Estate Planning

Remarrying after divorce or the death of a spouse can feel like a new beginning in life. Spouses decide to share their lives, families and assets with one another. Those looking forward to the future when beginning a second marriage may not want to focus on the...

Some estate plans are quite simple. Older adults may have limited assets and might want to leave their property to only one or two people. Other times, people may have inherited wealth from their loved ones or achieved professional success. They may have substantially...

For some people, estate planning is a very simple process. They want most or all of their property to pass to specific members of their family. Many people leave resources for their spouses to ensure their comfort in the future. However, children are often the main...

Survivorship life insurance, or second-to-die insurance, is a policy that covers two individuals, typically a married couple. The death benefit is paid out only after both insured parties have passed away. Unlike individual life insurance policies, survivorship life...

Nevada, the "Silver State," is synonymous with glitz, glamour and sunshine. Many flock to this desert oasis to experience the thrill of Las Vegas or the serenity of Lake Tahoe. For some, Nevada becomes a home away from home, thanks to the allure of timeshare...

Talking about finances and health challenges can be very emotional. Many older adults grew up in households where such discussions were largely deemed inappropriate. They may pass those values on to their children, who may then struggle to talk about practical...

Creating an estate plan is not a legal necessity, but it is a practical obligation. Those with sizable personal resources need an estate plan in place to protect those assets and arrange for their distribution to others in the future. Those with dependent family...

In estate planning, two essential testamentary documents often come into play: living trusts and wills. These legal instruments give individuals control over their assets and the distribution of their wealth after their death. How do people choose between these two...

Those putting together an estate plan have to think carefully about the relationships that they've had with their family members and other loved ones. They typically need to very carefully evaluate their financial circumstances to see what resources they can offer and...

In many cases, estate planning occurs when someone’s children have reached the age of majority. They’re already 18 years old or older, so it’s just a process of transferring assets to the next generation. They are allowed to inherit property, so parents can opt to...