Baby Boomers: Inheritance Conversations With Your Children
Not talking to your adult children about their inheritance comes at a cost. Do what you can to manage expectations for adult children as they forge their financial plans. Knowing their general...
View ArticleTurning 18: Part III – Medical Coverage & Housing for Your Child
Medical care is one of the most important services, if not the most important service, that a person with special needs may need over the course of their life. The transition from a parent’s health...
View ArticleWhat to Know About Creating a Living Will
Creating a living will ensures your future healthcare decisions and plans are respected. A living will, or advance directive, is a legal document outlining medical treatment preferences and end-of-life...
View ArticleStates With the Highest and Lowest Assisted Living Costs
Today, 58 million adults in the United States are 65 and older. Seniors make up more than 17 percent of the American population. The U.S. Census Bureau expects this number to reach 83.7 million by...
View ArticleChoosing Trustees for Special Needs Trusts: 5 Considerations
Choosing the right person to serve as trustee of a special needs trust (SNT) is a key task when creating such a trust. It may also prove to be one of the most challenging. Trustees are responsible for...
View ArticleReducing the Risk of a Family Fight in Probate Court
Many family circumstances can increase the risk of probate litigation. High-risk factors that often bring about probate litigation can include sibling rivalry, second marriages without a prenuptial...
View ArticleMedicaid Planning Protects Your Home
Your most valuable property may be your home, which is true for many people. You likelywant your children to inherit that value when you pass away. However, you may also have concerns about planning...
View ArticleLifetime Money Management for Children With Disabilities
Children with disabilities present a unique challenge for parents who are looking to engage in estate planning. For one, you will want to optimize your estate to use, enhance, and enrich assets for...
View ArticleA Seniors Guide to Estate Planning
Most older adults acknowledge that estate planning is essential. Yet, nearly half of Americans age 55 or olderdo not have a will, and even fewer have designated powers of attorney, a living will, or...
View ArticleMedicaid Spend Down: Pay for More Than Just Medical Bills
Since the 1960s, Medicaid has provided health care coverage for low-income people across the United States. For millions of seniors, Medicaid offers financial assistance, helping them to cover the cost...
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