There are useful estate planning vehicles that take advantage of current historically high federal exemptions, while providing flexibility to adapt and modify those plans based upon future events or tax law changes.
READ MOREAs soon as you are an adult, you should have an estate plan in place.
READ MORESelecting medical powers of attorney is an important step that aging parents should take to ensure they get the care they wan,t if they are unable to advocate for themselves.
READ MOREOne of the biggest concerns a trust creator might have is that the beneficiary would squander their inheritance or that the beneficiary’s creditor would attach the inheritance to cover the beneficiary’s debt.
READ MOREAging parents grow stubborn, and researchers are uncovering the reasons why.
READ MORENo matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.
READ MORELooking for an extra incentive to spend some quality time with your grandchildren? Try telling their parents that it could extend your life.
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