Many people seek strategies for wealth transfer and estate planning that preserve their assets and allow them to reap financial benefits while they are alive. …

Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) both require medical determination. Still, there are some differences in the eligibility requirements and how …

Estate taxes are imposed in the US on assets transferred from a deceased individual's estate to his or her heirs. An estate tax is not …

You may think creating your estate plan with do-it-yourself documents will save you cash. However, it can be costly in the end, both financially and …

You can influence your adult children's decision-making process by managing expectations regarding their inheritances as they form their financial plans and knowing their general inheritance …

Assets or wealth are transferred from one person or entity to another via wealth transfer. The transfer can happen either during your lifetime or after …

As a result of technological advancements in self-monitoring medical devices, telehealth, and smart homes, many aging Americans are able to live in their homes longer …

We don't want to think about death, especially our own death. Add to that the question of what will happen to our assets after we …

Low-income individuals and families can receive health insurance through Medicaid. However, Medicaid planning has become a growing trend among individuals with higher net worth as …

Estate planning and succession planning for farm and ranch real estate, livestock, equipment, and other personal property presents unique challenges. There is a common misconception …

If you have insurance coverage but still receive huge bills due to a medical emergency, it can be especially difficult. For example, suppose that you …

There are many types of probate litigation, including guardianship and conservatorship disputes, will contests, conflicts over family real estate, and true intentions of gifts. The …

Millions of Americans receive comprehensive medical coverage and financial protection through Medicaid, a federal and state public health insurance program. The program helps low-income families, …

To protect your assets, your wishes, and your loved ones, estate planning is vital regardless of your gender identity or sexual orientation. Estate planning allows …

With more people online than ever before, scammers are becoming more adept at mimicking communications, resembling tech support, government employees, and romantic partners. Seniors are …

Managing the digital properties you own is becoming increasingly important as we become more and more integrated into the Internet of Things (IoT). From smart …

You should implement Power of Attorney (POA) documents as part of your estate planning. All states recognize powers of attorney, but rules and requirements will …

Social Security is funded by payroll taxes paid by workers throughout their working lives. Individuals may opt to receive Social Security benefits as early as …

Although we gain more time after retirement, exercise may still be sacrificed to other activities in our busy lives. According to the American Medical Association …

The problem of age discrimination in the workplace persists despite decades of efforts to eliminate it. Age discrimination occurs when an employee or prospective employee …

Upon receiving an inheritance and dealing with a loved one's death, people feel mixed emotions. The loss of a loved one is sad but the …

As part of a comprehensive estate plan, several documents are created that spell out how a person wishes to be remembered. During the process, you …

Increasing numbers of older Americans are experiencing widowhood or divorce, leading to new relationships. The US Census Bureau reports that more than half of all older adults …

Despite inheritance, stepchildren are often treated the same in today's American families as full biological children. This is particularly true where stepchildren are part of …

The process of distributing the property of the deceased will be overseen by a probate court if your loved one dies intestate, or without a …

It is possible that your heirs, including minors and adults, may disagree regarding family circumstances, particularly regarding inheriting your estate. Relationships can change and intensify …

The annuity is a financial product that pays a fixed amount of money every year for the rest of the annuitant's life. Most annuities are …

The goal of most of us is to live a long and healthy life. However, when people live for a long time, they often outlive …

When you start planning, both in terms of financial affairs and health care needs, you may wonder what the difference between estate planning and elder …

You were chosen to handle a deceased person's assets and affairs after their death if they believed that you would be a trustworthy executor or …

A parent who is aging often loses their ability to think clearly and make informed and meaningful decisions. This growing inability may occur due to …

Current inflationary pressures are leading to financial insecurity for many US seniors. Besides reducing unnecessary expenses, retirees or near-retirees should examine existing government programs to …