People with many different relationships can want to help a ward or vulnerable person. Parents, both biological and adoptive, serve as the legal guardian for their children while they are still young. Adults with special needs and those experiencing cognitive decline...
Month: May 2021
What do you need to do to plan for long-term care?
As a part of your estate plan, it’s smart to establish a long-term care plan. Your estate plan is there to help with a range of issues, like setting up your health care power of attorney and protecting your assets. It’s also there to assist you with Medicaid planning...
3 events that will signal a change in your estate plan
Far too often, individuals will take the time to develop a comprehensive estate plan that includes numerous contingencies and financial documents, and assume the plan will never need to be revised in the future. There are numerous significant life events that...
How will taxes affect your estate?
Estate taxes affect less than 1% of United States residents. While many people accumulate meaningful wealth during their lifetime, few amass truly significant fortunes. Yet, through sheer luck or shrewd investments, your estate could face taxation in the future. If...