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What You Should Consider Before Scattering a Loved One's Ashes

Posted by Nina Whitehurst | Jan 25, 2023 | 0 Comments

Saying goodbye to a loved one is heartbreaking. Making final arrangements can be overwhelming, and knowing what you are allowed to do to fulfill your loved one's wishes is important, but it can also be confusing. If the person you lost wanted to be cremated and have their ashes spread, you should know where you can scatter their ashes to make sure that putting your loved one to rest is done appropriately.

Utilizing a 1031 Exchange to Avoid Capital Gains Taxes

Posted by Nina Whitehurst | Jan 20, 2023 | 0 Comments

If you are planning to leave an investment property to loved ones, a 1031 exchange may be a helpful estate planning tool for you. Because these exchanges allow you to defer taxes or limit taxes owed at the time of a sale, you can use the money that would have been spent on taxes to increase your real estate portfolio, rental income, and personal wealth.

Is a Grantor Retained Annuity Trust Right For You?

Posted by Nina Whitehurst | Jan 18, 2023 | 0 Comments

A Grantor Retained Annuity Trust (GRAT) ­is a mechanism by which wealthier individuals and couples can transfer appreciating assets to their heirs and minimize gift or estate taxes. High-net-worth individuals and couples can use GRATs to freeze the value of their estates and transfer any increase in the value of their assets to their heirs, with minimal tax consequences.

What Does It Mean to Be Estranged?

Posted by Nina Whitehurst | Jan 16, 2023 | 0 Comments

Estrangement refers to a breakdown in a relationship, such as a relationship with a spouse or family member, where there is no longer any communication, or communication has become hostile, and the individuals lead separate lives. Although estrangement can significantly impact individuals’ lives, it is not a legal term and, in many cases, might not have a legal effect.

What Not to Include in Your Will

Posted by Nina Whitehurst | Jan 13, 2023 | 0 Comments

If you are considering preparing a will, this is a great first step in planning for the future. After reflecting on the basics, such as whom you want to be in charge of administering your wishes, you may wonder if there’s anything you shouldn’t include in your will. The answer is yes. There are some things that you should avoid.

The Ins and Outs of Estate Sales

Posted by Nina Whitehurst | Jan 11, 2023 | 0 Comments

Following the death of a family member, you may find yourself needing to sort through many possessions accumulated over the deceased’s lifetime. An estate sale is one way to distribute those items that you do not want or need quickly and efficiently.

After a Dementia Diagnosis: Preparing for the Future

Posted by Nina Whitehurst | Dec 23, 2022 | 0 Comments

A diagnosis of dementia, a category of diseases affecting memory and thinking that includes Alzheimer’s disease, can feel overwhelming and upsetting. You might worry that you will lose control over your life and ability to make your own decisions. Fortunately, receiving a diagnosis of dementia or Alzheimer’s does not mean that you cannot execute legal documents or make decisions about plans for your future finances and health care.

Getting Medicare Food Benefits

Posted by Nina Whitehurst | Dec 16, 2022 | 0 Comments

Although original Medicare does not offer food benefits, some Medicare Advantage plans provide a grocery allowance or cover meal delivery. Some programs also include nutrition education and cooking classes.

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