By WebMD Get organized Keep track of important information in a care log. Identify your informal network Ask for help from people in the older person’s community, such as relatives, neighbors, longtime family friends, and members of religious, civic, and social organizations. Ask them to call ...
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Most know how critical it is to create a last will and testament when estate pre-planning. Despite its name, however, a will isn’t the final document you need to ensure a smooth transferal of your earthly possessions to the next generation. Here’s a look at how a living trust smooths the way for the...
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If you add up the value of everything you own and subtract the value of everything you owe, that’s called your net worth. When you pass, it’s called your estate. While you’re still alive, you have the opportunity to designate how to divide your estate among your family and friends ...
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If you are like many individuals in the early years of your adult life, you very well may have given little to no thought to the matter of estate planning. If you’ve started a family, the time definitely has arrived for you to begin the process of estate planning. This is the case if you’...
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No one ever plans to be sick or disabled. Yet, it’s this kind of planning that can make all the difference in an emergency. Ben’s Story Ben has been married for 47 years. He always managed the family’s money. But since his stroke, Ben is not able to walk or talk. His wife, Shirley,...
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Developing a trust is another beneficial pre-planning tool to capitalize on when organizing your estate. While your lawyer or financial advisor can walk you through different policies that may benefit you, a living trust is of utmost importance for you and your family. Virtually, this type of trus...
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