Aging solo is about those individuals who are widowed or not married, live alone and have no family or none they can count on. They are going through the last years of their lives on their own. It can be just fine until one’s health declines and the usual activities and access to friends get out of reach. Read more
Knowing the tax rules can help you pass on more of your money to your loved ones while minimizing taxes. Read more
While it may not seem necessary when a special needs child is young, setting up a trust to ensure their financial stability is better to be done sooner rather than later. Read more
Although there is certainly no shortage of people with selfish or malevolent intent, a great number of estate plans that end in disaster are due to unintended consequences. Read more
Step-up in basis, also known as stepped-up basis, is a wrinkle in the federal tax code that can help heirs avoid or reduce taxes on inherited assets. Read more
While many people think that estate planning is only for the wealthy, experts say that’s not the case. Read more
There are certain provisions that people often forget to put in a will or estate plan that can have a big impact on a family. Read more
How this is handled now depends on the plans the deceased made when they were alive. For some people, that might mean probate. Read more
It is essential that women do not surrender the responsibility of managing their financial affairs and devising their estate plan to their family … but take complete charge of this important duty. Read more
Nobody likes thinking about what happens if they should become incapacitated or die. However, we all need to have a plan in place for just these possibilities. Read more
