Planning for Future Incapacity of Elderly Loved Ones
It’s hard to think about your elderly loved one becoming mentally unsound or physically incapacitated. But if you see them moving in that direction, it’s vital that you plan well for the road ahead
Common Trust Fund Mistakes
Once you’ve decided to set up a trust fund, what next? Let’s take a look at some of the biggest mistakes people make when setting up a trust fund.
Taking On the Role of Caregiver for Your Aging Parent
There are 24 million Americans who hold down a career, raise a family, and act as caregiver to their aging parent. The first two roles are generally manageable . . .
Estate Planning: What’s Fair for Your Children?
When it comes to dividing your estate among your children, doing things “fairly” isn’t always as simple as it sounds.
VA Aid and Attendance Pensions For Veterans and Spouses
The VA Aid and Attendance program is designed to help veterans and spouses receive needed care by giving the veteran or spouse extra money each month to use for in-home care or assisted living services.
The Dangers of UTMA Accounts
While the concept behind UTMA accounts is to have an easy way to save money for children for college, there are serious dangers with these accounts.
Divorce and Kids – Asset Management Failure Despite Guardianship by an Ex-Spouse
Children of divorced parents need asset management controls put into place to protect them and their future.
Wills: Keeping Your Will Document Updated is as Important as Creating It
When people fail to update their wills as life changes, they risk losing their assets and hurting their loved ones.
Asset Protection is a State of Mind to Get Into
Asset protection is a state-of-mind and a way of life. Many people fail to appreciate this, and end up seeing their family home, life insurance policy, IRA, 401k or other valuable assets lost or seriously diminished. . .