No matter what your gender identity or sexual orientation, estate planning is essential for protecting your assets, wishes, and loved ones. Estate planning allows you to designate your partner, whether you are married or not, as the person who can…
There is nothing more difficult than talking about death, preparing for it can make it seem even harder. However, end-of-life planning is an important part of estate planning. No one wants their family to have to make emergency medical decisions…
There is a good chance that you have a beneficiary, since retirement accounts, wills, and trusts commonly have beneficiaries. A beneficiary is an individual (or legal entity) to receive the proceeds from a financial product or vehicle when the owner…
In order to supplement their loved one's needs and quality of life while continuing to qualify for public assistance, many people with loved ones with disabilities create special needs trusts (SNTs) to save money tax-free. In 2014, the ABLE Act…
Dealing with death and receiving an inheritance is an emotional time following the loss of a loved one. The loss of a loved one is sad, but the influx of funds can bring joy or relief. It can be hard…
The distribution of your assets and who should manage them are probably questions you have no matter where you are in the estate planning process. A trust can be a great tool in your estate planning tool kit. A properly…
An emotional divorce can lead to financial turmoil (especially if children are involved). Rarely is the division of assets an amicable process. While your estate plan may be the furthest thing from your mind during a divorce, without updating your documents,…
Can you make your own healthcare decisions if you become seriously ill or accidentally injured? You don’t have to be old to become incapacitated. A living will, a component of an advance health care directive can outline your wishes so that…
It is inevitable that siblings will compete in most families. Depending on how your family interacts and how their dynamics are, old rivalries can become more significant when a parent passes away. Adult children who are emotionally upset and in the…