Estate Planning

One area that you need to think about as you age is how your finances and your estate might be impacted if you have to enter a skilled nursing facility.  Many people don’t realize that this can quickly deplete many estates, which would mean that your loved ones won’t...

Almost anyone who assumes a position of trust in managing someone else's finances, such as an attorney, accountant or financial planner, Executors of estates are also fiduciaries.  Executors of estates have multiple responsibilities, all of which aim to protect a...

The death of a family member can represent a challenging time for heirs and surviving loved ones. Unfortunately, the situation can become emotionally charged when one or more individuals believe the will to be invalid. When this happens, it is wise to understand your...

Divorce and subsequent remarriage have become incredibly commonplace. Blended families are no longer unusual but part of mainstream American culture. However, they still have special legal considerations that you shouldn't ignore.   You probably reviewed your estate...

There are a variety of circumstances that may warrant someone becoming a Medicaid recipient. Individuals with lower incomes or disabilities often rely on this government-subsidized insurance coverage for their basic medical care or nursing home costs. These recipients...

Most people think that long-term care planning is something that only older people need to worry about -- but that's not true. Long-term care planning is something that's best to contemplate while you're still young (or relatively so). There's no guarantee that you...

As you get older, you might want to look into setting up your long-term care strategy. You may have some unique options to choose from depending on what you’ve done in your life. You might find that you qualify for a Veterans Pension if you served for at least 90 days...

Picking someone to have your medical power of attorney wasn’t easy. After all, you had to find someone who was willing and able to take on the responsibility. They also had to be someone who understands your wishes and is comfortable following them. After a tough...

For parents, an important part of estate planning is choosing a guardian for a child who is still a minor. It may be hard to think of anyone replacing you, but that’s exactly what they need to do in case something happens to you before your child turns 18. Most...

As you reach retirement, one thing you may start looking at is how much debt you’re carrying. If you have a significant amount of debt, you’ll start focusing on paying it off. If you are concerned that there may come a time when you won’t be able to afford to pay down...