There are many stories of strange conditions in wills and trusts over time. For example, the German poet Heinrich ‘Henry’ Heine died in 1856 and left his estate to his wife, Matilda, on the condition that she remarry, so that ‘there will be at least one man to regret my death’.
Study on animals genetically engineered to develop Alzheimer’s Disease and a group of subjects over 65 with memory decline showed improved vascular function.
As retirees live longer, many worry about outliving their savings. However, many older Americans haven’t planned for a looming expense: the cost of long-term care.
If caring for a loved one leaves you frustrated and angry at times, that’s normal — but you don’t have to go it alone.
So, what happens to your estate if you don’t have a will nor any children?
It’s important to understand the VA benefits available to you before you separate or retire from military service.
Guardianship is a legal action where the court deems an adult an incapacitated person and appoints someone, the guardian, to make decisions about the care and finances of the individual.
Whatever the reason, whether your life is a bed of roses or a getting-worse-nightmare, there are things you can do now to insure what you leave will go to who you want. And when. And in what portion or portions.
If you get your health insurance through the public marketplace and are nearing age 65, don’t forget about Medicare.
Estate planning is a crucial part of any holistic financial plan, and financial advisors often work with estate planning attorneys for guidance in this area.
