Estate Property Valuation and Tax Consequences
The Role of Taxes and Appraisals in Making Gifts Last month, we discussed the role of an executor: the court-appointed person responsible for managing the administration of a deceased [...]
Resources for Caregivers of Older Adults with Dementia
Every year, 16 million people in the United States care for family and friends with dementia, the Centers for Disease Control and Prevention reports. Caregivers of people with dementia provide [...]
Tips on Creating an Estate Plan that Benefits a Child with Special Needs
Parents want their children to be taken care of after they die. But children with disabilities have increased financial and care needs, so ensuring their long-term welfare can be tricky. Proper [...]
Majority of Adult Children Cannot Support Boomer Parents, Surveys Find
A recent survey by the American Advisors Group (AAG) finds that 55 percent of adult children say they are not financially prepared to help their Baby Boomer parents cope with rising inflation and [...]
Plan Ahead Before Seeking Nursing Home Care: Avoid Unnecessary Debt for You and Your Family
Many senior citizens may need the services of a nursing home or at-home care at some point in their life. You might assume that government assistance or health insurance will step in and cover [...]
