21 04, 2023

Should I Explore Qualified Longevity Annuity Contracts?

2023-04-21T02:44:16-04:00April 21st, 2023|

In late 2022, the federal government passed legislation known as the SECURE 2.0 Act. Provisions in this bill have made it easier for people to fund certain annuities that can delay taxes on their retirement funds until the age of [...]

17 04, 2023

Where Medical Research May Fit Into Advance Planning

2023-04-17T02:31:49-04:00April 17th, 2023|

Medical research helps professionals understand and improve disease treatment, diagnosis, and prevention. According to the U.S. National Library of Medicine, there are more than 139,000 registered clinical studies in the United States as of 2023. Thinking about taking part in medical [...]

14 04, 2023

When Should I Include a Pour Over Will in My Estate Plan?

2023-04-14T03:38:03-04:00April 14th, 2023|

In creating an estate plan, you are proactively taking steps to ensure that your assets will be distributed according to your wishes in the wake of your death. One tool available to you in estate planning is known as a [...]

10 04, 2023

Don’t Wait Until You’re Sick to Create an Estate Plan

2023-04-10T09:34:04-04:00April 10th, 2023|

In the wake of the pandemic, rising inflation, mass shooting tragedies, and other events, more people recognize that they need to plan for the future. Yet while financial planning has been at the top of many Americans’ minds, a vast [...]

7 04, 2023

Why Hire an Elder Law Attorney?

2023-04-07T06:04:57-04:00April 7th, 2023|

Elder law attorneys may specialize in estate planning, incapacity planning, and end-of-life care for seniors. These practitioners are essential because they work to protect a vulnerable population. To plan for their future and their care, seniors and their families should [...]

3 04, 2023

Are Wills Public Record?: Estate Planning Q&A

2023-04-02T13:20:53-04:00April 3rd, 2023|

Wills contain important information about who receives money, possessions, and property upon a person’s death. Who can view this information, and is it a public record? Once your will goes through probate, it becomes a public record. The probate court [...]

31 03, 2023

What to Know About Being a Health Care Proxy

2023-03-30T08:32:15-04:00March 31st, 2023|

When you assume the role of the health care proxy of a loved one, you make crucial medical decisions on their behalf. If your loved one becomes incapacitated and cannot communicate with health care providers, you are responsible for ensuring [...]

27 03, 2023

Estate Planning: An At-a-Glance Overview

2023-03-27T02:31:03-04:00March 27th, 2023|

Estate planning, or legacy planning, entails preparing your affairs for the future, including death and other life events. While older adults might give more thought to estate planning, it is an essential tool at any age. Why It’s Important With [...]

24 03, 2023

Estate Planning for Your Digital Legacy

2023-03-24T03:32:27-04:00March 24th, 2023|

One aspect of your estate plan that you may not yet have taken into consideration is your digital legacy. Arranging what happens to your digital assets and information when you pass away has become an increasingly essential component of financial [...]

20 03, 2023

What Is a Qualified Personal Residence Trust (QPRT)?

2023-03-19T16:24:08-04:00March 20th, 2023|

A qualified personal residence trust (QPRT) is an irrevocable trust used to achieve estate and gift tax savings. The basic idea behind a QPRT is to transfer the equity in a qualified residence out of a person’s estate and to their [...]