With the cost of healthcare and long-term care in the United States, it may be natural to assume that wealthy individuals live longer than those with less access to financial means. But is this assumption true? Studies have shown that it is. Some early studies indicated that there was a fairly wide gap, but more […]

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When you think about how many people do their estate planning, it’s easy to assume that every adult must have some sort of plan. After all, everyone has assets, even if some people have more than others. Many people have children. And, above all else, all people are going to pass away at some point. […]

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Estate planning after you have been diagnosed with Alzheimer’s can be problematic for your family. They may not think that your estate plan is accurate because of your condition. For instance, say you want to leave someone out of your will. You have your own reasons to do it, and you even talked with the […]

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Estate planning involves far more than just 10 steps. In fact, one of the reasons that people often put it off is that they feel intimidated by the sheer amount of work that they know it’s going to be. You shouldn’t feel this way. Estate planning is very important and you can accomplish it; it’s […]

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For some people, the word “trust” conjures up images of spoiled college-age children living off the largesse of their families. However, trusts are not solely the domain of the incredibly wealthy and elite. Instead, trusts are wonderful estate planning tools for Americans of all incomes. The creation of a trust gives you more control over […]

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You could argue that one of the most common estate planning myths is that you can do it later, that you’ll always have time to get around to it. People do think this way, but most people technically do know — even if they still haven’t done their estate planning — that they can’t predict […]

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It’s important for everyone to know all that they can about estate planning. That means men, women, married couples, single people and anyone else. Far too many people enter old age without an estate plan or pass away without even a will. However, there is a special amount of focus on women when it comes […]

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Financial experts note that one of the main mistakes people make with their estate planning is simply that they let the plan become outdated. This often means that they do not update it through major life changes, like starting a business or starting retirement. However, you can also let your beneficiary designations become outdated, and that’s […]

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For a lot of people, the end goal of estate planning is relatively simple. They don’t want to do anything extravagant. They’re not looking for some out-of-the-box solutions. They just want to give their children a better life. In one study, for instance, a full 67 percent of people who were at least 51 years […]

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It is important for both men and women to do their estate planning. However, that does not mean that the process is exactly the same for both genders. Women often face some unique challenges that may not impact men — or, at least, may not impact them as often. For instance, take a look at […]

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