Title to your home should be transferred into your living trust in order to “avoid probate”. Everyone’s heard this mantra, but let’s take a look at how title should be transferred and why.
Say you don’t have a trust. Instead, all you have is a Will, and it states that when you die, all of your ...
Estate Planning ArticlesLiving Trusts – How to Transfer Title of Your HomePlanning For Your Future Care
With more Americans living longer lives, there’s new interest in purchasing long-term care insurance to cover costs generally associated with aging.
Currently, 8.2 million Americans have purchased long-term care insurance that pays for home care, for assisted living or for care in a nursing home.
Such long-term health care costs are not usually covered by medical insurance, ...
The Benefits Of Advanced Funeral Planning
A growing number of people are finding both emotional and financial security in something that is also an important part of estate planning. They are preplanning their funeral.
Many are also finding that taking advantage of what preplanning has to offer may be easier if they do their homework about what they may want and the ...
Figuring Out Your Finances
When it comes to major lifestyle changes, planning ahead can ease financial stress. And no event requires more early preparation than retirement.
According to experts, retirees should give plenty of thought to matters such as health coverage and seek a combination of income and asset protection to ensure their savings will last throughout retirement.
John Haver, senior ...
Understanding Financial Powers of Attorney – Are They a “License to Steal”?
A financial power of attorney is a valuable legal document that ensures that your financial matters will continue to be handled – should you become incapacitated and unable to do so yourself. However, placed into the wrong hands, these documents can become a license to steal.
In your power of attorney, you’re called the “principal” and ...
The Advantages Of Living Wills And Living Trusts
Planning for the future basically involves a number of benefits. For one, it prepares you and your family for the inevitable. Aside from that, it allows you to formulate your decisions level-headedly.
Then again, it is not unlikely for the task to become too emotionally charged at times, which makes it all the more fitting to ...
Professional Retirement Help: Where Can You Turn
Are you in the process of planning for your retirement? If you are around the age of forty or fifty, you may be concerned with the planning process. Are you on track to retire comfortable? Do you need to save more money? How can you save that money? If these are questions that you have ...
All About New Jersey Living Wills
The policies on New Jersey living wills may bear some resemblance with that of other states in the United States. But for purposes of specificity and just to make sure that things are carried out according to state procedure, it would be best to familiarize yourself with New Jersey laws on the subject of advance ...
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