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What’s Involved in the Probate Process?

The probate process refers to court proceedings that you have to go through when a loved one passes on, and they have left an asset in their name.

Posted on: October 13, 2020

Make Your Nest Egg Last When Retiring Early

Retiring ahead of schedule may seem like a dream, but it is doable with the proper planning. Depending on when you were born, the normal retirement age is currently 66 or 67. If you’re planning to retire five, 10, or even 15 years early, one of the most important things to consider is how to make your savings last for the long haul.

Posted on: October 12, 2020

How to Choose a Trustee

Only you know the strengths and weaknesses of your family members, putting you in the best position to decide if your spouse or your child can appreciate a trustee’s responsibilities.

Posted on: October 9, 2020

Can I Revoke a Power of Attorney?

Cindy, a widow in her early 60s, was undergoing physical therapy for an injury to her foot, making it difficult for her to get around. In addition, she was suffering depression brought on by the immobility and pain, resulting in her neglecting to pay bills and taking care of other financial affairs.

Posted on: October 8, 2020

Will a ‘Will’ Really Pay Off?

A will itself is a legal document that describes the process of splitting up one’s personal property and possessions among family and loved ones.

Posted on: October 7, 2020

How Can Siblings Settle Disputes over an Estate?

Unfortunately, due to hidden resentments, siblings still tend to end up in court suing each other and losing great chunks of their inheritance in the process all too frequently.

Posted on: October 6, 2020

How Important Is Estate Planning in the Pandemic?

Planning for unfortunate events is particularly critical in the era of Covid-19.

Posted on: October 5, 2020

What Do I Need to Do When my Spouse Dies?

The passing of a spouse is a devastating time in a person’s life and one that throws their world into turmoil. While in the midst of grieving, they’re confronted with a multitude of responsibilities requiring their attention — not only the immediate tasks of preparing for memorial services and notifying family and friends, but also beginning to tackle the requisite legal notifications and financial changes.

Posted on: October 2, 2020

Piggy bank next to a small house and some coins

How Do I Keep My Assets from the Nursing Home?

Nursing homes are expensive with an average cost in the United States of $7,698 per month (2020 average). Most people cannot afford this expense, but they are in desperate need of the services provided by nursing homes (long-term care facilities).

Posted on: October 1, 2020

What Do I Look for in a Trustee?

If you decide to leave assets in a trust for your beneficiaries, consider your designation of trustee carefully. The most important person in the trust framework is the trustee, the one responsible for managing trust assets.

Posted on: September 30, 2020