Category: Advance Directives
The older one gets, the more expensive the insurance becomes, that is, if it is still available. The possibility of needing long-term care insurance can be a thought that one would like to avoid. However, the truth is it should be discussed and taken into consideration in retirement planning, according to CNBC in “Plan ahead […]
It may be a tough conversation to create an Advanced Directive. However, it can give you peace of mind. While it may be difficult to come to conclusions needed to create an Advanced Directive, it is really a good idea to have one when you reach the age of majority, according to The Herald News in […]
Estate planning is important regardless of age. However, it is especially important to families with young children. Many young families with small children do not have estate planning at the top of their list. However, it really should be a top priority, according to The Daily Sentinel’s in “What is missing from your estate plan?“. […]
It’s easy to put off starting an estate plan. However, you really do want to take care of your family. Why should you have an estate plan? There are many reasons and many goals, including providing for your spouse and children, as well as dealing with a family business, minimizing tax liabilities and naming the […]
There are tools in an estate plan that a college student may need and are also beneficial to you. If your child is heading off to college, you have prepared them already with background education and the ability to live away from home. However, are they prepared with the documents that an adult needs? They […]
It is important to plan ahead in case you are one of the people who will suffer from Alzheimer’s disease. Alzheimer’s disease is a scary proposition and something everyone should consider as a possibility in their future, according to the Times Herald-Record in “Disability planning is vital in case of cognitive impairment.” Unfortunately, experts do […]
You need to make the decision to create an estate plan and then you need to gather facts. In order to create an estate plan, there are certain steps you need to take in order to organize your affairs, according to The Daily Courier in “I’m dead. Now What?”. These steps include: Gathering all your […]
You can go to North Korea. However, the State Department has some advice. The State Department has recommended that American citizens get a will, make funeral plans and get a power of attorney before visiting North Korea, according to Fox News in “Visiting North Korea? Draft a will and make funeral plans, State Department says.” […]
