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You should update your will after these major life events
Creating a will can have many benefits, especially if you are the owner of many valuable assets. Most people die without creating a will, and this brings difficulty to family and friends. A will should be updated at least once or twice. The most ideal time to update a...
read moreEstate planning: Protect your assets and beneficiaries
Estate planning helps people receive the assets you want them to. It should be done early on, and after any life changing event. One benefit of estate planning is called beneficiary designation, and this says who gets what after you die. Tax and business information...
read more3 Estate Planning Tips For New Parents – Huffington Post Canada
Estate planning is important for parents who want a say in who will raise their children should they suffer an incapacitating accident, or should they pass away unexpectedly. While most people understand that a will or trust may be used to address how assets should be...
read moreThe Jewish Chronicle – Laugh will and testament using humor to … – thejewishchronicle.net
Death, dying, and mortality are difficult subjects for many to discuss, but that is exactly why psychiatrist Joel Schwartz wants to discuss them. His method of discussion is considered a bit unorthodox, as he prefers humor to deal with the grief, and mentions that...
read moreUsing Revocable Living Trusts in Estate Planning
The creation of a Revocable Living Trust can help protect assets from proabate, and the loss of assets to expenses relating to the transfer of the estate to heirs. These trusts can work to not only manage the immediate transfer, but can also be used for large assets...
read moreRetirement living and long-term care planning may coincide
Planning for retirement living should also include the possibility of possible long term care requirements. Starting this process earlier in life can make this burden a lot easier. Making this plan takes the pressure off family members and allows a more smooth...
read moreCONNECTICUT MONEY: Even celebrities fail at estate planning – Torrington Register Citizen
Estate planning isn't just for the wealthy. Everyone should have a plan for the disposition of their assets after their death. Even the wealthy and famous legal minds have had drawn out legal issues related to their estates. Unexpected death and poorly worded wills...
read moreBonnie Kraham: Clearing up confusion about the amazing MAPT – Times Herald-Record
It is important to clear up confusion about the amazing MAPT. One misconception that is out there about MAPT is that when you put your house into it, then you cannot sell it. That is far from true, the trust can actually sell the house. The proceeds are paid to the...
read moreIf Medicaid is Cut, is the Result a Crisis for Some SNF Residents?
I actually believe it could become a huge crisis. However, they"ll have to be some alternatives to help the sick and elderly, at least I would hope so.Remember the baby boomers are now up in age. Most payed into Medicaid and Medicare during their working days,so I do...
read moreKeep Mental Hang-Ups From Sabotaging Estate Planning – Greater Wilmington Business Journal
This article discusses how setting up a will can be complicated with different levels of complexities. In addition to being an emotional event occurrence, the article points out that it can bring up deeper issues within families. The articles lists several examples of...
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