We have talked about trusts quite a bit in the past, and one of the more common (and important) types of trusts is called the "living trust." A trust is an arrangement between the grantor, a trustee and a beneficiary. The grantor gives wealth, assets and/or property...
In less than 12 hours, we will turn our calendars to to January 2016. We will all celebrate a new year, and we will marvel in all of the possibilities that such a new year can bring. Promises will be made and resolutions will be kept (or broken). And in this regard,...
Estate planning is an inherently complicated topic that can leave many people feeling confused. As such, people who are entering the estate planning process often have a lot of questions on their mind. Let's answer a few of the typical questions that get asked while...
The last time we talked about long term care planning was about a month ago. We wrote about LTC insurance, and how it can prove very beneficial to some people. Today, we're going to talk about home care, what options there are for this type of care and why many people...
"A tale of two very different shoppers."That is how a recent national news article chronicling the financial difficulties confronting many middle-class families across the country terms the current year-end holiday season. A closer look at the story reveals what is...
Planning for the inevitable is a great way to stay organized in your life. But when that "inevitable" situation involves your impending death or incapacitation, it can be very difficult to muster up the motivation to plan for it. However, it should go without saying...
Imagine that you are in your later years, and you are in need of a guardian to help you with many important matters in your life. Your finances; your medical care; and even basic household chores or duties are being handled by this guardian. Obviously, given the...
As you can imagine, most deaths are exactly "planned." People don't know when they are going to die, and even if they plan for the end and die of old age -- i.e. if they have an estate plan and are medically declining to the point that death seems apparent -- there...
Whether someone is planning for their later years in life, or they are just trying to strategically place their property and assets in the right place for estate purposes, a trust can help their cause. One common type of trust is the living trust. The living trust...
At some point in our lives, we will no longer be able to do the things that we once did. We won't be able to play basketball with the usual group on Saturdays. Those weekend hiking trips will be a thing of the past. And even some of the more basic tasks, such as...
