Splitting up money is easy. Splitting up an antique car or a vacation home isn’t. Unless you plan ahead by answering these three questions, your family could be in for some strife.
Once you’re gone from this earth, the task of sorting out your estate plan can be a maddening puzzle that might even spawn a family feud and end up in court.
Titling assets properly is the very first step to protect your assets and ensure that they can be passed onto your loved ones efficiently, especially when you share ownership of the assets with another person.
Estate planning isn’t only for the rich. Without a plan in place, there could be a long-lasting impact on your loved ones, even if you don’t have a pricey home, large IRA or valuable art to pass on. Are you still not convinced that estate planning is necessary?
The holidays can be a wonderful time spent with family you don’t get to see often. However, it can be difficult, when you notice that mom or dad is starting to seem less like themselves.
In unpredictable economic times, many donors may be wary of making large donations of cash, even to charities they would otherwise like to support.
The first document that the newsletter said that everyone needs, is a durable power of attorney, or POA. I couldn’t agree more. I hear all of the time how important a will is, but rarely do I hear how important a POA is.
House lawmakers have taken a step toward extending crucial—but expiring—financial protections to seniors receiving long-term care in home or community settings. They did so with backing from more than a dozen health care and provider organizations.
Americans are drawn to celebrities. We read about their lives, gossip about their deeds and ogle their pictures. Perhaps it is admiration of glamour, fascination with royalty or learning their tricks of the trade. However, celebrities often make the same mistakes as us “commoners.” Let’s use their stories as lessons learned, in protecting our wealth and values.
If you spend a lot of time on the Internet, you’re not just shopping or being entertained, or following the news or participating in an online community. You’re probably also dealing with accounts and information that eventually can become part of your digital ‘estate.’