People may have Medicare and other insurance simultaneously for several reasons.
Revocable and irrevocable trusts are the two most common types of trusts used for estate planning. While there is some similarity, these two major categories of trusts have different purposes in your estate plan. Both can substitute for a last…
When a loved one passes away, dealing with the death and receiving an inheritance is an emotional time. The loss of a loved one is sad, but the influx of funds can bring joy or relief. It can be hard…
More often than not the right way to divide assets is equally among children. Yet, in some families, each child receiving the same inheritance can be inappropriate, deplete the estate’s assets due to ensuing litigation, or cause other family issues…
You may be wondering who should be responsible for dispersing your assets as you begin your estate planning process or are just starting to consider how to proceed. A trust can be a great tool in your estate planning tool kit.…
In contrast to a last will and testament, a living will does not transfer assets after death. Instead, it is a mechanism to communicate to your family and doctors how you want medical care conducted when you aren't able. Your living…
In a will, you identify who will receive your assets and properties, addressing who will inherit them after your death. Your will names a personal representative (executor) who will carry out your directives. In addition to asset distribution, your executor makes…
Probate court is where the probate process takes place, most people are familiar with the fact that it takes place following someone's death. Unfortunately, fewer people know that it can be a long and complicated process. It can sometimes take…