Some people think of estate planning as a task that only older Americans need to complete, but young parents also need to get this done. The estate plan can outline what is going to happen with your children if you and their other parent both pass away. While this...
Month: June 2020
Don’t forget important parts of your estate plan
When you ask someone if they have written a will or if they've done any estate planning, the will may be all they really consider. They list everything of value that they own, write down who should get which assets and sign off on the document. A simple will is a good...
How much does a nursing home cost?
Long-term care planning is difficult because it’s not possible to accurately predict every aspect of your future. Many people put aside what they believe is enough money for the future, but then a disease or a medical emergency drains those funds seemingly overnight,...
Estate planning’s biggest myth: “It can wait.”
One of the most common myths with estate planning is that you can wait to do it. You can put it off. You can do it another day. It’s often a myth that people don’t even really vocalize, except perhaps to a spouse who asks them if they have gotten started yet. But...