In Estate Planning – An Ounce of Prevention is Worth a Pound of Cure

In Estate Planning – An Ounce of Prevention is Worth a Pound of Cure

Ground Rules for the Division of an Estate

Ground Rules for the Division of an Estate

Estate - How Do You Like These Odds?

Are you a gambler? Do you like to play the odds? Here are some real-life odds for you to consider: 90% of people become incompetent before they die! Of course, your spouse might not think you're of sound mind right now, but that's beside the point! If you don't take action, you could needlessly cost your spouse thousands of dollars and countless headaches in order for them to make decisions on your behalf.

Refinance Mortgage Interest Rate Top Tips Will Save You Thousands

Expert Tips and advice article on how to choose the best interest rate refinance Mortgage available on the market today to save you Thousands in the long term.

Beneficiary of a Trust

What is a beneficiary of a trust? Describes basic categories of the exercises of the beneficiaries' rights, two main categories of sequential interests of a beneficiary, the two beneficiaries from the trustees perspective. How the beneficiary relates the to the trust contract? Defines bare trust, express trust, tenant for life, remainderman, fixed beneficiaries, discretionary beneficiaries, simple trust, will trust, testamentary trust, inter vivos trust.

Asset protection with Joint Tenancy, Tenancy in Common, Tenancy in Entirety & Community Property

Protecting assets by Joint Tenancy, Tenants in Common, Tenancy in Entirety or Community Property have many disadvantages. Loss of step-up in basis upon the death of the first Tenant; loss of estate tax protection; possible exposure of the assets; Joint Tenancy disinherits all other heirs; possibility of a gift tax consequence; Joint Tenancy supersedes any trust with the loss of all trust benefits.

How to Find the Best Estate Planning Attorney for Your Family

The importance of proper estate planning need not be stressed. When you hear the word estate, it refers to everything you worked hard for. Your home, money in bank accounts, investments in stocks, mutual funds and bonds, cars, life insurance, business and others. Without proper estate planning, your beneficiaries will most likely be inconvenienced with all the requirements in settling your estate.

Medicaid Nursing Home Spend-Down Program: 5-Year Look Back

The Medicaid nursing home spend-down program mandated by the government has 5-year look back provisions placing financial devastation on senior elderly couples and the next generation baby boomers. What are the government's Medicaid long-term care plans? Is reverse mortgaging an option? Pros and cons of a reverse mortgage. Plan ahead with solid Medicaid estate planning and protection.

What is Values-Based Wealth Planning?

No one over age 18 today will live to see the end of the 21st Century. The legacy you leave your children will be reflected in the values they learn about the role of money and property. Here are ways to plan that give your heirs a perspective that extends far beyond the dollar value of what you pass on to them by way of a financial inheritance.

Living Revocable Trust

What are the differences of a revocable trust (living trust or revocable living trust) and irrevocable trusts? Explains what's a trust, grantor, beneficiary, fiduciary responsibility of a trustee, accountability of the trustee and additional safeguards of assets.

Offshore Asset Protection

Offshore asset protection strategies to protect your savings, investments

The Inheritor's Trust

The Inheritor's Trust is a way for a child with a substantial estate to save estate taxes and obtain some protection against creditors, lawsuits, etc. This article discusses this new concept.

Setting Up a Special Needs Trust for a Disabled Relative

Many of us have a family member or close relative with a disability. We'd like to leave a portion of our estate to help this family member but are unsure how best to do this. Should we just make an outright gift? What about a trust? This article takes a look at some of the options.

Why Everyone Needs At Least A Living Trust

We share one thing in common. If you're reading this article you probably will not live to see the end of the 21st Century. The Revocable Living Trust is something most people should have but few actually see that it's done. Here is why everyone needs the Living Trust.

When Parent and Child Reverse Roles

When we start off in life, our parents provide love and nurturing, as well as the necessities of daily life. As time passes, we grow into adulthood. Our relationship with our parents becomes one of equals, with each providing love and nurturing for the other, while both are self-sufficient. Often, parents reach a stage in their lives when they are no longer self-sufficient, typically due to advanced age or illness.