Friday, September 30, 2022

How to Avoid Ambiguities in a Will

Will drafting can be complicated. People can run into problems if they attempt to do it on their own, or rely on websites that do...

Does Your Loved One Need Hospice Care?

Many hospice organizations incorporate a dove into their logos, because it's a symbol of peace. Hospice care in the United States has steadily gained acceptance as...
mortgage interest deduction and new tax law

Close-Up on Mortgage Interest Deduction Rules

The Tax Cuts and Jobs Act (TCJA) imposes new limits on home mortgage interest deductions. Here's how the changes could affect your tax situation. The Basics For...

7 Reasons to Update a Will

Once you or your loved ones have a will drawn up, don't just put it away for safekeeping and forget about it. If your...
special needs trust for expenses

Special Needs Trust: What Expenses Can It Pay For?

A special needs trust or a supplemental needs trust can be established to help a disabled individual who is receiving assistance from the government -- or...

There May Be Hidden Tax Deductions in Your Retirement Community Fees

You or someone you love may be ready for a retirement community living arrangement, which typically includes lifetime residential accommodations, meals, and some degree...
irrevocable living trust

Decanting a Trust: What Is it? When is it a Good Idea?

An irrevocable trust is usually created to take assets out of the estate of the grantor mostly to: Save on federal or state taxes Remove...

The Conversations You Must Have Now About Your Health Care Decisions

Selecting a trust-worthy agent who will ultimately be the decision-making authority for your medical care if something happens to you is an important decision....

Buy-Sell Agreement: Be Sure to Answer These Questions

Resolve "what if?" questions now if you own a business! One estate planning tool that can protect your family and partners is a buy-sell agreement. This...
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Should You Serve as Executor?

When someone asks you to serve as executor of his or her estate, it is generally meant as a compliment that he or she trusts...

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Why Business Owners Don’t Plan for Succession – and Why It’s...

Many business owners procrastinate putting a well-conceived succession plan in place. The reasons are understandable. It can be difficult to plan for your replacement and...

Appeal Questionable Social Security Administration Decisions

Are you interested in appealing a decision made by the Social Security Administration (SSA)? You have the right, but certain steps must be followed. Is it worth...

WHAT YOU SHOULD KNOW ABOUT MEDICAID PLANNING

You’re active and in relatively good health. You’re finally enjoying the things you now have time to do as a retiree – or looking...

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