In addition to the health care directive, other items that are part of estate planning include designating a financial power of attorney and establishing a will or trust.
Grief doesn’t stop at the office door—losing a loved one affects concentration, energy and emotional health, making it hard to perform at work while mourning.
Inheriting a business can provide financial opportunity and family legacy. However, it also comes with significant responsibilities and potential challenges.
Divorce significantly impacts estate planning, requiring updates to wills, trusts and beneficiary designations to ensure that assets are distributed according to new intentions.
Most individuals don’t ever consider the value and extent of their digital assets and the potential loss if these assets become inaccessible or the conflict that can arise if it’s unclear who has access to and control over them.
Aging well requires a proactive approach to physical health, financial security and estate planning to ensure a stable and fulfilling future.
Bringing an aging parent into your home requires careful planning to balance their safety, comfort and your family’s needs.
Gifting appreciated assets strategically can reduce tax burdens, maximize charitable contributions and preserve wealth for future generations.
These estate and legacy planning tools and strategies can help lower your taxes, protect your wealth and more, leaving you to relax during your golden years.
Few know the complex federal and state laws governing outstanding debts from a deceased spouse. Some may fall victim to paying bills that they are not legally responsible for.