Although in many situations the advantages outweigh the disadvantages when selecting beneficiaries, there are always exceptions.What Is a Beneficiary?Beneficiaries are individuals who you select [...]
According to the 2023 Wills and Estate Planning Survey by Caring.com, only 34 percent of Americans have an estate plan.The primary reasons respondents gave for not participating in estate [...]
Aging is an inevitable reality for everyone. As part of this, many adults engage in long-term planning in anticipation of their later years. But, for many in the LGBTQ+ community, there is [...]
None of us wants to believe that we or our loved ones could fall victim to a scam that could rob us of our hard-earned money. But according to the AARP, the Federal Trade Commission (FTC), and a [...]
When individuals cannot manage their finances, courts can appoint guardians. Financial guardianship is for those who need help handling money.Depending on the jurisdiction, financial guardianship [...]
Estrangement refers to a breakdown in a relationship, such as a relationship with a spouse or family member, where there is no longer any communication, or communication has become hostile, and [...]
Following the death of a family member, you may find yourself needing to sort through many possessions accumulated over the deceased’s lifetime. An estate sale is one way to dispose of those [...]
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 [...]
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 [...]
Being the executor of an estate can be a time-consuming job, depending on the size and complexity of the estate. While a simple estate can take a few months and not require a huge time [...]
