to have fun when they are young. However, that often disappears when they enter the work force and begin living an adult life. However, when they retire, they have the time to have fun again. It is […]
There is a lot of paperwork involved in transferring property and it needs to be done correctly. Ownership of property must be traced from one owner to another. However, when someone passes away, things change. There is now property that needs to change ownership. That creates the need for a lot of paperwork that needs […]
Some estate planning mistakes should be avoided, but they aren’t! Some basic mistakes should never be made in the first place. However, unfortunately they happen over and over again. While a comprehensive list of these mistakes probably is not possible, a list of surprising errors were created, according to the Wills, Trusts & Estates Prof Blog […]
New study on expectations of wealthy young people is disturbing. A large percentage of affluent 18-22 year-olds believe that their retirements will be funded by the inheritances they expect to receive, according to a recent survey. This could mean they are spending all their own money and not saving any of it, according to Bloomberg […]
If you can and do work past the traditional retirement age, you may live a longer life. It is possible that people who continue to work past retirement age are not only going to make more money, but live longer, according to Harvard Health Publisher in “Working later in life can pay off in more […]
There are some steps to follow if there appears to be no will. If a parent passes away and didn’t leave a will or you can’t locate one, things do not have to be too difficult. There are a few steps people need to take if they find themselves in this situation, according to Forbes […]
Standard rules for dealing with digital accounts, have yet to be developed. Rules and regulations vary greatly between different states and between different websites on which people have accounts. However, there are a few things everyone can do now to make it easier for others to handle their digital accounts after they pass away, according to […]
No one wants to end up in a nursing home. However, if you do, it is best to have planned ahead. People who need nursing home care do not have a choice. One of the big problems is that staying in a nursing home for any length of time is incredibly expensive. It is also […]
