You need money in a checking account, so you can pay your bills on an ongoing basis. You also need money in a savings account for emergency expenses, such as when your roof springs a leak or your car gives you trouble. Read more
Probate
Since estate issues, one way or another, affect everyone over time (since death does) and since Medicaid planning has for many years been a topic of popular conversation—and popular misconceptions in the U.S., it is not unusual that both subjects have generated misunderstandings and, in some cases, folklore that has persisted. Read more
The distribution of wealth among beneficiaries through your final will and testament is often a complex and sensitive issue, one that can potentially spark conflicts and legal challenges among family members. Read more
Estate planning is an activity many families, especially in lower-income communities, don’t often use, despite its many benefits. Two-thirds of Americans don’t have a will, according to the 2022 Caring.com survey. Read more
Either a will or trust can be the foundation of your estate plan. If it’s a trust, it’s usually a revocable living trust. Read more
When you think of a trust, you may have visions of contentious family gatherings in an attorney’s office after the death of a patriarch or matriarch. Read more
If a child you’ve added to your deed goes through a divorce, has tax issues, is sued by someone, or must declare bankruptcy, your house could be on the chopping block! Read more
Setting up a trust is one way to transfer wealth to a loved one and create financial stability for them. Read more
When you purchase and own a home, your name is on the title to the property, indicating ownership. However, you can transfer ownership of your residence to another person or entity in the form of a real estate trust. Read more
There are many different configurations of blended families. However, they are generally made up of married couples who have children from previous marriages or relationships. Read more
