Estate Planning Resources - Page 8 of 8

Estate Planning Considerations if You Have Minor Children

November 5, 2017

For parents of minor children, the estate planning process involves a few more considerations than it does for parents of adults and individuals who do not have children. Because a minor cannot access and use financial assets, parents of minors must designate trustees to manage the assets their children inherit until they turn 18 or […]

Now is the Time to Talk to Your Elderly Parents About Estate Planning

October 26, 2017

Talking about money and finances with your parents can be awkward. Talking about them within the context of the end of their lives and what will happen to their assets after they pass away can be downright uncomfortable. If your parents have assets and they have not yet thought about their estate plans, now is […]

How Can a Trust Protect My Assets?

November 12, 2016

Trusts are one of many devices used in estate planning. While you are planning your estate, you might write a will, determine your advance medical directive, and name beneficiaries to each of your accounts. A trust is an arrangement with a third party, known as a trustee, to hold assets on behalf of one or […]

Four More Things to Look for When Determining the Right Long-Term Care Facility

March 29, 2016

In an earlier post, we discussed a few things to look for when touring a potential long-term care facility for your elderly loved one. Making the decision to place your loved one in such a facility can be difficult, and finding the right facility can be a long, complicated process amid the greater process of […]

What Should I Look for in a Long-term Care Facility?

March 24, 2016

If you have determined that moving your elderly loved one into a long-term care facility is the most productive choice for him or her, you have a significant amount of planning and paperwork ahead of you. You also need to find a facility that can provide the level of care that your loved one requires […]

Estate Planning: What to Do, What Not to Do

March 3, 2016

If you have assets, estate planning is an issue you will have to face at some point. Ideally, this should be an ongoing process – as you acquire new assets, build your existing assets, and go through marriage and divorce and have children of your own, you should update your will and related documents to […]