As a parent and/or spouse, it’s your responsibility to ensure the financial security of your family in your absence. Estate planning is a “must-have” set of legal documents that help protect your loved ones’ futures, as well as precious family heirlooms that have been passed down each generation. If you haven’t gotten around to planning …
As you get older, estate planning becomes an essential piece of your retirement goals, especially if you have family or loved ones you’re leaving behind. Considering how to allocate and protect your assets may leave you with many questions on how to get the process started. When setting up a trust, for example, the choice …
Nearly everyone has an estate, including you. Your estate comprises everything you own, from your home, car, checking and savings accounts to your investments, insurance, and personal possessions. Estate planning is planning for how an individual’s assets will be preserved, managed, and distributed after his/her passing. It also takes into account the management of the …
The cost of advanced care is expensive, and many people are unaware that Medicare doesn’t cover most long-term care needs, so planning ahead for your care not only allows you time to determine how to pay for it, but it may offer you more opportunities to receive payment assistance. According to the National Institute of …
Planning Long-Term Care Part II: Assets, Finances, and Cost of Care Read More »