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One of the best times to review your estate plan or to get one, if you do not already have one, is when you are doing your yearly taxes. Even if you have the assistance of an accountant, filing your income tax return can be a time-consuming and frustrating process. Most people want to get […]
Monthly Archives: February 2016
If the best candidate to appoint as the executor of your estate lives in a different state than you, it is possible to designate him or her. However, there are some drawbacks in doing so that need to be considered. The executor of your estate should be someone trustworthy who has financial acumen and who […]
Many nursing homes insert mandatory arbitration clauses in their contracts with elderly patients. They do not do so for the benefit of the elderly. If you read the fine print on almost any standard contract a large company makes a consumer sign, you will most likely find a clause that any dispute between the consumer […]
If you are named as the executor of an estate, you might feel honored by the appointment. That honor can turn to horror if you make a mistake that subjects you to personal liability. Being the executor of an estate sounds a lot easier than it really is. The executor has to figure out what […]
Traditional funerals overseen by a funeral director in a funeral home can be very expensive. Many are choosing the even older option of having home funerals. Having a mortician embalm the remains of the deceased and having a funeral director oversee a public mourning now seem like the traditional ways of burying the dead in […]
Millions of working Americans act as caregivers for their elderly parents. Will companies start to offer onsite elder care centers where employees can drop off their parents while the employees are working? For large companies seeking to entice younger people to work for them, offering onsite childcare facilities has become a popular employee benefit. It […]
Late musician David Bowie’s will was recently submitted to probate. Other than how his remains should be handled the will contains little that is unusual. As a musician and performer David Bowie was always unique. Depending on a person’s point of view, Bowie could even at times have been considered weird or bizarre. This made […]
When people get remarried they are often concerned that after they pass away their assets will go to their new spouses and leave their children from previous marriages with very little. While there are several ways to ensure that does not happen, getting a secret divorce in a foreign country is not one of them. […]
The Internet is changing how people mourn. Is it possible that in the future we will be able to plan our own digital funerals? If you are a frequent user of Facebook or Twitter, then you have undoubtedly noticed that whenever a well-liked celebrity passes away the social media sites are flooded with an outpouring […]
When someone passes away the money that he or she has invested in Social Security is not necessarily wasted. Dependents might be able to claim it through survivor’s benefits. Social Security is essentially a forced retirement plan. We put money into the program and receive it back when we retire in the form of monthly […]
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