Naming a Guardian for Your Children
No one likes to think about worst-case scenarios. These are the catastrophic events that can cause great problems in one’s life. When you are a parent, one of the worst things that can happen is that you die and someone else has to raise your child. If you are like most folks,...
Life Events that Call for Estate Plan Updates
Making an estate plan is a great way to prepare for leaving your property to your loved ones. Whether you set up a trust or prepare a will, estate planning gives you and your family the peace of mind that they will be taken care of in the event of your...
What Is Probate?
Unless they’ve experienced it themselves, most people don’t know what happens after the funeral is over and mourners return to their lives. A recent article from San Francisco Bay Times, “Probate in a Nutshell,” explains how the probate process works.
Probate is the legal process of administering the estate of a deceased...
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What Elements are Overlooked in Estate Plans?
When creating an estate plan, there are details that seem minor but are actually very important, says a recent article from Mondaq, “Four Provisions People Often Forget To Include In Their Estate Plan.”
Don’t forget to name alternative beneficiaries and executors
If the will name a beneficiary but they are unable to take...
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What You Need to Know When Making Your Will
Contemplating your own mortality is not on anyone’s list of fun pastimes. However, having an estate plan is a gift to family members and is important whether you are wealthy or not, says a recent article from CNBC, “5 key things to know when you create a will and make other...
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Do I Need that Type of Insurance?
Some kinds of insurance policies don’t make sense as you get older. AARP’s recent article entitled “10 Types of Insurance You Don’t Need” lists some insurance products that may not make sense for seniors.
Life insurance after you retire. This is designed to protect your family from losing income if...
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Does Long COVID Have an Impact on Functional Neurological Disorder?
The belief that long COVID might be related to a functional neurological disorder (FND) remains untested, a systematic review showed. Across 102 long COVID studies, neurologic symptoms were insufficiently characterized to support or refute a diagnosis of FND, reported Tiago Teodoro, MD, PhD, of St. George's Hospital in London, and colleagues.
MedPage Today’s recent article...
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How Did Speech Pathologist’s Estate Benefit Students?
Nancy Whitaker made a career as a speech pathologist in various Marion County (Ohio) schools. She was born in Florida and married “Bud” Whitaker in 1976. He passed in 2003.
Enjoying history, Nancy was a member of the Daughters of the American Revolution and the Marion Historical Society, making many friends in those organizations.
She was...
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When Should I Begin Estate Planning for the Farm?
Successful Farming’s recent article entitled “Is 50 Too Early For Estate Planning?” gives us some guidelines, so you can address the what-ifs as changes occur and eventually solidify everything.
Let’s look at some key guidelines:
Define parameters. Regardless of what age you implement your plan, it needs definition. Outline the basics...
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Protecting Inheritances in a Blended Family
Blended families have estate planning challenges differing from traditional families, explains a recent article from The Record Courier, “Estate Planning for Blended Families.” A blended family is one where one or both partners have children from a prior marriage. The details vary, but the concern is the same: the possibility for...
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