Creating your estate plan is one of the most important things you can do as an adult. Some people think that they can just write it and then forget about it. They don’t realize that they may need to discuss the contents of the estate plan with their loved ones. ...
If you have multiple children, one of the biggest business succession planning questions to ask is simple: Do you want to leave the business to all of the children equally, or are you going to pick one person to run it? If you do decide that it is best just to leave...
Different government benefit programs cover different needs. Government insurance programs can help connect otherwise-uninsured people with necessary medical coverage and treatment. Unlike Medicare, which only requires that people reach a certain age to qualify,...
If you or your partner has recently become pregnant, it's likely that you are excited about the news, and can't wait to tell everyone you know. But alongside the excitement, you will also likely feel a newfound sense of responsibility and duty toward your unborn...
Some people are in a position of legal authority over others. Parents and legal guardians of children get to make medical and educational decisions for those miners until they reach adulthood. However, adults with certain special needs and older adults experiencing...
Properly funded and structured with a responsible adult as trustee, a special needs trust could protect a loved one for life. Whether you have a child with special needs or an adult family member incapable of living independently, a trust can support them without...
If you haven’t done any estate planning, but you know you need to, you may feel like you’re falling behind. Don’t most people at least have a will? The truth is twofold. First off, no, most people do not have an estate plan. In fact, reports have found that 68% of...
It can be hard for older adults to let their children know they need support and even harder for them to give up their legal and medical autonomy. Guardianship is an important protection for aging adults struggling to handle their finances independently, but it can be...
If you've watched how the conservatorships of some high-profile individuals have worked out in recent years, you might think that once they're in place, there's no way to terminate them. That's not the case, though. A conservatee and their prospective conservator must...
Many Americans spend their entire working lives paying off the principal balance of their mortgage and accruing equity in their homes. When people die, they frequently leave the home where they lived to their children or other heirs. If no one intends to live in the...
