The Gift That Keeps on Giving: Paying Your Grandchildren’s College Tuition
Paying your grandchildren’s (or adult children’s) college tuition is one of the greatest gifts you can make. The education lasts a lifetime and opens a world of
The Financial Difficulties Faced by Widows
Losing one’s husband is difficult enough in and of itself. Unfortunately, many widows must also contend with the financial consequences of the loss of their hus
The Risks of Giving Adult Children an “Advance” on Their Inheritance.
There are many reasons you might consider giving your adult children a portion of their inheritance now, while you’re alive and well. Maybe you’ve seen your nes
Managing Your Loved One’s Legal Needs: A Checklist for Caregivers
Serving as a caregiver may require you to oversee your loved one’s legal affairs. A recent article on AARP’s website addressed this issue and included a legal c
Yes, Even Millennials Should Have an Estate Plan
Many people believe that estate planning is only for elders. The truth is that younger folks, including millennials, can benefit from having an estate plan of t
A Change to the Rules Governing Reverse Mortgages Provides Greater Protection for Non-Borrowing Spouses
A reverse mortgage is a loan that allows homeowners age 62 or older to borrow against the equity in their homes and receive a lump sum, a fixed monthly payment,
The Objectives and Benefits of a Spendthrift Trust
A spendthrift trust is typically used to prevent a beneficiary from receiving his or her inheritance all at once. There are several reasons why a grantor (the p
Finding the Right Nursing Home: Don’t Rely Entirely on the Five-Star Quality Rating System.
The Five-Star Quality Rating System was created in 2008 by the Centers for Medicare and Medicaid Services (CMS). It has become a popular tool for families to fi