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What Do I Do If I’m Named Financial Power of Attorney?

Has a loved one named you their financial power of attorney? Are you ready to take on all the responsibilities that entails? Hopefully, you won’t be called into action anytime soon, but with the coronavirus pandemic continuing, it’s something to think about.

Posted on: June 5, 2020

How the CARES Act has Changed RMDs for 2020

Here is what you need to know about delaying required withdrawals from a retirement account until 2021.

Posted on: June 4, 2020

Estate Planning Options to Consider in Uncertain Times

External events that cause reflection are good reminders to update estate planning documents.

Posted on: June 3, 2020

What Is an Advance Directive, and Why You Need This Document?

To put it bluntly, what if you were in a serious accident or were suddenly rushed to the hospital with COVID-19 symptoms or another life-threatening illness, and you were unable to make health care decisions for yourself?

Posted on: June 2, 2020

Should I Give My Kid the House Now or Leave It to Him in My Will?

Adding an adult child to your house deed, or giving them the home outright, might seem like a smart thing to do. It usually isn’t.

Posted on: June 1, 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

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