Estate Planning

If one of your relatives has a disability or other special needs that make it difficult to work, he or she may have a hard time existing as an adult. Fortunately, government programs often provide meaningful benefits to those who cannot support themselves financially....

Dealing with an illness or injury can be challenging. If you have a loved one who has a disability, you may want to give cash or other assets to him or her. After all, while money does not buy happiness, it can make life easier for those who have disabilities. As you...

An unexpected accident or medical emergency could result in a business losing an owner or a partner. If your organization relies on an individual’s skills, its business relationships may deteriorate after an illness or a death. As noted by Kiplinger’s Personal...

Naming health care representatives may give people peace of mind that, even if they cannot speak or make decisions for themselves, choices relating to their care will get made based on their preferences and values. Without warning, serious illnesses or injuries leave...

Going through estate planning often serves as a massive headache. It takes a lot of time, money and planning to get your affairs in order, and the bigger your estate, the more effort it will take to set everything straight. However, you should not just focus on what...

An estate plan addressing business succession may prevent an unexpected disruption to your operations. If you know a motivated individual who could take over your business, you may begin preparing your successor to lead the team. As noted by The CPA Journal, training...

Establishing a legal document that dictates the handling of your estate is crucial for farmers. By creating an estate plan, you can ensure that your wishes are not only clearly stated, but that everything gets taken care of the way you want it, even when you are...

Your estate plan contains confidential and personal information. Considering you have specific instructions regarding the use of your assets, you should use caution in sharing too many details. However, you may wonder if there are aspects of your plan that your family...

A family farm comes with distinct estate planning considerations, including succession planning. When deciding to retire, farm owners must think about their intent for the future of their business while creating a legacy for children and grandchildren. Consider these...

When seniors receive a dementia diagnosis, they may want to ensure that they have an estate plan in place. People may gradually lose the ability to make decisions about their everyday lives. Planning early allows them to consider the kinds of legal documents that they...