Key Points: The way your relative owned the property (joint or sole owner) determines which process you will need to go through. You must create and record a new deed to make the transfer official. There are unavoidable costs tied to the process, and the fees will...
Key Points: Having an open conversation with your loved one regarding your concerns for their well-being can be challenging. Seeking support from family members while navigating this journey can provide peace of mind. There are resources available to help your loved...
If we have learned anything from the last few years, it is that economic uncertainty is well…always certain. We’ve experienced stock market fluctuations, rising costs of goods, political changes, tax changes, and shifts in Medicaid and retirement planning....
You may be among the many people asking the common question, “Should I have a will or a trust…and what is a trust?” Understanding the terms that come with estate planning is the first step in figuring out the best option for your unique situation....
As we get older, we might find it harder to tackle everyday tasks, and that’s where long-term care comes in to provide support and manage quality of life. It’s not just about physical health; it’s also about feeling good emotionally and staying as...
As the 2024 presidential election approaches, significant changes in tax policies and estate planning regulations are on the horizon. In 2017, the Tax Cuts and Jobs Act (TCJA) law passed, which doubled the estate tax exemption—the amount that a person or couple can...
