October 19, 2020 •
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The Netherlands, as it happens, ranks tops in long-term care provision among developed countries — if your metric is total spending level, where it ranks first at 3.7% of GDP or projected future spending, or total projected spending in 2070, where it comes out at 6% of GDP, second only to Norway (7.1%).
Read MoreOctober 16, 2020 •
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Federal estate, gift and GST tax exemptions are currently at historic highs ($11.58 million per individual in 2020). These higher exemptions are scheduled to return to $5 million, adjusted for inflation, after December 31, 2025, but they could be reduced before then, as a result of political or policy changes.
Read MoreOctober 15, 2020 •
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In tough economic times, people are sometimes left scrambling for cash to meet everyday expenses and lifestyle demands. Your life insurance policy is a possible source of funds – but should you tap into it?
Read MoreOctober 14, 2020 •
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The probate process refers to court proceedings that you have to go through when a loved one passes on, and they have left an asset in their name.
Read MoreOctober 13, 2020 •
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Estate planning is all about ensuring that your wishes are met after your death. All estate plans should include a will and powers of attorney. However, in many cases, a trust has additional benefits beyond what can be accomplished with the will and powers of attorney.
Read MoreOctober 12, 2020 •
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September is the most common birth month of the year. It's also a good time for new parents to think about the financial side of their parental responsibilities.
Read MoreOctober 9, 2020 •
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Only you know the strengths and weaknesses of your family members, putting you in the best position to decide if your spouse or your child can appreciate a trustee’s responsibilities.
Read MoreOctober 8, 2020 •
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For most of us, considering the distribution of the property we have accumulated over our lives is a painful reminder of our mortality.
Read MoreOctober 7, 2020 •
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The availability of long-term care insurance policies is continuing to decline, even as the need for such care is growing, an interagency task force led by the Treasury Department has said.
Read MoreOctober 6, 2020 •
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Unfortunately, due to hidden resentments, siblings still tend to end up in court suing each other and losing great chunks of their inheritance in the process all too frequently.
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