Creating your estate plan is an important process, especially when you have specific needs for the distribution of your assets. Many people believe that estate planning is a one-time thing. You might wonder if you need to do anything with your estate plan after you...
Estate Planning
How do you spot red flags in long-term care?
When looking for a long-term care facility, it may seem overwhelming. There are plenty of options, and many people have an opinion about what makes a good care facility. How can a person tell whether or not the facility they are looking at has any red flags? Revolving...
3 things to look for when reviewing your estate plan
Writing an estate plan is a necessary task that most Americans never get around to doing. In fact, according to reporting from CNBC, roughly 67 percent of adults in the U.S. do not have even a will, let alone a comprehensive estate plan. While you certainly should be...
What certifications do estate planners need?
Many different people can also double as estate planners, including accountants, financial advisors and lawyers. These people specialize in estate planning and provide services to anyone hoping to transfer their assets to beneficiaries. To show that they possess the...
What happens when your parent does not leave a will?
When you become an adult, you begin to recognize how much your parents have sacrificed for you. You also begin to understand that they will not be around forever. If something were to happen to your parents before they create a will, who would inherit their estate?...
What is a simple will?
Estate planning is important, no matter what age you are or how many assets you have. Particularly if you are a younger American with children, having some form of will in place is a paramount concern. However, you do not need to have a huge estate to have a will. In...
Can a personal injury settlement jeopardize public benefits?
If someone in your family has suffered a serious injury, you may be thinking about filing a personal injury suit against the individual who caused or contributed to his or her injury. Doing so often makes sense, as your loved one should not have to bear all the...
Should you give money to a person who receives public benefits?
Individuals who have serious illnesses and injuries are not often capable of working. Still, if you have a loved one who has some type of disability, you may be thankful for the public benefits he or she receives. After all, while these benefits are usually quite...
What expenses can a special needs trust cover?
If you have a relative who has some type of disability, you probably worry about his or her ability to work. After all, just as certain physical and mental disabilities can make it difficult to land a job, they can also make it exceedingly hard to keep one. Still,...
The three documents you must include in your estate plan
No matter your life situation or your age, everyone needs an estate plan to detail their wishes and provide peace of mind for their family. A basic estate plan consists of only three documents, that together will cover the basic issues you may face in the event of a...