Some states have filial responsibility laws that let creditors turn to adult children for payment of their parents’ medical bills.
Estate planning and divorce are intricate processes, each filled with legal nuances and detailed accounting (to say nothing of the emotions involved).
Given the massive $84 trillion wealth transfer already underway, it’s best to know all the details before making any big financial legacy moves.
Generative artificial intelligence (AI) is changing the world. However, many overestimate its capabilities. Using AI to create a DIY estate plan might save time now, although time will expose its shortcomings.
Plan for the possibility of cognitive decline and the future of your household’s financial affairs.
Tony Bennett’s daughters are suing the trustee of his estate, highlighting the importance of clear estate planning to avoid family disputes.
Revocable trusts are a powerful tool for anyone’s estate planning. Use them to protect your assets during your lifetime, manage taxes and streamline inheritance.
There are options for people who don’t have family—or don’t want their family—to handle their affairs.
There are important considerations as you approach financial planning to transfer wealth to future generations.
Discussing estate planning with your aging parents is vital to protect their wishes. It can be a hard conversation to start. However, it’s still necessary.
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