Your retirement account provides asset protection during your lifetime, but as soon as you pass that account to a loved one, that protection evaporates. When a loved one inherits your retirement account, creditors can seize it and use the funds to satisfy their claims. All it takes is one lawsuit and your life savings could […]
Having a clear conversation about death and dying is never fun. Most people avoid them because they invoke feelings about our inevitable demise. Broaching this subject can be particularly difficult for parents and their adult children. Adult children may avoid bringing up the topic for different reasons. The most common are they don’t want to […]
When a family member or other loved one dies, grief and shock can sometimes be overwhelming. You will need this time to grieve. The last thing most people want to think about is making plans or decisions. Some things do not need to be done immediately, but there are some steps that should be taken […]
The majority of people associate estate planning with making arrangements for your death. However, estate planning is equally important to ensure that your family is taken care of if you are unable to take care of yourself. The inability to make decisions or care for oneself or a minor child is often referred to as […]
