It’s impossible to avoid sibling rivalry in most families. Depending on your particular family members and the dynamic between them, old rivalries from the past can become more significant when a parent passes. Adult children who are emotionally upset and… Read more »
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Alzheimer’s Disease Can Be Treated With Aduhelm Medications
An estimated 6 million Americans suffer from Alzheimer’s Disease (AD), a progressive and debilitating dementia that is accompanied by anxiety. It is hard to exaggerate the emotional and financial toll on families afflicted with the disease. People are desperate for… Read more »
Creating a Charitable Trust Can Provide Your Heirs With Income
A charitable trust is an irrevocable trust that can provide income to your heirs and benefit you. If you are philanthropically-minded with nonessential assets like stocks or real estate, a charitable trust can offer many financial advantages for all those… Read more »
The Most Significant Transfer of Wealth in US History
History has never seen a financial situation quite like this before. Baby boomers preparing to pass on their legacies through estate plans put America on the brink of the largest ever transfer of wealth. Over the next 25 years, projections estimate 68.4… Read more »
Planning Your Estate as an Entrepreneur
Among entrepreneurs, there are several characteristics that they all share: motivation, creativity, persuasiveness, risk tolerance, versatility, vision, innovation, communication and collaboration, flexibility, and decisiveness. These individuals create new businesses bearing most of the risks and reaping most of the rewards… Read more »
Waivers for Nursing Facility Care in the Home Under Medicaid
Those who believe they cannot meet Medicaid’s strict income and asset limits for long-term care benefits might want to think again. If you currently demonstrate the need for nursing home facility services, you may meet health eligibility rules for a… Read more »
What Can a Creditor Do to Disrupt a Probate
In a will, the personal representative (executor) is responsible for entering a public record of the death date of the testator, usually in the local newspaper. In part, this information serves as notice to creditors if the decedent has an… Read more »
A Guide for Seniors on Estate Planning
Estate planning is considered essential by most older adults. Yet, nearly half of Americans age 55 or more do not have a will, and even fewer have designated powers of attorney, a living will, or health care directives. These documents… Read more »
Does an ALS diagnosis have you considering your long-term care?
Various life events can cause Minnesota residents to consider their end-of-life wishes. In some cases, a loved one may have passed and caused surviving family members to consider their own mortality. In other instances, individuals could receive an unfavorable medical… Read more »
Finding a loved one’s assets for probate can take effort
When a loved one passes away, it can seem as if you are in a whirlwind of events and emotions. Funeral arrangements may need making or at least carried out, surviving family members may come and go, people will say… Read more »