Estate planning is more than just dividing assets to beneficiaries after your passing. There are estate planning tools that were created to protect you and the people and things that matter to you most even while you’re still alive. Establishing power of ...
Although nuclear families still exist, blended families are becoming increasingly common. It’s more common to see step-parents taking a more active role in raising their step-children and better attitudes toward peaceful and friendly co-parenting. However ...
Few things are more beautiful and pure than a parent’s love for their child. Parents work hard to ensure that their children have the best chance at a successful career and one day retire after living a fulfilling life. However, not all children have the ...
Valentine’s day can be a subject of excitement and joy for some couples, and a sore reminder for others. One of the easiest ways to keep things romantic is to eliminate the worry surrounding assets in a marriage is through a prenuptial or postnuptial agre ...
New Year’s is fast approaching, which means that many of us are reviewing 2022 and deciding what we can do better in 2023. We’re also identifying new goals based on everything that’s happened this year. Estate planning should be on everyone’s agenda fo ...
The holiday season is when you see family members who don’t live nearby. That’s one of the main reasons why Christmas and New Year’s are such festive times: the extended family either gathers under your roof or comes into the immediate area so you can all ...
While it’s impossible to predict the future, one thing is for certain. If we don’t plan for it, life can be difficult for our loved ones when we pass. This is why creating an estate plan is something we should do sooner rather than later. Many people h ...
When you’re looking to reduce your probate tax and preserve as much of your estate as possible for your beneficiaries, a revocable trust can help you achieve both goals. Unlike their irrevocable counterpart, revocable trusts can be amended or revoked at a ...
If your loved one died with an estate, and you were designated as the administer of that estate while it goes through probate, it is important to understand your legal rights and responsibilities. Probate is the process of settling an estate by distributi ...
At this time, the average cost of a nursing home in Kentucky is between $70,000-$80,000 a year. The national average for a private room is over $100,000 a year. Typically, the people who require these types of facilities are retired, live on a fixed incom ...
For those who are divorcees and considering remarriage, estate planning can provide a safe and secure way to protect one another’s assets. By creating a prenuptial agreement alongside other estate planning documents, spouses can also decide how assets sho ...
If you or a family member is making use of the Medicaid program, it’s important to keep in mind that states will attempt to recover the costs of that care from the estate of the Medicaid recipient. Unfortunately, in most cases, the only substantial asset ...
