Let us say that you prepared a will several years ago, which is a good thing. That puts you ahead of more than half the adults in the U.S.However, you are close to retirement now and thinking about other documents you may need, thoughts that cause some...
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As retired member of the military, is your estate plan in order?
When you were serving in the military, you probably prepared a will and may have taken out a life insurance policy to provide for your family in case of your death.How long ago were those documents created? With your recent retirement, you may need to consider updates...
What you need to know about DNRs and hospice care
If you have an aging mother or father, you have probably thought a considerable amount about end-of-life care. When helping your loved one with estate planning, it is a good idea to think about drafting a living will. A medical power of attorney is an important...
Understanding the Federal Gift Tax Annual Exclusion for 2019
Everyone needs to consider how much to leave to their heirs after passing away. Although it seems like a simple transfer of assets, estate planning becomes complicated quickly. There exists a gift tax placed on the transfer of property or money to another person...
Craft a successful nursing home negligence claim
When your elderly loved ones need special assistance and you turn to professionals to provide that care, you expect a certain level of care. Unfortunately, some caretakers do not meet that standard.When improper care leads to injury of your loved ones, you may be able...
Ways to fortify your wishes through your will
A will can be beneficial to various estates, both big and small. In short, it provides a blueprint for distribution of the estate and helps to reduce or eliminate confusion.If you are looking to develop or revise a will for your estate plan, consider a...
4 things every servicemember should have in an estate plan
As a member of the armed services, you have a strong devotion both to your country and your family. After all, unlike many Americans, you agree to put your life on the line to protect everything that makes our country great. As such, even though you are young,...
What you should know about guardianships and conservatorships
Watching your parents grow older is difficult even under the best possible circumstances, but if your parent is also experiencing a decline in his or her overall physical or mental health, it can prove even more emotionally taxing. At some point, you may find that...
3 things you must consider after retirement
Retirement is a time for you to relax and enjoy life after a lifetime of working hard. While you may not want to think about additional planning or life logistics now that you no longer have to go to a job every day, the reality is that there are some issues that...
Why you need to review your estate plan regularly
Creating an estate plan can give you a sense of accomplishment. If you made a plan years ago, you may feel there is no need to revisit it. However, it is crucial to take another look at those dusty old documents in your safe deposit box. You...