Why Everyone Needs a Will
Your net worth has very little to do with why you need a will. Everyone needs a will and an estate plan. The will does more than give you a chance to distribute your property as you see fit. Having…
Exploring the Need for a Trust
This is a common question we hear. Read on for information to help figure out whether you need a trust and, if so, what kind fits your specific situation. For example, maybe you have a disabled child and you want…
Georgia Woman Tries to Steal Trust Fund from Special Needs Son
A mother of a twenty-year old special needs son has turned herself in to the authorities. However, her son is still unaccounted for, and there’s no way to know if he is being properly cared for. She’s facing a long…
Medicare Leveraging the Latest Technologies
Many seniors who are financially stable and choosing to age in place already have a “smart” home employing the sorts of technology that can prolong their independent living circumstances. Family caregivers are freer to move about their daily lives knowing…
Is There a Limit to the Number of IRAs I Can Own?
Few people actually plan to have multiple IRAs, but it happens, usually after starting a new job, when it’s easier just to open a new IRA rather than deal with a rollover. Traditional IRA, Roth, SEP, spousal—there’s no legal limit…
Dad Refuses to Create an Estate Plan, Can Kids Do Anything?
There are some people who simply can’t be persuaded that an estate plan could help their family. If the stubborn person is legally competent, there’s not a lot that can be done. Some parents are just set in their ways,…
Second Marriages and Money
Getting married for the second, or third, time, is a little more complicated than first-time marriages. There are usually children to consider, and assets, like a home and retirement savings. By the time you’re ready to walk down the aisle…
Guide for Newly Appointed Trustees
Your friend Rose has created a trust and she would like you to be her trustee. You want to help, but you’re concerned about all that responsibility. You would be managing Rose’s property for her and for others whom she…
What Role Does Charitable Giving Play in an Estate Plan?
We are a nation of volunteers and donors. Some give their time and expertise to charities, while others feel a responsibility to give back financially. There are different ways to give and there are still tax benefits to be gained…
My Spouse Has Died. What Now?
The loss of a spouse is one of the most stressful events of anyone’s life. It’s a time of great vulnerability, yet there are so many decisions to make and things to do. How do you proceed? Probably the best…