How to Divide Up Personal Possessions Without Dividing the Family
Allocating your personal possessions can be one of the most difficult tasks when creating an estate plan. To avoid family feuds after you are gone, it is important to have a plan and make your wishes clear.
Will Electronic Wills Be the New Normal?
More and more transactions are done digitally, but estate planning has lagged behind technology. That may be changing, though. Even before the coronavirus pandemic made social distancing necessary, electronic wills were gaining legitimacy.
Medicare Open Enrollment Starts October 15: Is It Time to Change Plans?
Medicare’s Open Enrollment Period, during which you can freely enroll in or switch plans, runs from October 15 to December 7. Now is the time to start shopping around to see whether your current choices are still the best ones for you.
Nursing Home Residents Face Even Greater Barriers to Voting Amid Coronavirus Pandemic
The coronavirus pandemic has required nursing homes to put a number of limitations on their residents. These restrictions are having the unintended consequence of making it more difficult for nursing home residents to vote.
Husbands Usually Don’t Consider Their Wives’ Future When Deciding When to Take Social Security Benefits
Husbands usually don’t take survivor’s benefits into account when claiming benefits, according to a recent study, meaning that many widows will needlessly experience a significant drop in income.
The Basics of Estate Administration
Estate administration is the process of managing and distributing a person’s property (the “estate”) after death.
What Is a Trust?
A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a “trustee,” holds legal title to property for another person, called a “beneficiary.” There are many benefits to creating a trust.
When Should You Update Your Estate Plan?
Once you’ve created an estate plan, it is important to keep it up to date. You will need to revisit your plan after certain key life events.
Which Nursing Home Rating System Should You Trust?
Choosing a nursing home for a loved one is a difficult decision and it can only be made more confusing by the various rating systems. A recent study found that using both Medicare’s Nursing Home Compare site and user reviews can help with the decision making.
Four Steps You Can Take to Protect Your Digital Estate
While the internet makes our lives more convenient, it also adds new complications. For example, what happens to all our online data and assets if we become disabled or die?