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Maintaining Some Independence through Assisted Living
Most elderly people don't need nursing homes, but many require help with daily activities. If providing that support isn't practical for family and friends, assisted...
Will Pass-Through Entities Still Be Beneficial under the Tax Cuts and Jobs Act?
Will pass-through entities still be popular under the Tax Cuts and Jobs Act (TCJA)? The tax rules for pass-through entities, including S corporations, limited liability...
Home Improvements: Stay Clear of Mechanics’ Liens
It usually starts out simply enough: You want to make some improvements to your home such as remodeling the kitchen and bathrooms or adding...
Want to Avoid Probate? Here are 6 Ways to Do It.
Life is busy. If you're like most people, you have a long list of things to do. However, it's critical to make time regularly to...
How Will You Handle Your Digital Estate? (And, yes, you do have one.)
Some assets don’t necessarily fit into our traditional approach to estate planning. We know how to account for bank accounts and real property. But...
Concerned about Fido’s Care? Consider a Pet Trust
Pets are often considered family members, yet many owners don't plan for their future in the event of death or incapacitation. What happens to...
Fear Factors in Elder Care Planning
The fear of many elderly individuals -- perhaps even yourself or someone in your family -- is that nursing home costs will consume their life...
Understanding Dynasty Trusts
Essentially, a dynasty trust enables a grantor to gift or bequest funds to the trust for the use of beneficiaries and subsequent generations. The...
Should You Name Your Trust as Beneficiary of Retirement Plan Assets?
As you may know, the person (or persons) designated as the beneficiary of your tax-deferred 401(k) plan, 403(b) plan traditional IRA, Roth IRA and other...
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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...
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Is it a Good Idea to Name Co-Executors or Co-Personal Reps?
When drafting a will, you need to decide who'll be the executor or personal representative handling your estate when you die.
Individuals who serve in these...
Have You Updated Your Beneficiary Designations?
Regardless of your income or net worth, there's one estate planning move you should probably make right now: Check the beneficiary designations for your life...
How to Use a Prenuptial Agreement as an Estate Planning Tool
Prenuptial agreements and domestic law vary from one state to another but nearly every state has laws that prevent one spouse from entirely disinheriting the...
