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When a person is missing for a long time there can also be a problem with property left in limbo. Property cannot exist in limbo forever when a person is missing and sometimes a family has to go to court to settle issues as ABC 17 News reports in “Family of missing man files petition […]
The Social Security Administration may not give you all the information needed for making decision. Americans may not be receiving all the information they need in order to make the decision that is right for them when it comes time to sign up for Social Security, according to the Motley Fool in “6 Key Facts […]
There are a lot of legal documents and it may be wise to learn a bit about them. The Ventura County Star recently published a list of basic estate planning documents that could help you better understand the lingo when meeting with an attorney in “Get to know estate planning documents.” The documents included are: […]
New project aims at alleviating concerns and regrets of the elderly. The Stanford Friends and Family Letter Project is a relatively simple idea that eases some last-minute concerns of the elderly, according to the New York Times report “Writing a ‘Last Letter’ When You’re Healthy.” It is not surprising that there are many things people […]
More Americans than ever are amassing fortunes but how do you pass on wealth to heirs? There are more families with wealth that surpass $5 million today which increases the need for information on the best way to pass on that wealth to the children, according to Barron’s report “Penta Millionaires: The New Rising Class.” […]
Trusts are sometimes difficult to understand but acquiring that knowledge can be very beneficial. When a person learns they may need to set up a trust, the terminology can be challenging but there are some common trust types as the Motley Fool recently discussed in “Navigating the World of Trust Funds: Your Quick Guide.” The […]
If you are a parent it is likely a will is an essential document. It is likely that once you bring a child into this world you are going to be more concerned about them than you are about yourself which means you need a will as Nerdwallet explains in “Protect Your Family by Writing […]
Dear Abby column advises setting up trust but is that really good advice under the circumstances? A Dear Abby column was recently published in the Chicago Sun Times on setting up a trust in “Dear Abby: He wants a night when wife dresses sexy.” But is that advice really the right way to go? The […]
If you avoid basic estate planning mistakes, you have a better chance of making sure your estate goes to the right people. Mistakes may happen even when people put in their most diligent efforts to avoid them. On the other hand, there are some estate planning mistakes that are easily avoidable. CNBC recently wrote about […]
There are many options when estate planning and a revocable living trust may or may not be a good option for you. The Motley Fool recently discussed the benefits and drawbacks of revocable living trusts in “Is a Revocable Living Trust Right for You?“. The biggest benefit of a revocable living trust is that your […]
