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…
A common mistake many people make with their life insurance is simply naming a loved-one as a beneficiary of the policy. But simply naming a beneficiary is the bare minimum. Life insurance is a hugely…
For your trust to keep your assets out of probate court, it’s essential that you’ve funded your trust. While creating a living trust is a great step towards smart planning, “funding your trust” is an…
Even if you’re no fan of pop music, you’ve probably heard the recent news about Britney Spears and the trending #FreeBritney movement. Britney has been under a conservatorship since 2009, but recently that has come…
Caring for an aging parent can be an overwhelming job. In addition to managing your own life and responsibilities, caregivers also do the same for parents who can no longer look after themselves. Check out…