How to Spend ABLE Account Money

ABLE accounts are a way for people with disabilities to save and spend money, while protecting their access to public benefits.

05/27/22

Must my Parent’s Home be Sold if They Move to a Nursing Home?

Reaching the point where you need to consider residential options for your mother can be overwhelming. Not only is it emotionally fraught, there are also financial and legal considerations.

05/25/22

Do I Need a Will?

If you die without a will, you die “intestate” and your assets will be distributed according to your state’s law. That could result in a distribution you didn’t intend.

05/23/22

Why Should I Give My Money Away?

Everyone likes money, right? Giving money to family or friends can also be a smart tax planning move.

05/20/22

How Do I Talk to My Parents About Estate Planning?

If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. But because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off — and even more pleasing to avoid them altogether. If there’s a lesson to be learned from the pandemic, however, it’s that waiting until the last minute to prepare is seldom a good idea.

05/18/22

Can Grandchildren Receive Inheritances?

Children and grandchildren motivate us to think about a will and life insurance. However, it is problematic to name minor children as beneficiaries.

05/16/22

Financial Discussions Before Getting Married Again are Important

You may want to consider some financial issues before walking down the aisle again.

05/13/22

Are Millennials Estate Planning?

As the coronavirus pandemic increased anxiety and upended many lives, it led U.S. millennials to get more serious about end-of-life planning.

05/11/22

What Is a Trust and How Does It Work?

Trusts are often associated with the rich. However, the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.

05/09/22

When Should Estate Assets Be Distributed?

Many estate executors focus on estate taxes and forget about income taxes. That can be an expensive mistake.

05/06/22

« Previous 1 2 3 4 … 6 Next »

Estate Planning Blog