When creating an estate plan, it is crucial to look at your entire financial situation. You need to consider your debts, not only your assets. If you die before you can pay off your debts, it will have implications for your family. What happens to debt when you die?...
As you age, there's a chance that you may not be able to make health care decisions on your own. The same holds true if you suffer a serious injury or are struck down by an illness.And for this reason, it's imperative that you plan for the worst, while always hoping...
There is nothing more exciting than bringing a child into the world for the first time. While your life is sure to change in many ways, there's nothing you can't handle with proper preparation.Estate planning may not be the first thing you think about after having a...
As your parents age, you'll have a lot of worries running through your mind. For example, it's common to have concerns about their estate plan.If you come to find that your parents don't have an estate plan, it's important to discuss your concerns with them. When...
When it comes to estate planning, there's so much gray area that it's easy to confuse fact and fiction. Unfortunately, if you believe a simple myth to be true, it can harm your ability to create a comprehensive, legally binding estate plan to protect you and your...
There may come a point when you're seeking a nursing home facility for yourself or a loved one, such as an aging parent. With the right long-term care plan in place, you'll find it easier to not only make a final decision but to also pay for the required service.With...
Creating an estate plan can be confusing, challenging and rewarding all at the same time. This is particularly true when you take into consideration long-term care planning, as it brings you face-to-face with the possibility that you may require regular health care...
Once you create an estate plan, you'll feel much better about the state of your affairs. However, don't assume that you're set for the rest of your life.There are times when it's critical to review your estate plan, as you may need to make some adjustments to ensure...
The simple thought of estate planning has the potential to raise your blood pressure and make you sweat. And if you're actually in the process of making estate planning decisions, there's a good chance you'll feel even more anxious.Estate planning fears are very real,...
As your parents age, it's natural to have concerns about their estate plan. Even if they have a plan in place, it never hurts to discuss it with them to ensure that they haven't overlooked anything of importance.Here are three estate planning details to discuss with...
