An estate plan is designed to ensure that your assets are distributed according to your wishes and to provide for your loved ones after you pass away. It requires organization and strategy and begins with five key legal documents that…
A gun trust allows individuals to own firearms in a legal manner, allowing them to share access to firearms with others while remaining compliant with the law. This approach is beneficial for those who own restricted firearms or firearms regulated…
Along with the SECURE 2.0 Act in December 2022, tax provisions were recently incorporated into the Inflation Reduction Act (IRA), which became law in August 2022. Lower-income household tax code changes will automatically take effect. Households of higher income and…
When you become seriously ill or injured, nursing home care can be astronomically expensive. You might also know that Medicare would cover only a minimal amount of those costs. Private insurance doesn’t seem like a good bet if you’ve heard…
The thought of death, especially your own, is uncomfortable. Add to that the issue of what will happen to our assets after our deaths and it’s little wonder why so few people have created wills and other estate planning documents.…
It’s unpleasant to think that a traumatic event or a chronic illness might incapacitate you. People experience this every day, unfortunately. With this knowledge, many people like to prepare in advance for the kind of treatment they want in the…
Power of attorney (POA) documents are essential to a successful legal proceeding. If there comes a time when you or your senior loved one becomes unable to manage your finances or make healthcare decisions, having your documents in order will…
COVID-19 has made Americans more aware of the importance of having a will, a living will, and perhaps even a living trust. Still, this knowledge is not translating into estate planning action. No matter your age or asset level, having…
It’s impossible to avoid sibling rivalry in most families. Depending on your particular family members and the dynamic between them, old rivalries from the past can become more significant when a parent passes. Adult children who are emotionally upset and…