When it comes to planning for the future, you may have asked yourself, “What should I handle first: getting life insurance or getting a will?” It’s not the easiest decision, but it’s an important one.…
Life insurance plays a vital role in securing your family’s financial future and should be a key component of your estate plan. Whether you’re just starting out or planning for the next generation, understanding the…
When a loved one passes away, their possessions and financial affairs, collectively known as their estate, must go through a legal process called probate. An estate includes everything the deceased person owned, such as money,…
Elder abuse is a growing concern with a real financial impact. It is critical to be aware of an elder’s diminishing capacity and vulnerability to…
Estate planning provides a means to designate a trusted individual or entity to manage your copyrights after your passing.
Let’s explore some of the essential considerations of estate planning for self-employed individuals to ensure a secure future for you and your loved ones.
Understanding what “step-up in basis.” means and how this concept works can significantly impact the wealth you pass on to your heirs.
While it is better to give than to receive, if you give a gift above a certain amount, you might end up owing money to the Internal Revenue Service (IRS).
By 2033, nearly three-quarters of middle-income seniors will be unable to afford assisted living without selling their homes. But long-term care and Medicaid planning can prevent you from having a financial and medical crisis.
As a way to simplify the transfer of real estate, you may be tempted to add a child to the deed as a joint tenant. Although this strategy will successfully transfer the property to the…