To make sure someone will take care of their children if they pass away, parents often pick guardians. They can do this as part of the estate planning process. The guardians only apply until the children are no longer minors, in most cases. If you're thinking about...
Month: November 2019
The assistance your special needs heir requires may depend on age
When doing estate planning with an heir who has special needs, you really need to take the time to carefully consider what can be most helpful to them when you are gone. Careful advance planning is the key. If you do it correctly, your assets can change their life,...
Are you a new parent? Take these 5 estate planning steps
As a new parent, your days are filled with changing diapers, making runs to the grocery store and finding time to catch up on your sleep. In between all of this, it's critical to review your estate plan with the idea of making changes for the better. If you don't yet...
You may save if you wait until after death to sell your house
Looking to save on taxes on your estate? One option you may want to consider is selling your second home after you pass away.Real estate that you do not use as a primary residence likely is not exempt from the capital gains taxes. So, if you bought that house 20 years...
Do wealthy people live longer?
With the cost of healthcare and long-term care in the United States, it may be natural to assume that wealthy individuals live longer than those with less access to financial means. But is this assumption true?Studies have shown that it is. Some early studies...
