Today, many women are finding it necessary to help elderly parents or relatives manage their personal finances. One area of particular concern is property management.
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Trusts—From Park Avenue to Main Street, U.S.A.
For many of us, the image evoked by the words "trust fund" is one of wealthy people living on the interest earned on "old money" (i.e., the family trust fund).
Watching Over Others
While offering to help watch over loved ones may be a natural impulse, guardianship is an obligation that should not be taken lightly.
Appraising Your Appraiser
An inaccurate appraisal could hinder your ability to receive a fair price for property, increase the likelihood of a tax audit, or result in an inequitable division of property or inappropriate insurance coverage.
Estate Planning for Your Life Insurance Policies
At the time of your death, if you have made your estate the beneficiary or retain incidents of ownership in a policy, the proceeds of the policy will generally be included in your estate for federal estate tax purposes.
Dealing with Elder Care Issues
As Americans continue to live longer, many of today’s retirees are finding it necessary to help elderly parents or relatives manage their personal and financial affairs.
Securing Future Care with a Special Needs Trust
Caring for a child or an adult with special needs can be emotionally challenging for parents, family members, and other caregivers.
Securing Your Family’s Future
No one wants to dwell on it, but death is an inevitable part of life. Once you plan for its eventuality, you may rest easy with the hope that your family will be taken care of.
A Quick Estate Planning Quiz
This quiz is designed to stimulate your thinking about estate planning issues that may need your attention.
Loaning Money to Your Children
While large loans from parents to offspring are quite common, it is important to pay attention to the tax rules that apply to the transaction.