Estate Planning

Have you started thinking about your plans for long-term care? Do you know how you want to be cared for if you are unable to take care of yourself? For example, will you go to a nursing home or have an in-home care aide? How will the services be paid for? All these...

Nobody ever wishes that they will end up in a nursing home; however, as people age, the likelihood increases that at some point, they will need some type of skilled nursing services. When that happens, how will you pay for it? Medicare may cover up to 100 days for...

When you're creating your estate plan, you may have an heir that you don't really feel comfortable leaving large amounts of financial assets to. Perhaps they have had problems with drugs, alcohol or gambling addictions in the past. Maybe you're just afraid that they...

When you leave a will behind, the process your estate goes through before the beneficiaries take control of their share of assets is known as probate. It is a court-controlled process that consists of establishing the legality of the will, consolidating assets and...

Your estate plan may not protect you as well as you think it will. If you don't include all of the right documents and keep everything accurate and up-to-date, issues may eventually arise that your estate plan could address but does not. Far too many people only think...

It can be argued that every adult should have at least a simple estate plan. It can still be used to divide assets, even if they are minimal, and estate planning goes far beyond the financial side. You can also use it to set up a medical power of attorney, for...

Creating an estate plan is a responsible thing that all adults should consider. However, an estate plan won’t remain the same forever. As your life changes, you should update your estate plan to reflect them. Some of the times you should update your estate plan are...

Of all the issues to consider when making your estate plan, naming your executor is certainly one of the most crucial. That individual will be expected to make your final wishes happen according to the exact specifications you left.  What does an executor typically...

Most people think of a will as the basis of their estate plan. Some people believe that's all they need. They just assume they have to write out a document saying who is supposed to get what assets, and that's all they need to do. Writing a will is a great place to...

The executor of an estate plays a crucial role in the probate process. They are tasked with identifying and consolidating assets belonging to the estate for passage to the intended beneficiaries. It means that the executor runs the show for the period the estate goes...