Estate Planning with Pet Trusts
Set Intension for Your Pet in Your Pet Trust Whether you have a horse, dog, cat, parrot, or even more exotic pets such as a snake or lizard, you can take actions to provide for them after you are gone…
How Life Insurance is Involved in Your Estate Plan
Life insurance can be an integral, indispensably important part of a well-thought-out estate plan Life insurance can be an integral, indispensably important part of a well-thought-out estate plan. At first thought, life insurance may not seem to have a bearing…
Elder care in America, Why The High-Costs?
With the Staggering Costs of Elder Care in America, what is the cause? To obtain financial security in America it is at best expensive on a variety of levels. It takes a financial toll on millions of elderly and their families…
Generational Wealth Transfer and How it Affects Your Estate Plan
From Baby Boomers to Millennials, having an Estate Plan is necessary Protecting your inheritable legacy so that its aggregate will exist for future generations requires careful consideration and planning. There are always generational differences of opinion as to how best…
Important Steps in Moving Your Parent into Assisted Living
Assisted living communities provide essential care and a sense of calm and peace of mind for aging your parents. Identifying the suitable facility “fit” for your loved one is a journey requiring matching your parents’ needs, budget, and lifestyle with…
How to Appoint a Power of Attorney
Power of attorney, in its various forms, is an essential tool when planning when you may become incapacitated and require a trusted agent to manage your affairs. These legal documents can grant broad authority to one or more power of…
What is Premises Liability?
Premises liability is not the same thing as negligence. If you are injured by a dangerous condition that exists at a property, then your claim falls under the law of premises liability. Compare this with a situation where you were…
Who Gets the Farm?
Suppose that mother and dad have run the family farm for a long time. Now, though, they’re getting on in years and they’re considering moving into a smaller place. One of the daughters and her husband help run the farm,…
What Are Irrevocable Life Insurance Trusts?
It may be time to reconsider how you plan to pass generational wealth to your heirs since the federal estate tax exemption allowance appears to be in jeopardy of being lowered. Senate Democrats are proposing to lower the current estate…
Settling An Estate Without A Will
Despite the COVID-19 pandemic, overall percentages of older Americans without a will, in essence, remain the same according to caring.com. Remarkably, younger adults with a will show an increase of sixty-three percent comparative to pre-pandemic times. This 18 – 34…