If you have a pet, you undoubtedly take steps to be sure he or she is cared for if you go on vacation. And you even may have written into your will or trust who should be responsible for your pet after your death. But too few older owners plan for the … Continue reading
Estate planning is a critical part of financial planning, but something many Americans procrastinate about. Yet drafting a will and a health care proxy or power of attorney, maybe creating a trust, and maximizing your loved ones’ inheritances by minimi… Continue reading
For couples over 50, living together has a lot of appeal and is on the rise. In fact, the number of unmarried couples who are 50+ shot up 75% between 2007 and 2016, according to the U.S. Census Bureau. One likely reason: many have experienced at least … Continue reading
Cameron Huddleston, author of the smart new book Mom and Dad, We Need to Talk: How to Have Essential Conversations With Your Parents About Their Finances, remembers the birds-and-the-bees talk she had as a child with her mother. Huddleston says she’d g… Continue reading
As a professional trustee and executor, I have seen hundreds of estate-planning documents, including some from do-it-yourself online services. I appreciate that using a DIY site to draft a will can save money and time. But I’m also concerned that somet… Continue reading
Does the thought of being power of attorney (POA) for a parent or another loved one fill you with dread? Maybe Mom thinks you’d be the best choice to make business, financial or medical decisions for her if she becomes unable to do so on her own becaus… Continue reading