Estate Planning

A once-popular estate planning tool may now cost families more in taxes than it saves. Changes in the estate tax have made the "bypass trust" a less appealing option for many families.

The famed recording artist Prince died leaving an unknown fortune and possibly no will or estate plan to dictate what to do with that fortune. You don't have to be worth millions to learn a lesson from Prince's apparent mistake. ...

If you or a loved one has been diagnosed with Alzheimer's disease, it is important to start planning immediately.

If you've lost a loved one, the last thing you want to do is spend a lot of time researching funeral homes to find the best prices. Unfortunately, funeral homes do not make it easy to figure out how much...

An increasingly popular hybrid product combines life insurance with long-term care coverage and offers buyers solutions to a number of problems that have kept people from buying traditional long-term care policies.  ...

Increased dependency due to illness, disability or cognitive impairments can make seniors susceptible to financial abuse.  Here are some steps seniors or their loved ones can take to prevent financial abuse.

With the SECURE Act making changes to rules about inherited IRAs, instead of leaving your IRA to your children, you may want to consider leaving it to a charitable remainder unitrust, which can still benefit your children. ...

If you create an irrevocable trust, you will need a separate person or institution, called a trustee, to manage the trust either now or in the future. Choose the right trustee to fill this challenging role.

Knowing the cost basis of your property is important for tax purposes, but proving cost basis can be difficult without professional guidance. Cost basis adjusts after a joint owner dies and needs to be reevaluated.

Elderlaw 101