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Transferring a Business? Consider a Grantor Retained Annuity Trust
Succession planning for your business can be daunting. Along with selecting the right family member or other individual to carry on the business, you must...
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...
How to Avoid the “Planning to Fail” in Your Estate Plan
You may be familiar with the saying, “Failing to plan is planning to fail.” It’s a significant reason why people set up an estate...
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...
Beware of Predatory Lenders
Older Americans have often built up one solid form of financial security -- equity in their homes. But they are often living on fixed incomes and...
Do You Know What the “Other Hand” is Doing in Handling Your Estate?
You handle a large share of paying the bills and managing the bank accounts. Your spouse handles anything insurance or investment related.
It’s a common...
Do You Know What the “Other Hand” is Doing in Handling Your Estate?
You handle a large share of paying the bills and managing the bank accounts. Your spouse handles anything insurance or investment related.
It’s a common...
Ask the Attorney: Can I store my estate planning documents in a safe deposit...
I would feel better about placing my original estate planning documents in a safe deposit box. Will this be a problem?
If you’re the sole,...
Understand the Basics of Estate Planning
For many people, mapping out an estate plan is something they intend to think about later. But too often, later never comes.
The reasons for not dealing with...
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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...
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5 Reasons You May Still Need Life Insurance After Retirement
Every stage of life has its own unique financial planning and insurance needs and retirement is no different. If your life insurance policy hasn't changed...
Tax-Smart Strategy: Leaving IRA Money to Charity
These days, many people have a large percentage of their wealth in the form of traditional IRA accounts. In most cases, this is because significant...
When Can In-Home Care be Deducted as a Medical Expense?
The U.S. Tax Court provided some insight into the question of the deductibility of in-home care of a disabled individual. The case involved an...
