Some marriages end in noise and pain. Other marriages drift away quietly with the signing of documents and only a hint of acrimony.
If you think of estate planning as something only ultra-wealthy people need to do, you’re not alone. That’s a common misconception.
Estate planning attorneys will agree that it is better to die with a properly drafted trust, than to die without one. If you don’t have one, consider getting one.
Learn about the important deadline for rolling back RMDs for your retirement account – but you need to take action by August 31!
Talking about death makes most of us uncomfortable, so we don’t plan for it. That’s a big mistake, because if you don’t have an end-of-life plan, your state’s laws decide who gets everything you own.
Having a child with special needs can come with all sorts of unique challenges from a financial and estate planning standpoint. Public benefits, for example, can play a huge role in anticipating how much money your child will need down the road in your later years, as well as when you’ve passed away.
There are many ways to implement a successful retirement strategy. One of them is to carefully map out a sensible financial plan and then stick to it through thick and thin. Another is just to wing it, using your intuition and gut feelings, and hope for the best.
Probate and trust administration are not the same. There are important differences and similarities between administering a decedent’s probate estate and administering a decedent’s trust estate.
If you have updated your estate plan recently do not overlook the last step of trust funding.
For many older adults, claiming Social Security early would be a big mistake. It was a mistake made by many older workers, who lost jobs in the Great Recession.
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