June 3, 2020 •
Estate Planning ![]()
Little Richard was 87 when he died, which means the pop revolution he helped popularize -- rock and roll itself – is now old enough to collect Social Security.
Read MoreJune 2, 2020 •
Estate Planning ![]()
To put it bluntly, what if you were in a serious accident or were suddenly rushed to the hospital with COVID-19 symptoms or another life-threatening illness, and you were unable to make health care decisions for yourself?
Read MoreJune 1, 2020 •
Estate Planning ![]()
In most instances, a will is required to go through probate to prove its validity. Investopedia’s recent article entitled “When the Beneficiaries of a Will Are Notified” explains that there are exceptions to the requirement for probate, if the assets of the diseased are below a set dollar amount. This dollar amount depends on state…
Read MoreMay 29, 2020 •
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Most consumers are familiar with the beneficiary designation form they complete when opening an IRA or 401(k). The form designates who receives the asset, if the account owner dies. However, these forms can create confusion, unintended bequests and family turmoil, if not adequately monitored.
Read MoreMay 28, 2020 •
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An immature or troubled child could try to misuse your money or goad you into handing over assets you might need later. Complicated family dynamics, or just your desire for privacy, may make you hesitant to open up.
Read MoreMay 27, 2020 •
Estate Planning ![]()
Estate planning design and implementation is not only complex but can be highly emotional. Therefore, it’s important to have a basic understanding of the estate planning process, before approaching a professional.
Read MoreMay 26, 2020 •
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When parents start the planning process for a child with special needs, they usually work under the perception that if they create a special needs trust (SNT), the child will be taken care of and the needs will be met.
Read MoreMay 25, 2020 •
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When a member of your family dies, you could be left to pick up the financial pieces. Finding all the information you need can be challenging.
Read MoreMay 22, 2020 •
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If you have children or are expecting one, you may also want to take the three big estate planning steps that we did.
Read MoreMay 21, 2020 •
Estate Planning ![]()
Now you can actually have a voice in who is chosen, but you need to do it while you have capacity.
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