Planning for the future means making sure your wishes are clearly documented. With estate planning, two critical documents often cause confusion: a last will and testament vs. living will. While both serve essential purposes, they address entirely di…
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As we age, planning for the future becomes increasingly important. The decisions and costs associated with extended care can place significant stress on individuals and their families if a plan isn’t in place. Long-term care planning is a thoughtfu…
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Due to the rising healthcare costs for older adults, Medicaid planning is crucial when it comes to having access to long-term care. However, because of the stringent requirements and legal implications associated with meeting the eligibility criteria…
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A trust is an estate planning instrument that allows you to transfer assets to the beneficiaries of your choice in the manner that you wish. However, it’s essential to be aware that a beneficiary doesn’t always have to be a person — it can also…
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When it comes to estate planning, there are many unique considerations for blended families. While you might wish to provide for both your children and stepchildren (and sometimes even a former spouse), it’s essential to understand the legal requir…
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Estate planning encompasses much more than what will happen to your assets when you pass away. It also empowers you to make choices about the healthcare you would like to receive (or not receive) if you cannot make these decisions for yourself. Impor…
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Estate planning doesn’t only involve planning for the distribution of your assets after your passing — it also has to do with planning for incapacity. While accidents or the unimaginable can happen at any time, one of the most important documents…
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As you grow older, you might begin thinking about how to ensure your objectives will be carried out when you pass away. But it’s important to understand that estate planning involves much more than executing a last will and testament — it also ha…
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If you are the owner of a company, your business isn’t just your livelihood — it is also the legacy you will one day leave to your children and grandchildren. While it can be all too easy to focus on the daily operations of your business, owners…
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If you become incapacitated — or your loved one develops a condition that impairs their ability to manage their affairs, think clearly, or make decisions — a guardianship may need to be put in place. Importantly, there are different types of guar…
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