Articles

Talking to Your Kids About Their Inheritance

Talking to Your Kids About Their Inheritance

Many parents are uncomfortable talking to their kids about their wealth.  Talking about how much money or property you have is usually viewed as taboo.  Asking someone else about what they have is often considered impolite. But failing to talk to kids about how much...

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Seniors Need to Engage in Estate Planning

Seniors Need to Engage in Estate Planning

When it comes to establishing wills and estate plans, older Americans outpace their younger counterparts. Still, a significant number — 19 percent of those over age 72 and 42 percent of those between 53 and 71, according to survey data — lack any type of estate plan....

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Talking to Your Parents About Estate Planning

Talking to Your Parents About Estate Planning

It is essential that as your parents' age, you have conversations with them about their finances. To broach the topic, you might bring up current events like the coronavirus pandemic, its effect on economic conditions, and how it relates to the security of their...

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Telehealth Services to Be Covered by Medicare

Telehealth Services to Be Covered by Medicare

In response to the COVID-19 outbreak, the Centers for Medicare & Medicaid Services (CMS) recently announced that it has increased access to Medicare telehealth services. This means that Medicare beneficiaries can receive more...

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Basic Estate Planning Documents

Basic Estate Planning Documents

Estate planning aims to achieve a number of objectives including, but not limited to, designation of guardians, incapacity planning, asset protection, asset distribution and wealth maximization.

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Is a Joint Will a Good Idea?

Is a Joint Will a Good Idea?

A joint will is a will that two or more people make together, rather than each making their own will individually. In practice, a joint will is typically created and signed by a married couple in order to dispose of property that they own together.

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What if Someone Dies without a Will?

What if Someone Dies without a Will?

A will leaves the estate to named persons and organizations. Through a will, the testator can make specific gifts, distribute percentages of the estate, and create trusts for management and future distribution of all or some of the assets of the estate.

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How Assets Pass to Heirs

How Assets Pass to Heirs

People often have misconceptions about how assets pass after death. Some even believe that if they do not transfer property they own to their children, it will go to the state.

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