Understanding Medicaid Estate Recovery ProgramImpact of Medicaid Estate Recovery Program on Beneficiaries“If you’re helping an aging parent navigate Medicaid because they don’t have long-term care …
Understanding Wills and Trusts in Estate PlanningThe Role of a Last Will and Testament“By definition, a Will accounts for a person’s wishes of how their …
Understanding Donor-Advised Funds (DAFs)The Flexibility and Control of DAFs”Funded with cash or other assets, donor-advised funds give charitably minded investors control of when and where …
The Importance of Naming Beneficiaries for Your AccountsRetirement Accounts and Beneficiary Designations“If you’ve had an IRA and a 401(k) for many years, you may occasionally …
Understanding Power of Attorney and Joint AccountsThe Role of Attorney-in-Fact in Power of Attorney“As you know, a power of attorney (POA) allows another person, the …
What is a Health Care Directive?“A health care directive is a legal document that lets you express your health care preferences and, if you wish, …
Understanding Credit Shelter Trusts for Estate PlanningThe Role of Credit Shelter Trusts in Reducing Estate Taxes“A credit shelter trust is used to help married couples …
Maximizing Your Legacy with Tax-Smart Estate PlanningUnderstanding Tax Implications for Different Assets“By being very selective about who receives which type of money—whether Traditional or Roth …
“The unprecedented quarantines to protect against the spread of the novel coronavirus have made many seniors more vulnerable to financial exploitation.” Social isolation, whether because …
The Importance of Understanding Probate and Wills“There is a general understanding that every adult should have a last will and testament. However, for most people, …
