Posted by Nina Whitehurst | Dec 24, 2018 |
So, which trusts will work for you?
There are many ways to use various trusts within an estate plan and it most likely will be beneficial to learn which ones will help achieve your goals, according to The Daily Sentinel in “Are you prepared for threats to your estate?”
Posted by Nina Whitehurst | Dec 21, 2018 |
If the topic of medical directives has not come up within the family and there has been no discussion, then do it now.
Medical directives and other estate planning documents need to be kept up to date as the years pass by, according to the Watertown Public Opinion...
Posted by Nina Whitehurst | Dec 20, 2018 |
If you are fortunate enough to have an employer match, the end results are even better.
The IRS has raised the contribution limit for a 401(k) plan by $500 next year and it can make a difference over the years in your retirement fund, according to The New York Times...
Posted by Nina Whitehurst | Dec 19, 2018 |
Everyone dies but what documents do you need in your lifetime?
When it comes to estate planning, people often focus on what is needed when you pass away. However, there are some key documents you don't want to go without in your lifetime, according to nwi.com...
Posted by Nina Whitehurst | Dec 18, 2018 |
Thinking of traveling after years of work? Plan for it and save for it.
When it comes to planning for your retirement, consider the possibilities that await you. However, you should also consider the fact you will most likely be living on a fixed budget and costs become crucial, according to...
Posted by Nina Whitehurst | Dec 18, 2018 |
You may have to take care of your parents in later life and it's best to prepare one step at a time.
Life starts out with your parents taking care of you but often that scenario changes and you end up caring for your parents. Sometimes preparing for that situation is easy but not always...
Posted by Nina Whitehurst | Dec 14, 2018 |
What might happen if you have the talent for success but not the talent for business?
As can often be the case, many extremely talented people accumulate large estates and they often are not prepared to take on the task of organizing the transfer of assets, according to the Reno Gazette Joural...
Posted by Nina Whitehurst | Dec 13, 2018 |
You may want access to some of your estate planning documents while traveling.
Documents created in an estate plan such as a living will, durable power of attorney and others all need to be kept in a safe place. However, it might also be a good idea to have them easily accessible, according ...
Posted by Nina Whitehurst | Dec 12, 2018 |
Some issues are not easy to approach for discussion. However, they are necessary.
With holidays upon us, it is perhaps a good time to have a conversation with your parents about long-term care and other aging issues, according to News3LV...
Posted by Nina Whitehurst | Dec 11, 2018 |
In today's world, it is not at all unusual to have a blended family.
Blended families often face special challenges when it comes to estate planning. Those issues are best approached openly, according to JD Supra in “Seven Estate Planning Considerations For Blended Families.”
Posted by Nina Whitehurst | Dec 10, 2018 |
Strong finances and a full social life can often be the keys to success.
There can be happy retirements and there can be challenging and perhaps even unhappy retirements. However, the state of those years is often created long before retirement age arrives, according to U.S. News & World Report...
Posted by Nina Whitehurst | Dec 07, 2018 |
Many retirement strategies are often presented in Hollywood.
Even though it is an unlikely source of planning for retirement, the movie industry often leads to the thought process about the later years of life, according to USA Today...
Posted by Nina Whitehurst | Dec 07, 2018 |
You have options when it comes to saving for those tuition bills.
What is the best way for one generation to save for the next generation to be funded for a college education? There are a number of ways to accomplish it, according to Penta...
Posted by Nina Whitehurst | Dec 06, 2018 |
There are ways to make both members of the couple knowledgeable about finances.
There can be a high cost to the surviving member of a couple, if the member who passed away was the person who handled all of the household finances, according to The Wall Street Journal...
Posted by Nina Whitehurst | Dec 06, 2018 |
Early signs of the loss of a customer's mental agility may be recognized by banking personnel.
New federal legislation gives banks and financial institutions new tools to join in the efforts to halt the ever-growing problem of elder financial abuse, according to The Wall Street Journal in...
Posted by Nina Whitehurst | Dec 05, 2018 |
Sometimes even having a will is not enough.
Most people do not want their finances released to the public. However, if they are not careful with their estate plan, their financial world will become an open book, according to the Robb Report...
Posted by Nina Whitehurst | Dec 05, 2018 |
Joint accounts can sometimes be a problem for your estate.
Making all of your accounts as Transfer on Death (TOD) or Payable on Death (POD) to avoid probate sounds like a simple solution. However, sometimes it can become a complex problem, according to The Mercury...
Posted by Nina Whitehurst | Dec 04, 2018 |
Consider your planned lifestyle before retiring, in order to choose the right location.
As retirement approaches, many people need to decide between remaining in their home of many years, downsizing to a smaller location, or moving to a retirement community. However, many myths about retiremen...
Posted by Nina Whitehurst | Dec 03, 2018 |
Your family will most likely face some tough times if you don't make a plan.
It doesn't matter which generation you belong to, when it comes to estate planning. If you pass away without an estate plan, it is likely the people you love will face many trying days of tough decisions and trying ...
Posted by Nina Whitehurst | Nov 30, 2018 |
So, what would you like to happen with your business?
If you are a business owner, you have worked long and hard to be successful. However, there comes a time when you look toward the future and decide what you would like to happen, according to Northern Nevada Business...
Posted by Nina Whitehurst | Nov 29, 2018 |
As life progresses, an estate plan often becomes even more important to you and your family.
As a person's life progresses and the difficulties that can arise do, they are often motivated into creating an estate plan but that isn't necessarily the end of the story, according to the Brentwood Home Page...
Posted by Nina Whitehurst | Nov 28, 2018 |
So, just who signed the agreement?
The Alabama Supreme Court has ruled that the daughter of a deceased dementia patient does not have to submit to binding arbitration with a nursing and rehabilitation center, because of the question of having authority to sign the agreement, according to Legal Newsline...
Posted by Nina Whitehurst | Nov 27, 2018 |
There are strategies on spending in retirement years, so pick the one that fits your circumstances.
You've saved, invested, spent wisely and now you're retiring. There are a number of helpful strategies out there for you to begin the journey of spending but not overspending, according to Ner...
Posted by Nina Whitehurst | Nov 26, 2018 |
It's a good idea to avoid those discussions about money.
It is usually a wonderful event when you gather the family for Thanksgiving or holiday dinner with various personalities and interests. However, it is wise to avoid certain discussion topics, according to U.S. News & World Report...
Posted by Nina Whitehurst | Nov 23, 2018 |
There can be a future, but plans must be made.
A diagnosis of early stages of Alzheimer's does not mean the immediate end. However, it does mean that plans have to be made quickly, as explained in The New York Times article “Leading an Active Life with a Diagnosis of Dementia.”