The Cost-of-Living Adjustment (COLA) safeguards the monthly Social Security benefits provided to seniors. Changes in the COLA are tied to the Consumer
The Significance of Trusts as Essential Estate Planning Tools
Estate planning is an important process that involves distributing money and property after a loved one is gone. Though many people are familiar with
The Use of Life Insurance in Estate Planning
A grieving loved one shouldn't inherit assets only to find that they cannot access them for cash expenditures after you die. Most retirees’ assets are
Survivorship Estate Planning
The grief that follows the loss of a spouse or long-term partner makes it difficult to consider other things. However, it is crucial to understand
An Overview of Different Trust Types
We're familiar with trusts, often when it comes to beneficiaries of trust funds. Some may think that trusts are only for the wealthy, but they are a
An Estate Plan Should Include a Family LLC
Most small business owners know that limited liability companies are advantageous for financial management, yet LLCs are also useful estate planning
Financial Planning for Your Parents
Experts agree that you should not wait until your aging parent has cognitive decline to discuss finances. It will take time to gather all the
Selecting a Special Needs Trustee
A special needs trust (SNT) is usually set up for a loved one with a disability by the grantor (the person who creates and funds the trust). However,
Estate Planning and Fiduciaries
As far as estate planning is concerned, a fiduciary is a person, professional, or organization that has been appointed to act in the best interest of