Estate Planning After a Dementia Diagnosis: Everything You Need To Know
Every year, an estimated 10 million people around the world will face a dementia diagnosis. This diagnosis is intimidating, not only for the person facing this diagnosis but also for their loved ones. Depending on the stage and symptoms present, a dementia diagnosis can lead to major changes in your loved one's life.
Read MoreHow a Divorce Affects Your Estate Plan
Divorce is one of life’s most significant transitions, both emotionally and financially, as well as legally. While most people focus on the immediate issues during a divorce, like asset division, custody agreements, and support payments, it is equally important to turn your attention to the often-overlooked estate plan.
Read MoreFuneral Arrangements and Estate Planning: Ensuring Your Final Wishes are Honored
No one wants to think about their funeral. Leaving behind your spouse, children, grandchildren, and friends can be an incredibly daunting prospect and is a major fear for many people. While you might not want to think about this, you may have some preferences for your funeral arrangements that you want your loved ones to follow after your passing.
Read MoreHow Special Needs Trusts Impact Government Benefits like SSI and Medicaid
As you begin working on estate planning, you may find yourself worrying about the way your will or trust can impact your loved one’s access to government benefits. Without these essential benefits, they may struggle to afford crucial healthcare, services, and more. While this can be daunting, the use of a Special Needs Trust can keep your loved ones safe and cared for, even after you’ve passed away.
Read MoreHow Estate Planners Work with Financial Planners
Effective estate planning involves more than just drafting a will or setting up a trust. Collaboration between estate planners and financial planners is essential to secure your assets and protect your loved ones following your passing. These two professionals play complementary roles in safeguarding your financial legacy and ensuring your wishes are honored.
Read MorePlanning a Trust for Minor Children: Answering Your 8 Most Common Questions
Planning for your child’s future is one of the most important steps you can take to ensure they’re financially secure, even if you’re no longer around. One of the best ways to safeguard their financial future is by setting up a trust for your minor children. But if you’re new to trusts, you may have a few questions about this process.
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