Tag: Estate Planning

If you’re the parent of a newborn, toddler, or older child, you may be thinking about naming a guardian for them. If you have many choices or, on the other

In the event that you become incapacitated, an advance health care directive allows you to communicate your preferences, in advance, for medical care. Often part of a comprehensive estate plan,

In many respects, estate planning for single parents is similar to that of families with two parents. After they’re gone, parents want to provide for their children’s care and financial

You’ve most likely accumulated various tangible assets over your lifetime. These may include automobiles, personal property, or art. It’s relatively easy to account for such assets in your estate plan,

When a person considers an “estate plan,” they typically think of a will. And there’s a good reason: The cornerstone of an estate plan is a well-crafted, up to date

With little effort, you can systematically reduce your taxable estate thanks to the annual gift tax exclusion. And while you typically don’t have to file a gift tax return, in some

Including a revocable trust in your estate plan yields many benefits. This trust type allows you to lower probate expenses, keep your financial affairs private, and provide for the management

If you’re charitably inclined and list your deductions on your tax return, you may be able to deduct those donations. The key word is “may” because there are certain requirements

One of the golden rules of estate planning is to revisit your plan after a significant life event. Such life events may include getting married, having a child, going through

The U.S. Department of Health and Human Services reports that roughly 70% of Americans age 65 or over will require some form of long-term care (LTC). How will you pay