Our Estate Planning Blog
Most people can’t wait for retirement, and even more would likely opt for some form of early retirement, if they had the opportunity. Whenever you ultimately decide to cut down your time at work or leave the workforce altogether, you need to ensure that you have a full slate of estate planning documents in place.
Most states recognize inheritances as separate property, and many experts say keeping them separate is often the best approach.
These all-too-common misconceptions can steer your estate plans in the wrong direction right from the start. Here’s how to overcome them and tips to build the right plan for your family.
As a result of illness, old age or incapacity, what may happen when you can no longer handle your own decision-making, handle your own money or make your own health care choices? Who can step in to help and how are they empowered?
Build your own medical emergency packet.
For most of us, considering the distribution of the property we have accumulated over our lives is a painful reminder of our mortality.
Medicare kicks in at 65 to help cover healthcare costs as a senior. However, it’s not nearly as comprehensive as many people think.
If you have updated your estate plan during the Covid crisis and even found a way to sign your documents while maintaining social distance, do not overlook the last step of trust funding.
One problem that frequently stems from the inheritance process is fractured relationships between siblings. Unfortunately, the common denominator in many of these situations is the parents’ estate plan.
Although there is often a progression of complexity in estate planning, this progression generally follows stages in life rather than specific ages.
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