Unfortunately, death is as certain as life itself. When we are adolescents, we feel somehow invulnerable to risks and think of death as an uncertain concept. In the prime of life, we know the risks, but we still think of planning for “if I die.” When we pass life’s prime, death is not nearly as speculative. Many friends and family members may have gone before us. While death is never easy to contemplate, it is much easier to make the decisions that must be made when … [Read more...]
Blog
What to Do After a Loved One Dies
The death of someone near and dear can be a stressful time. Your life is disrupted by the loss and your grief. Often, it can be a confusing time, both emotionally and logistically. Who has what responsibilities? Here’s a quick look at different roles involved at someone’s death: Executor—The Executor or Executrix, also known as the Personal Representative, has the duty of safeguarding and collecting and managing assets which the decedent owned at death, in … [Read more...]
The Passing of a Loved One
It is the call we all know will come one day. One or both of our parents have fallen seriously ill. Of course, our first reaction is a concern. But, after the shocking moment has passed, we wonder “what do I do now?” If your parents have done effective legacy wealth planning, they would have some or all of seven elements that would ease your path. First, a Health Care Power of Attorney (sometimes referred to as a Health Care Directive, Living Will, or Health Care Proxy) … [Read more...]
Handling Matters After the Death of a Loved One
When someone close to us dies, it is a time of grief, confusion, and change. As we struggle through our grief, we go through the haze of the funeral and burial. Then, it is tempting to just bury our heads in the sands of grief. However, things must be done to handle the deceased’s affairs as they wanted them handled. Long delays can jeopardize their wishes. First, there are significant deadlines from a tax perspective. If the deceased had enough in assets to … [Read more...]
The Importance of Insuring Real Estate
Transferring real estate to a trust has become a widely used tool in estate planning. Unfortunately, it’s easy to overlook important aspects of the transfer that lead to unintended consequences. With careful planning, you can avoid these traps. Read on to learn more. … [Read more...]
- « Previous Page
- 1
- …
- 83
- 84
- 85
- 86
- 87
- …
- 113
- Next Page »
