There’s a significant possibility that you’ll need long-term care at some point in your life. The costs associated with this care can be astronomical, too, costing you tens, perhaps even over a hundred thousand dollars per year. This can quickly evaporate the...
Maybe you have heard the term Medicaid planning and wonder exactly what it means. If you are growing older, caring for a spouse needing long-term care, or starting to care for your aging parents, you may need to learn more about Medicaid planning. There is no strict...
Probate is a legal process that serves several important purposes. Every state has its own probate laws, and its primary goal is to ensure that when people die, someone is there to manage any assets they leave behind. Where individuals have a will, probate also plays...
If you want to create an estate plan that protects your interests, your assets, and your loved ones, then you need to know how to navigate the intricacies of the process. That might sound daunting, but your first step is to simply be aware of the common mistakes made...
Figuring out how your assets will be divided once you pass away can be challenging from both an emotional and a logistical standpoint. Many people find it difficult to think about their own mortality, and determining how best to provide for you loved ones can be...
Concerns continue that the Veterans Affairs Department, already understaffed with an ever-growing backlog, will not be prepared for additional responsibilities following the enactment of the Honoring Our Promise to Address Comprehensive Toxics Act. PACT will provide...
If you have an elderly loved one, you’re probably worried about them and their future, especially if their health is declining. You might be concerned about how their financial affairs will be handled, how their medical decisions will be made and how they’ll get by in...
The numbers are clear: there’s a good chance that you’re going to need long-term care at some point in the future. In fact, some studies have shown that as many as 70% of individuals will need long-term care sometime in their life. Another 20% of those individuals...
The beginning of your new child’s life is the time to address their care in case the worst happens, and you die. Making these plans for your estate can help assure that your family’s financial needs are met. Life insurance Purchasing life insurance is an important...
America is a country full of people who like to take matters into their own hands. There’s nothing inherently wrong with that. After all, that’s how innovation occurs. But when it comes to estate planning, a lot of people try to navigate the system on their own to...