As much as you might want to help your children by giving them money they can use, it may be best to hold off and seek advice to make sure that you are doing so in the best way. Most parents like doing nothing more than helping their children when they can and when the […]
A federal regulation is designed to make it easy for people to get pricing information from funeral homes, but the rule is often ignored. A long time ago, funeral homes colluded with each other to not give detailed information about their prices to potential customers. As a result, families could not shop around for the […]
What’s going to happen to your Facebook account when you die? Or all the songs you’ve downloaded from iTunes? As digital assets become more common for all of us, it’s important to incorporate them into estate plans. Unfortunately, as was recently explored in a Denver Business Journal article featuring WealthCounsel, that’s not always easy to […]
It is every parent’s worst fear. A child will agree to give away their inheritance for far less than it is worth for quick money. Recently, MarketWatch published an advice column with the following question as its title: “My drug-addicted friend signed away his $800,000 inheritance to his brother — now he’s clean, can he […]
If you are going to be a caregiver for an elderly family member, there are some important things that you need to do before you get started. Being a caregiver for an elderly person is not easy. It takes a lot of time and can come with emotional and financial costs. That is even more […]
Every year thousands of wealthy people temporarily move from their cold, northern homes to residences in warmer states. Many consider making their warmer homes their permanent residence, especially as they grow older. Given the choice, many people would much rather live in the warm, sunny climates of states such as Florida and Arizona instead of […]
These days, more people are living single than ever before. In 1970, just about one- third of Americans 15 and older were single, according to U.S. census data. Today, that number’s closer to 50 percent. Whether never married, divorced or widowed, singles need to pay just as much attention to their estate planning as married […]
For most estate plans to go well, it is important that parents talk to their adult children about the family finances. While many parents claim that they do, the children say that they do not. Estate plans often have many complicated pieces, since they reflect the complicated nature of people’s finances. Those who are not […]
Most of the estate disputes that get reported, involve large fortunes that are being fought over. In reality, most family estate fights involve much smaller things such as personal items. You may not realize it, but many of the personal items you have around the house have a special meaning to your adult children. Some […]
When people are approaching death, they could choose to talk about anything that they wanted. Most talk about their friends, families and other loved ones. You might think that when people are dying and they are visited by a chaplain that they would want to speak to the chaplain about religion and seek reassurances about […]