A new study reveals that we are less concerned about dying, than we are about dementia and experiencing pain at death. And, no surprise, half of the people surveyed did not have a will. A report released by Merrill Lynch…
The amount of taxes paid on withdrawals from IRA accounts depends on a number of different factors. Mapping this out in advance, will let you plan a retirement budget with fewer tax surprises. Your tax liability on IRA and other…
The early stages of Alzheimer’s can be difficult to negotiate for family members. What happens when a parent with a diagnosis of Alzheimer’s decides she wants to sell the family home, without having any discussion with other family members or…
Each state has its own laws about estate taxes and inheritance taxes. If you’re waiting on an inheritance and you’re not the executor, it can be more frustrating when you don’t know what’s taking so long. The question is asked…
If you don’t remember the last time that your estate plan and related documents were reviewed, that’s a clear signal that you should put this task on your to-do list and on your estate planning attorney’s appointment calendar. Reviewing an…
Most people purchase their homes without thinking about a trust. However, this option can provide some benefits to the owner and their family. By putting the property in a trust, your successor becomes the trustee. For older individuals buying homes,…
Members of the Kardashian clan are excellent business people—something that’s often forgotten in the focus on their elaborate lifestyles. Kylie’s no exception, worth nearly a billion dollars, according to Forbes. One of the questions around the Super Bowl was not…
As more people call themselves “citizens of the world,” there are an increasing number of Americans with assets in other countries. This makes estate planning a bit more complex. Structuring how assets are owned in foreign countries needs to be…
The problem with mistakes to an estate plan, is that many are irreversible and cannot be fixed. Those that can be fixed are often expensive. It is best to do it right the first time. Many of the top reasons…
Accidents and injuries occur all the time. That’s why every adult needs a power of attorney, in the same way that everyone needs a will. A power of attorney lets you name a person who can step in to conduct…