Have you ever considered what would happen to your most valuable asset if something unexpected happened to you or your loved ones? Would your family be able to keep the house, or would it be lost to creditors, taxes or other external factors? A Qualified Personal...
Providing Peace Of Mind
For You And Your Family
Month: September 2024
Can you let family members take small mementos from the estate?
One of the hardest parts of being the executor of someone’s estate is coping with the emotions of the deceased’s family members and friends. When people are grieving, they can act in unusual ways – and some heirs and other family members may get demanding. With that...
How to clean out a loved one’s home after their death
As the executor of your loved one’s estate, you have a lot of duties to handle – not the least of which is preserving the estate’s assets. To that end, it may fall to you to clean out your loved one’s home. Since much of what the home contains may be part of the...
How Medicaid calculates penalties for asset transfers
Many older adults eventually turn to Medicare for crucial coverage as they age. Older adults who need to have nursing support in their homes or to move into nursing home facilities typically pay thousands of dollars per month for the assistance they require. Medicare...
Family members may fight over a residuary estate without a plan
Adults establishing or reviewing an estate plan often focus on a few key details. Ensuring that they have made arrangements for their most valuable assets is often a priority. People worry about retirement savings accounts, real property, vehicles and businesses....
How can my estate plan support my grandchildren’s education?
As a grandparent, you likely dream of helping your grandchildren achieve their educational goals. A robust education can open doors to countless opportunities and foster personal growth. But with the skyrocketing costs of higher education, many families struggle to...
What is an executor of the estate?
What happens to your assets after you pass away? With the use of a will, you can decide. You could choose family members or friends to inherit your estate after you pass away. How will you know that your estate is administered according to your last wishes? This...
Does your estate plan need more than a will?
One of the most important documents necessary for estate planning is a will. A will can outline your last wishes, including how you wish for your estate to be managed after you pass away. Your will can also name beneficiaries who may potentially gain from your estate....