| Read Time: 4 minutes | Estate Planning

Life Insurance Plan: How Can It Complement with Estate Planning?

Estate planning is all about anticipating the unexpected. Life insurance is all about protecting those you love when the unexpected occurs. Including a life insurance policy in your estate plan can provide financial support for your family and reduce tax burdens.  Life Insurance Plan: How Can It Complement with Estate Planning? Incorporating life insurance into your estate plan offers...

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| Read Time: 4 minutes | Estate Planning

Talking About Estate Planning with Parents and Retirees

Of all the awkward conversations to have with your parents, discussing their death might top them all. However, talking about estate planning with parents and retirees is important and necessary. In this blog, we discuss the importance of an estate plan and share tips on having this important conversation with your mom and dad. If you need someone to...

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| Read Time: 4 minutes | Estate Planning

Why Do You Need Asset Protection?

You spend your whole life building wealth and gaining financial stability so you can breathe easier as you near retirement. Without protecting your assets, you might be left holding your breath instead. Asset protection planning uses financial and legal strategies to safeguard your assets from creditors, lawsuits, seizure, and taxation. When you create a solid asset protection plan, you...

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| Read Time: 4 minutes | Estate Planning

Guide on How to Create an Estate Planning Blueprint

No one likes to talk about what will happen after they die. Still, knowing that your assets will be distributed the way you wish and that your family will be cared for after your death can be a massive weight off your shoulders. Although many people believe that estate planning is very important, only 40% of Americans had a...

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| Read Time: 4 minutes | Estate Planning

How Can I Use Estate Planning To Prepare For Medicaid?

The Medicaid program can help you pay for nursing home care or home healthcare as you grow older. Most people pay for care out of savings, then apply for Medicaid once their assets are “spent down.” Of the 294 surveyed Medicaid applicants approved in 2012, 14% had over $100,000 in total resources. Therefore, estate planning and Medicaid go hand...

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| Read Time: 4 minutes | Estate Planning

Is a Healthcare Proxy in an Estate Plan Important?

If you’re starting to worry about what will happen to you and your family as you age, it’s time to consider choosing a healthcare proxy. A healthcare proxy is an important part of any estate plan. A well-planned estate eases the burden on your family. It explains your wishes for after your death as well as for your medical...

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| Read Time: 4 minutes | Estate Planning

Get to Know the Six Estate Planning Mistakes When You’re Remarrying with Children

Estate planning protects your property and assets if you become incapacitated or die. It guides your family about your wishes for health care and finances when you can’t make those decisions anymore. If you don’t have a written estate plan, the state may make these decisions for you. When you’re remarrying, it’s time to update your estate plan to...

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| Read Time: 4 minutes | Estate Planning

Estate Planning: The Documents Your Children Should Sign Before Heading To College

Sending your son or daughter off to college is an exciting milestone for both you and your child. There is so much to prepare during this time, from housing arrangements to class schedules to moving day. If estate planning for your child is not on the to do list, it should be. With certain estate planning documents in place,...

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| Read Time: 4 minutes | Estate Planning

Estate Planning: How Can I Transfer My Business Through My Estate Plan?

Without a doubt, if you own a business you have thought of when and how you might transfer the interest in your business. When anyone addresses estate planning issues, they have to make some decisions. But business owners have special considerations when it comes to their estate plans. If you are in this situation, you are likely wondering: Is...

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| Read Time: 4 minutes | Estate Planning

Here’s Why Single People Need Estate Planning Too

A common misconception is that estate planning is only for the wealthy, the elderly, and married couples with kids. In fact, estate planning is for everyone—even single people. Arguably, estate planning for a single person is more important because there is no spouse, the most natural inheritor of an estate. It is imperative that a single person specify who...

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