The Benefits of Giving Now
When you are gone, you want your estate to provide for families and charities that you cared about. Part of estate planning is deciding what you want to give now...
Trusts: An Option for Everyone
While you might think that trusts are only for people that have quite sizeable estates, that is not the case. As a matter off act, the National Association of Financial...
The Importance of Power of Attorney
As we age, the reality of not being able to handle our own affairs due to sudden or long term illness becomes something to seriously consider. To ensure that your...
What you need to Know about Living Wills and Medical Power of Attorney
What happens if you are sick or injured and unable to communicate your medical wishes to your doctor? That is where a living will comes in. Known also as advance...
Five Things to Consider When Estate Planning
Estate planning can have a lot of moving parts to it. You want to get a head by considering all of your options and making sure that the legal details...
Form the Foundation of your Estate Plan
Assets and asset distribution are the foundation of any estate plan. You want to make sure that your financial goals after death are met. You also want to ensure that...
Multiple, Alternate and Specific Power of Attorney
Typically when speaking about power of attorney, people refer to what is known as general power of attorney. General power of attorney allows a person to act on our behalf...
New Rules Allows Spouses of Reverse Mortgage Holders Keep Their Homes
Senior homeowners who need cash can use their home equity to take out a reverse mortgage. Reverse mortgages can create problems for borrowers' spouses, especially those younger than 62. When...
How Divorce and Remarriage Affects Social Security Benefits
If you are divorced, you may collect Social Security benefits on your ex-spouse's record provided you meet certain qualifications. You are at least 62 You are unmarried You were married...
Contesting a Will
If you are unhappy with what was bequeathed to you in your loved one's will, you can contest it. Contesting a will, however, is not a simple matter of vehemently...
About No-Contest Clauses
To avoid conflicts or bitter feelings that may arise when your will is read after your death, you could include a “no-contest” clause in your will. When a will contains...
What Heirs Should Know About Reverse Mortgages
Reverse mortgages are a good way for cash-strapped homeowners over 62 to use the equity in their homes to get a loan. The loan does not need to be repaid...