Understanding Estate Planning and Elder Law When planning for your future, both financially and medically, you may wonder about the difference between estate planning and elder law. While they focus on different stages of life, they often go hand in hand—especially since many people wait until later in life to start planning. Let’s break down
Planning for Your Digital Assets in Your Estate Plan Our lives are more connected to the Internet than ever before. From smart home devices to online banking, investments, social media, and subscription services, much of our personal and financial life now exists online. Planning for what happens to your digital assets when you pass away
Avoiding 4 Main Obstacles to Digital Era Estate Planning Read More »
Understanding Federal Gift and Estate Taxes The Internal Revenue Service (IRS) considers any transfer of assets — whether cash, property, or other valuables — from one person or estate to another a taxable event. These taxes, called gift taxes and estate taxes, can affect how much of your wealth reaches your heirs. Fortunately, most people
Understanding Taxes Related to Gifts and Estate Planning Read More »
Most of us aspire to live a long and healthy life. We admire senior citizens for their wisdom. However, their long life often comes with the grief of outliving their spouses, friends, and sometimes their children. If they can’t maintain and make new meaningful connections as they age, they are at risk for crippling loneliness.
Helping Seniors Make Connections to Avoid Loneliness Read More »
5 Common Estate Planning Mistakes — and How to Avoid Them Many people see estate planning as a one-time task — something you finish, file away, and forget. But life changes, and so should your plan. If you make lifetime gifts, change account beneficiaries, or experience financial ups and downs without updating your documents, you