Can a Revocable Trust Protect Assets from Creditors?
With a revocable trust, you are typically both the founder and the trustee. This means that you both create the trust and manage its assets and operations.
Is There a Limit to Social Security Tax?
Once your earnings exceed a specific amount, you can stop paying into Social Security for the rest of the year.
Why It’s Important to Update Your Estate Plan
It is a common misconception that once the estate plan is prepared and executed, it does not require any further attention.
Does Healthy Lifestyle Have an Impact on Memory Decline?
Memory decline was slower for older adults who had a healthy lifestyle, even for people with high genetic risk for Alzheimer’s disease, data from a Chinese study showed.
What Do I Need to Know If I’m Getting an Inheritance?
Heirs receiving an inheritance can expect the process to take time. Having a plan for the money and consulting with professionals are also things to remember.
What Is Included on a HIPAA Authorization Form?
A HIPAA authorization is a detailed document in which specific uses and disclosures of protected health are explained in full.
How to Protect Loved Ones from Being Disinherited
If your beneficiary designations are out of date and you die without updating those designations, your assets could go the wrong people–a former spouse, for example–no matter what your will says.
What’s the Most Common Debt for Retirees?
Talk to any financial adviser, and they will urge you to retire without debt. However, while the goal of beginning your golden years in the black is laudable, the reality can be very different.
What Happens When There Is No Will?
Creating a will should be the first step in a comprehensive estate planning process since it allows you to ensure that your wishes are properly carried out after your death.
Should You Agree to Being a Guardian?
You might be surprised at how many questions arise surrounding financial issues, legal arrangements and lifestyle choices.
