Initially, it may seem as though life insurance does not have much impact on your estate plan. However, life insurance can be an integral, indispensably important part of a well-thought-out estate plan. There are numerous other benefits to owning a…
There are more than 5 million Americans suffering from Alzheimer’s disease. Projections by the Alzheimer’s Association (alz.org) are that by 2050 more than 14 million Americans will suffer from this disease. What can you do if you are medically diagnosed…
In estate planning, it is common that parents divide the inheritance equally among the children. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be that…
Probate is the legal process of handling the estate of someone who has passed, where an executor assists in the distribution of the assets, clearing any debts, and finalizing any taxes owed in accordance with the will. To begin probate,…
You may have seen a friend or loved one suffer for a long time with Alzheimer’s. In the final stages of this and other dementia diseases, there comes a time when the person can no longer speak, recognize loved ones,…
If you want to address issues in both business and in more personal realms when you pass, you may want a letter of intent (LOI). Your LOI is a valuable piece in your estate planning, and although it is an…
If your beneficiary is no longer, what happens to your inheritance? You may be wondering whether if you leave property to your brother Jim, but he dies before you, would his kids inherit the property in his place? The answer…
According to caring.com and despite the COVID-19 pandemic, overall percentages of older Americans without a will, in essence, remain the same. Remarkably, younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times. This 18 –…
A Caring.com survey about wills shows the number of Americans with a will has had a minimal increase of only 2.5 percent over the past year. Overall, the percentage of those with a will continues to decline, 33 percent in…
Estate planning is vitally important when protecting your loved ones, regardless of your orientation. In the LGBTQIA+ community, estate planning can legally protect against discrimination even if others are reluctant to recognize your relationship and your desire to permit your…
