You already know that you should reevaluate your estate planning if your family experiences a marriage, divorce, birth or adoption. However, there are some lesser-known circumstances that require you to take a second look at your will. A beneficiary is incarcerated If...

The purpose of estate planning is to provide clear direction into how your assets and possessions are to be distributed to avoid a lengthy and expensive process later in the event of incapacitation or death. Providing a will and assigning a Power of Attorney can ease...

Having an estate plan is vital. It ensures that your property or assets will be easily transferred to your chosen beneficiaries after you become incapacitated. There are numerous disadvantages of not having an estate plan, and they include family feuds, the exorbitant...

It is common for people to mistake estate planning as reserved for the super-rich. What's the point if you don't have huge stock portfolios, mansions, fancy cars and other pricey possessions like fine jewelry and yachts? In fact, estate planning is all about ensuring...

During the sunset years, your health becomes unpredictable. The risk of developing dementia and other incapacitating health conditions increases as the years tick away. If you haven't granted a power of attorney to someone yet, it's crucial to do so now.  Nominating a...

As you age, like many seniors, you may be seriously considering what you want your golden years to look like. How do you want your children or other caregivers to care for you? What decisions would you like them to make on your behalf? As you're managing basic estate...

Medicaid eligibility is complicated, and it changes from time to time. The application is lengthy and involved. Many applications are denied for simple issues like a missing signature or incorrect date. As an entire generation of "Boomers" retires, seniors and their...

You will want to name an executor or personal representative to help administer your estate after you’re gone. Most people think that a family member is the best person to perform this task. However, this may not always be the case. Estate administration is a big...

Estate planning can be a difficult and intimidating subject. Because of its obscurity, many families may fall into the trap of thinking that estate planning can only benefit particularly wealthy families. However, in reality, estate planning encompasses a wide variety...