If you are like most married couples, you probably have your Wills already set up. But, have you thought to look at what they really say and if that is what you really want now? As we age, the chance that either of the married couple will need long-term care increases. Do your Wills help protect […]
Living Trusts vs. Wills: Being able to give informal direction to trustees
When it comes to planning your estate, there are many decisions that need to be made that ultimately lead to a number of questions. One such query is that regarding living trusts vs. wills and which is better for an estate plan. Wills speak to one moment in time and that is when you die, […]
Providing For Special Needs Grandchildren in an Estate Plan
Planning for special needs grandchildren, or other relative other than your own child, in your estate plan is a great way to help provide for their future once you are gone. However, it needs to be done the right way. People with special needs are often dependent, either now or later in life, on government assistance […]
Common Estate Planning Mistake #19: Failing to change beneficiary designations after death of spouse
After the death of a spouse, or even after a divorce, it’s important to look at and update, if necessary, any beneficiary designations you may have. Too often we see people lulled into a false sense of security by thinking their Will, which may very well cover what happens when each spouse dies first or […]
Don’t Fall Into the “Things Are Too Hectic Right Now” Trap
Last week we discussed when planning should start, which we determined the sooner the better for getting the best results in protecting your life savings from long-term care costs. However, sometimes even the best intentions give way to daily life and the overwhelming feelings that may arise from the very situations the planning is intended […]
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