9 Ways To Make Things Easier For Your Survivors
When you die, somebody is going to have to settle your financial affairs. It isn’t an easy job. So why not make it easier for that person or persons? Here are nine things you should do to make it easier for your survivors to settle up your affairs, according to an article on the Huffington […]
Talk About Money Before Heading To The Altar
With wedding bells in your future, you may think that discussing money with your future spouse is gauche. It isn’t. Talking about finances may be nearly as important as talking about the reception or honeymoon. Maybe more important. According to an article on cnbc.com, talking about finances — budgets, insurance, savings and so forth — […]
Updating your Will with a Codicil
Executing a will is a great way to begin the estate planning process. However, it is important to continually update a will as your circumstances change. Marriage, having children or grandchildren, a major change in your finances, and the sale of a house are all examples of situations where it can become important to update […]
I Have a Will, is my Estate Plan Complete?
More and more individuals are turning to the Internet to cheaply create their Last Will and Testament. Although a will is a vital part of any estate plan, a good estate plan includes more than a will. A recent article discusses three additional documents individuals who just have simple wills should consider executing. […]
What if a Parent Won’t Discuss His or Her Estate Plan
Although estate planners are constantly encouraging family members to discuss their estate plans with one another, some people simply refuse to do so. A recent article discusses what to do if your parents insist on staying mum about his or her estate plan. It is first important to realize that, as an adult child of […]
Don’t Gift Things Away in Order to Qualify for Medicaid/ALTCS
When you apply for ALTCS, Arizona’s Long Term Care System, they will require you to disclose any gifts made within the last 5 years, that’s 60 months. A gift happens any time you give or transfer something of value to another person or entity and you did not receive something back for its’ fair […]
Planning for Longer Lives
As medical science continues to improve, Americans are living longer lives than ever before. Unfortunately, however, cognitive decline often goes hand in hand with longer life spans. Therefore, as a recent article explains, families should have a plan to deal with the cognitive decline of loved ones, and the financial difficulties that such decline may […]