Protecting Your Vacation Home with a Cabin Trust
Many people own a family vacation home–a lakeside cabin, a beachfront condo–a place where parents, children and grandchildren can gather for vacations, holidays and a bit of relaxation. It is ...
What is Estate Recovery?
Medicaid is a federal health program for individuals with low income and financial resources that is administered by each state. This program is intended to help individuals and couples pay ...
What to Do After a Loved One Passes Away
The loss of a loved one is a difficult time, often made more stressful when one has to handle the affairs of the deceased. This may be a great undertaking ...
Should You Disinherit a Child?
Most parents choose to leave their estates equally to their children. But sometimes, parents intentionally choose to not leave anything to a child. There may be a legitimate reason: one ...
Young and Ill, without Advance Directives
When you are a child, your parents serve as your decision makers. They have ultimate say in where you go to school, what extracurricular activities you partake in and where, ...
8 Things to Consider When Selecting a Caregiver for Your Senior Parent
As a child of a senior citizen, you are faced with many choices in helping to care for your parent. You want the very best care for your mother or ...
Senior Citizens Comprise Growing Demographic of Bankruptcy Filers
It’s called your “golden years” but for many seniors and baby boomers, there is no gold and retirement savings are too often insufficient to maintain even basic living standards of ...
Who Should Be Your Successor Trustee?
If you have a revocable living trust, you probably named yourself as trustee so you can continue to manage your own financial affairs, but eventually someone will need to step ...
How to Choose a Trustee
When you establish a trust, you name someone to be the trustee. A trustee basically does what you do right now with your financial affairs—collect income, pay bills and taxes, ...
Protecting Your Legacy with Estate Tax Planning
You spend your whole life building your legacy but sadly, that is not always enough. Without careful estate tax planning, much of it could be lost to taxes or misdirected. ...