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How Does Planning for a Special Needs Child Work?

When parents start the planning process for a child with special needs, they usually work under the perception that if they create a special needs trust (SNT), the child will be taken care of and the needs will be met.

Posted on: May 29, 2020

Why Do I Need an Advanced Healthcare Directive?

An advanced healthcare directive - also known as a living will - is a legal document in which a person lists the specifics of medical care and comfort actions they desire, should the individual no longer be able to make decisions for themselves due to illness or incapacity.

Posted on: May 28, 2020

How Do Farmers Start an Estate Plan?

Planning for the end of your life can be intimidating. When you are a farmer, your business is not only your livelihood and your passion, but, often, it is also intermingled with your family life. For that reason, estate planning — arranging for the management of your assets once you die — is especially important for aging farmers.

Posted on: May 27, 2020

Steps to Take When a Loved One Dies

When a member of your family dies, you could be left to pick up the financial pieces. Finding all the information you need can be challenging.

Posted on: May 26, 2020

When Should You Have ‘The Talk’ with Your Kids?

An immature or troubled child could try to misuse your money or goad you into handing over assets you might need later. Complicated family dynamics, or just your desire for privacy, may make you hesitant to open up.

Posted on: May 25, 2020

The Symptoms of Early-Onset Alzheimer’s Disease

There are still certain people who do get early-onset Alzheimer’s disease. In the U.S., about 200,000 people have it. How can you tell if your loved one is among them? There can be surprising symptoms that warn of its development — and they don’t all involve memory problems.

Posted on: May 22, 2020

When will Social Security Stimulus Checks Arrive?

Coronavirus stimulus checks are currently being distributed, and millions of Americans are eagerly awaiting their payment. Depending on your income, you could receive up to $1,200 (or $2,400 for married couples filing jointly), plus an additional $500 for each dependent under the age of 17.

Posted on: May 21, 2020

When Should I Update My Estate Plan?

Has it been awhile since you reviewed your estate planning strategy? If so, it may require some updating, based on recent changes to laws impacting your tax and retirement planning.

Posted on: May 20, 2020

What Is a ‘Survivorship’ Period?

Survivorship periods don’t usually surpass 60 days. If this period surpasses 120 days, it could put the tax-free estate transfer of assets to a surviving spouse at risk.

Posted on: May 19, 2020