Revocable vs. Irrevocable Trust

Revocable vs. Irrevocable Trust

When deciding how to distribute assets to your heirs, consider setting up a trust as a part of your estate plan. There are two main types of trusts, revocable and irrevocable. It’s important to know how these trusts work so you can determine which arrangement works...
What You Need to Know about a Living Trust

What You Need to Know about a Living Trust

A common tool in estate planning is a living trust. Here is everything you need to know about how a living trust works and when it makes sense to add one to your estate plan.  What Is the Primary Purpose of a Living Trust? A living trust is a legal document with...
9 Common Estate Planning Mistakes

9 Common Estate Planning Mistakes

The process of setting up an estate plan takes time, energy, and money. But in the long run, taking the time and making the effort to get it right will be worth the effort. To help make sure you haven’t missed anything important in your planning process, we consulted...
6 Ways to Avoid Probate Court

6 Ways to Avoid Probate Court

Probate court is often slow and costly, and will always cause unnecessary hardship to grieving loved ones. However, with proactive estate planning, you can avoid it. Here are six tips to help your loved ones avoid the cost and hassle of probate court when the time...
Combatting Loneliness in Retirement

Combatting Loneliness in Retirement

It’s impossible to overestimate the negative impact loneliness has on health. The National Academies of Sciences, Engineering, and Medicine report that “scoring high on measures of social isolation is associated with a significantly increased risk for early death from...
Can You Afford to Age in Place?

Can You Afford to Age in Place?

Many retirees like the idea of staying in their homes as long as possible. Staying in a familiar place where you can stick to your routines can be comforting. However, the reality of staying in your home might not quite match up to the fantasy. As time passes,...