Protecting Your Child's Inheritance in a Second Marriage
Sep 21, 2015
Blended families are not a new concept. Those who do genealogy research often struggle to accurately identify which children were born to a first, second or third marriage. Those who suffer loss of a...
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Planning for Incapacity
Jul 21, 2015
Most of us realize that it is unrealistic to expect that accidents or misfortunes will never happen to us. We put off the need to worry about the possibility of incapacity until “someday.” Still, we d...
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Smart Estate Planning for Your Pets
Jul 21, 2015
There are more pets than children in American households, and for many people, old and young alike, pets are as much a part of their family as any human, sometimes more so. Planning for your companion...
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Spruce Up Your Old Trust With New Tax Advantages!
Jan 29, 2015
Bypass trusts can now be amended to take advantage of new tax laws. Bypass Trusts are also known as A/B Trusts, exemption trusts and credit shelter trusts. This type of trust includes all trusts are d...
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Helping Families Deal with the Financial and Emotional Costs of Dementia
Sep 18, 2014
No one thinks about planning for possibility of dementia, but without planning, families can face huge financial burdens on top of the already emotional situation. Dementia Defined Dementia is not act...
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What happens after my child with special needs turns 18?
Sep 18, 2014
Parents of children with special needs should be concerned with who will make medical and financial decisions once the child turns 18. Once a child reaches 18, the parents can no longer legally make d...
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About Family Limited Partnerships
Aug 19, 2014
Family Limited Partnerships (commonly called FLPs) are often used to transfer wealth from one generation to the next. What are Family Limited Partnerships? Family Limited Partnerships (commonly called...
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About Long-Term Care Insurance
Aug 19, 2014
The longer we live, the greater the chance is that we will need some type of long-term care, meaning that we will need to be taken care of due to a physical illness, a disability, or a mental impairme...
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What Will Happen to Pets When the Owner Becomes Disabled or Passes Away?
Aug 18, 2014
For many pet owners, pets are members of the family. These pet owners often say that if something happens to them, they are just as concerned with what will happen to their pets as they are with what...
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Does a Supplemental Needs Trust Need a Payback Provision?
Aug 18, 2014
The quick answer is that it depends on the source of funds used to create the trust. What is a Supplemental Needs Trust? Before we get too much further in, let me give you the definition of a Suppleme...
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