You may have no desire to write out a will, let alone consider all the other elements of an estate plan. However, if you want to care for your loved ones and even yourself, you should dedicate real time to a viable plan. There is more to an estate plan than simply who...
Estate Planning
What are some common myths about estate planning?
Wills and other estate planning tools protect your assets, but they also safeguard your family after you are gone. Also, a solid estate plan can even benefit you while you are still alive. Unfortunately, myths surrounding estate planning can prevent people from making...
FAQ about Medicaid planning
The expense of long-term elderly care often costs more than most families have available. Instead of relying on life savings or home equity, Medicaid is available to pay for this resource. However, Medicaid only provides long-term nursing home coverage to low-income...
4 estate planning mistakes you will want to avoid
Perhaps you are new to estate planning and are thinking about creating your will while taking a look at other tools such as a trust or powers of attorney. Preparing for the future is important for anyone, but here are four estate planning mistakes you should avoid. 1....
How should you discuss estate planning with your elderly parents?
When thinking of important topics that impact your elderly parents, you may shy away from starting a discussion out of fear or confusion. Taking the first steps when talking about estate planning with them can help you both become more organized. Following a few tips...
What should young families understand about estate planning?
The birth of your child can leave you with many big questions, some of which may be about their future and yours. When thinking about estate planning, you could wonder what the benefits are when you just had a young child. Learning more about what new parents need and...
3 key estate planning provisions for small business owners
Estate planning is crucial to your business and family's future. If you are strategic in how you establish the different aspects of your estate, you can help ensure your company's success when you are no longer involved. Here are three key elements of your estate...
Is it time to review your estate plan?
After creating your estate plan, you may initially want to just leave it as-is. After all, it takes so long to create a plan in the first place that not many want to start messing around with it soon after finishing. In reality, however, you will likely need to update...
If you want to set up a trust to ensure that your disabled loved one receives the support they count on down the road, it is pivotal to understand how special needs trusts work. These trusts help many families who worry about the well-being of an adult or child who...
The benefits of a comprehensive estate plan
An estate plan can be as simple as having your will drawn up. However, for most people, that is not enough. An incomplete estate plan can have unintended consequences for your loved ones, such as the delays and costs of having to put your entire estate through...