How Do I Address an Estranged Child in My Estate Planning?
Perhaps one of the most difficult, and increasingly common, estate planning questions involves the inclusion or disinheritance of an estranged child.
September 5, 2021
How Does a Breakthrough COVID Infection Feel?
Generally speaking, vaccinated people who contract COVID-19 and develop symptoms are prone to the same ones that an unvaccinated person might experience. These include fever, cough, shortness of breath, fatigue, body aches, headache, sore throat, congestion, nausea, vomiting and diarrhea. Loss of taste or smell can sometimes serve as telltale clue, although it doesn’t happen to everyone.
September 4, 2021
What are Responsibilities of Trustees and Executors?
A trustee is a fiduciary which, essentially, is a person that owes a legal, ethical and, perhaps, moral obligation to act in the interest of another.
September 4, 2021
What Is Science Doing About Hearing Loss?
Although hearing loss is a very common sensory loss — affecting one-third of all American adults between the ages of 65 and 74 and nearly half of those older than 75 — solutions to hearing problems have been slow to materialize. Until recently, hearing aids only made things louder, not necessarily clearer. Scientists have yet to discover a way to repair damage to the inner ear.
September 3, 2021
What’s a QTIP Trust?
Creating a trust as part of an estate plan can help protect assets and ensure your financial legacy is preserved. If you’re married, you may consider establishing a QTIP trust, which is short for qualified terminable interest property trust.
September 3, 2021
Does Your Estate Have to Go Through Probate?
Every estate that holds titled property must be probated if title to that property is not transferred using some other wealth transfer method.
September 3, 2021
How Important Is a Power of Attorney?
With a Power of Attorney, you designate which individuals are in control of your assets and who can take care of your affairs, if you are unable to do so.
September 1, 2021
Checklist for Estate Plan’s Success
Every so often, it’s smart to methodically go through your estate planning documents and see if any tweaks are needed. Here’s a checklist to guide you through that mission.
August 31, 2021
Do You Pay Income Tax when You Sell Inherited Property?
My great-grandfather was a farmer and had about 23 acres when he died. My grandfather passed away before my great-grandfather. The land was put in a trust for my mother and uncles. My mother passed away two years ago.
August 30, 2021
Can I Avoid Costly Medicare Mistakes?
Workers who are nearing age 65 and have health insurance through their job may want to consider how Medicare could factor into their medical coverage.
August 24, 2021
