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What Parts of Estate Plan Should Be Reviewed in the Pandemic?

Many people are taking this time at home during the COVID-19 crisis to update their estate plan. Here are six critical estate plan components you should focus on, in light of the current pandemic.

Posted on: July 10, 2020

What If Grandma Didn’t Have a Will and Died from COVID-19?

The novel coronavirus pandemic has upended the lives of millions, created a slew of unexpected struggles and, for many, turned nightmares into reality.

Posted on: July 9, 2020

What Is a Power of Attorney?

One essential component of your financial plan involves designating power of attorney to someone you trust, in case you are incapacitated or unable to complete a task on your own.

Posted on: July 8, 2020

Elder Financial Abuse Fraud Occurs, When No One’s Watching

Take, for example, the sad and sordid tax case of Mary Ellen Cranmer Nice vs. United States of America, which would not have existed if an attentive financial advisor hadn't noticed the large IRA distributions that were allegedly stolen right from under a matriarch’s nose.

Posted on: July 7, 2020

How Do I Avoid the Three Biggest Estate Planning Mistakes?

Planning for death is like any other transition of life, except this is one we can make easier for our loved ones. Don’t let the process of settling your estate, a process commonly known as probate, get in their way — and cost them more money.

Posted on: July 6, 2020

Should I Have an Advance Directive in the Pandemic?

If you get COVID-19 and struggle to breathe, would you want to be put on a ventilator? Whatever your answer, ask yourself another question: Who would make your wishes clear, if you couldn’t speak for yourself?

Posted on: July 3, 2020

Using Retirement Funds in a Financial Crisis

U.S. has been making it easier for people to access long-term savings for emergencies, trading future financial security to stay afloat.

Posted on: July 2, 2020

How Can You Disinherit Someone and Be Sure it Sticks?

Parents may delay creating an elder law estate plan, because of the in-law issue. Some parents are unfortunately estranged from an adult child, only because of the problematic son-in-law or daughter-in-law.

Posted on: July 1, 2020

What You Need to Know about Drafting Your Will

If you pass away with no will, a state court may decide who gets your assets and — if you have children — who will care for them.

Posted on: June 30, 2020

How Should I Take My Pension?

If you’re leaning toward choosing guaranteed lifetime income by remaining in the plan instead of taking the lump-sum offer, be sure you have confidence in your employer’s long-term viability.

Posted on: June 29, 2020