Category: Estate Planning
Women should consider how to care for loved ones through an estate plan as well as themselves. Women live approximately 4.9 years longer than men. That fact should be considered in estate planning, according to the Boca Newspaper in “Smart Tips for Women: Estate Planning“. If you plan carefully, wishes for the distribution of your […]
It is not only your decisions that create a comfortable retirement but also the impact of economic events. One of the keys to supporting a successful retirement, is to generate sufficient income to enjoy a comfortable retirement and also employ tactics that protect your income from possible changes over time, according to CNBC.com in “Here […]
Wouldn’t you prefer to decide where your assets end up rather than have the state make the decisions? You don’t have an estate plan? If that is the case then there is a pretty good chance you will leave behind family confusion, family infighting and left over hard feelings, according to Zing! in “What Happens […]
If you are ready to pack up and leave the work life behind, there are a few things to consider. You have worked for decades and it is now time to retire. But wait, there are some things it would be wise to accomplish during those last months of working, according to Next Avenue in […]
The medical procedure may be routine. However, you still need to be ready with answers. Many documents including health care proxy may now need to be in place before medical procedures, according to the Kirkland Reporter in “Take control of health care decisions in 2019 | Coming of Age…Again“. Someone, whether a parent, spouse, friend […]
What is the next step if aging parents can no longer easily handle financial and legal affairs? The transition of adult child to caregiver can create some real challenges, when it comes to helping aging parents, according to the Monterey Herald in “Financial planning: Family communication helps aging parents“. Parents are often reluctant to seek […]
A periodic review will also give you an idea of any changes that are necessary. A will is certainly something that should be completed. However, it isn’t a document to put on the shelf and forgotten because, as your life and government laws change, so should your will, according to The Item in “Don’t wait […]
Why is the revocable trust so appealing? You can change it whenever you’d like. You do not have to have a lot of money or assets in order to benefit from the use of trusts, according to Barron’s in “Why a Trust is a Great Estate Planning Tool – Even if You’re Not Rich“. Many […]
Check your estate plan for changes required to meet new requirements and opportunities. Changes imposed by the passage of the Tax Cuts and Jobs Act create a need to revisit your estate plan if you have not already done so, according to The Kansas City Star in “Talk to estate attorney about impacts of Tax […]
A good plan accomplishes your goals when you are gone and protects your loved ones. Most people realize that they need an estate plan, yet the vast majority of Americans do not have one, according to the Lockport Journal in “Senior Spotlight: Composing the ‘family love letter’“. One reason people don’t take care of this […]
