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What Should I Keep in Mind, When I Remarry?

When you remarry, you're not only combining residences with your new spouse, you're also merging your finances. If you have children, it may involve some financial-related stress. For instance, you might need to factor in child support payments or consider whether your new marriage will impact your children's inheritance.

Posted on: December 12, 2019

How Do Special Needs Trusts Work?

The most common question faced by special needs parents and caregivers is, ‘What will happen to them, if I am not here?’

Posted on: December 11, 2019

What Can I Do with an Inherited 401(k)?

An inherited 401(k) is simply a 401(k) that’s been passed on to a beneficiary on the death of the account owner. If the original 401(k) owner is married, the inheritor is usually their spouse. The exception to the rule is if their spouse signs a waiver allowing them to name someone else as their plan beneficiary.

Posted on: December 10, 2019

How Veterans Benefits Can Help Pay for Senior Care

You should not delay in applying for a VA pension. It takes about nine months, on the average, to go through the application process and get approval of your VA pension request.

Posted on: December 9, 2019

What Is an Ethical Will and Do You Need One?

An ethical will—also referred to as a legacy letter—can be a valuable complement to your legal will, as well as a wonderful gift to your family or other loved ones.

Posted on: December 6, 2019

Protect the Family Farm with Advance Planning

Planning for your farm’s future has never been more urgent. With one-third of United States farmers older than age 65, it’s estimated that 70% of farmland will change hands in the next 15 years.

Posted on: December 6, 2019

Will My Heirs Need to Be Ready to Pay Estate Taxes?

I'm in my 80s and have a substantial sum in retirement accounts that I plan to leave to my children. Will they have to pay estate taxes on it?

Posted on: December 5, 2019

Strategies for the “Sandwich” Generation

You do not have to be raising young children to be in the sandwich generation. Your children might be adults but need financial help, because of student loans or other financial pressures.

Posted on: December 3, 2019

What Should I Do If I Strike it Rich?

Whether you've just signed a multi-million-dollar contract or won the lottery, here are some tips that will help you keep and grow your wealth responsibly.

Posted on: December 2, 2019

As a Trust Beneficiary, Am I Required to Pay Taxes?

Beneficiaries of a trust typically pay taxes on the distributions they receive from the trust's income, rather than the trust itself paying the tax. However, such beneficiaries are not subject to taxes on distributions from the trust's principal.

Posted on: November 29, 2019