Protect Your Estate from Nursing Home Costs
No one wants a nursing home but the longer we live, the higher the chance we may need a nursing home at the end of life.
February 8, 2021
What to Do First when Your Spouse Dies
After a loved one dies, their affairs need to be set in order. You might find yourself planning a funeral, paying bills and closing accounts. The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.
February 3, 2021
Use a Trust to Protect the Family Farm
The trust is a very useful and flexible tool for estate planning, yet it is probably the most underused estate management technique. A trust is an artificial entity, something like a corporation, created by a document or instrument.
January 28, 2021
Creating a Letter of Last Instruction
A letter of last instruction is a document that outlines funeral planning processes and arrangements. A letter of last instruction should not be confused with a will or testament, which is a legal document that expresses an individual’s wishes on how and to whom their estate should be transferred after their death.
January 26, 2021
There are Pros and Cons to Charitable Trusts
While direct giving has an immediate impact, some individuals may be considering charitable planning strategies that will have a larger and longer-lasting impact not only on charities, but on their own lives or that of their families.
January 21, 2021
Ways to Recognize Signs of Dementia
Many families have experienced the rollercoaster of emotions watching a loved one slowly start to subside to dementia or Alzheimer’s, but it’s important to realize that you and your loved ones are not alone.
January 19, 2021
Estate Planning Presents Emotional Challenges
After a loved one passes, one of the biggest hurdles families face is passing wealth onto the next generation. Unfortunately, family dynamics can spur conflict and infighting among descendants.
December 8, 2020
Probate can affect Real Estate Transactions
Is it better to transfer the title of the home to us, or to leave it as it is given her age and go through probate?
December 7, 2020
Prepare for the Impact of Dementia
It is estimated that by 2040, the number of Americans living with Alzheimer’s, dementia or other cognitive disorders is expected to double to close to 12 million due to the aging population, according to a recent study by RBC Wealth Management and Aon.
November 10, 2020
What Medicare Doesn’t Cover
It’s important to understand that Medicare Part A and Part B leave some pretty significant gaps in your health-care coverage.
November 2, 2020