4 Reasons To Plan Your Own Funeral
(BPT) – At some point, most of us will need to make final arrangements for someone we will miss. Coupled with overpowering grief, making even… Read More »4 Reasons To Plan Your Own Funeral
estate planning
6 Common Mistakes People Make When Writing a Will
While planning for the end of life may not be fun, doing so offers peace of mind because it takes the uncertainty out of what will happen to your estate when you die.
Getting Your Affairs in Order
No one ever plans to be sick or disabled. Yet, it’s this kind of planning that can make all the difference in an emergency. On… Read More »Getting Your Affairs in Order
Planning for Nursing Home and Long-Term Care
People go to nursing homes for different reasons — for example, if they’re sick, hurt, had surgery and need to get better, or have chronic… Read More »Planning for Nursing Home and Long-Term Care
What is charitable giving – and is it right for you?
Charitable donations have the dual purpose of saving taxes and supporting valued causes. For individuals with substantial estates, this could mean hundreds of thousands of dollars in tax savings. Charitable trusts are an ideal way to accomplish this goal. The rationale for the different treatment of charitable trusts is that society wants to encourage charitable giving.
Typically, the same rules that apply to formation and governance of a private trust apply to charitable trusts. The primary differences include that charitable trusts must benefit a charitable purpose, that a charitable trust is exempt from the rule against perpetuities and is therefore easily modified, and that the state attorney, rather than ascertainable beneficiaries, is the primary party with standing to enforce a charitable trust.
Suitable charitable purposes include objectives like the relief of poverty (giving of property to help the poor), the advancement of Read More »What is charitable giving – and is it right for you?
Retirement planning: How ‘life’ gets in the way and how to overcome the obstacles
Retirement planning and estate planning go hand in hand. A solid retirement plan plan lays the foundation for a sound estate plan. But if you’re… Read More »Retirement planning: How ‘life’ gets in the way and how to overcome the obstacles