How To Pick an Executor

There is a key aspect of creating an estate plan that you should not gloss over: choosing whom to carry out the wishes outlined in your will, making important decisions on your behalf. Select someone who’s trustworthy, organized and able … Continued

Estate Planning With Big Age Gaps

Are you in an age-gap relationship?  Studies show an age gap among spouses in five percent of first marriages and 20% of second marriages. Estate and financial planning for spouses with significant age differences requires a special focus on making both … Continued

All About Prenups

A prenuptial contract (“prenup”) lists all the property owned by two people who are about to marry, specifying what each person’s property rights will be after marriage. These days, you don’t have to be wealthy or famous to turn to … Continued

How To Find a Retirement Community

Retirement communities allow you to live independently and receive care as you need it. There are a great number of active older adults living in retirement communities. Some are there to avoid the isolation that can come with aging and … Continued

When To Use a QTIP Trust

A qualified terminable interest property, or QTIP, trust provides for a surviving spouse while allowing you to maintain control over how your trust’s assets are distributed once that spouse dies. Income, and sometimes principal, that are generated from the trust … Continued

What Is an Active Adult Community?

When you think about life after retirement, what do you picture? Perhaps you’d like nothing better than to stay in the same home you’ve had for years, but maybe you’re thinking about a change. Many seniors prefer small, low-maintenance homes. … Continued

How to Pass Down a Family Business

Expecting to inherit and run your family’s business exactly like Mom and Dad did? Each new generation of leadership has different skills and interests. Business contexts shift. Maybe you should step back and consider the CEO’s job description, the governance … Continued

Should You Go with a Medicare Broker?

How can you be sure that an insurance salesman is being honest with you? Talk to a broker instead of a corporate representative. Because Medicare brokers work for many different insurance companies, they can try to find the right fit … Continued

The Basics of a Will

Everyday events are unpredictable. A catastrophic health condition or injury can leave anyone incapacitated. A will can speak for you when you cannot speak for yourself. Most Americans agree that creating a will is a critical part of having a … Continued

Is Seed Investing Still a Possibility?

As economic fallout from the pandemic stifles small businesses, venture capital firms that were in the fundraising stage have slowed their commitment-making. It remains uncertain how long the disease and its economic impact will linger. For opportunistic investors, falling valuations … Continued