Is a Grantor Retained Annuity Trust Right For You?
Grantor Retained Annuity Trusts (GRATs) are a mechanism by which wealthier individuals and couples can transfer appreciating assets to their heirs and minimize gift or estate taxes.
What You Should Consider Before Scattering a Loved One’s Ashes
Saying goodbye to a loved one is heartbreaking. Making final arrangements can be overwhelming, and knowing what you are allowed to do to fulfill your loved one's wishes is important — but it can also be confusing.
How Changes to Portability of the Estate Tax Exemption May Impact You
The Internal Revenue Service has issued new guidance extending the time that executors have to elect portability.
Keeping Your Emergency Contacts and Medical Information Updated for First Responders
If medical personnel are able to access your medical history during an emergency, it could mean the difference between life and death.
It Pays to Be a Smart Shopper When Buying a Medigap Insurance Policy
Medigap premiums for plans from insurance companies offering the same benefits vary widely, so it pays to be a smart shopper.
The Ins and Outs of Estate Sales
Following the death of a family member, you may find yourself needing to sort through many possessions accumulated over the deceased’s lifetime. An estate sale is one way to distribute, quickly and efficiently, those items that you do not want or need.
The Powers and Responsibilities of Representative Payees
Do you have a friend or loved one who receives Social Security and is unable to manage her payments? If so, you can request that the Social Security Administration name you as the representative payee for that person.
How to Get Into a Nursing Home as a Medicaid Recipient
While Medicaid helps pay for nursing home care, being admitted to a nursing home as a Medicaid recipient is not always easy. There are several ways to navigate the process, depending on your situation.
Supreme Court Rules State Medicaid Programs Can Recoup a Larger Share of Injury Settlements
In a case involving a teen who was catastrophically injured, the U.S. Supreme Court has ruled that state Medicaid programs may be repaid from settlement funds for future medical expenses.
Three Estate Planning Options for Your Art Collection
Collecting art or other valuable items can be a passion for many people. Once you have accumulated a sizable collection, what do you want to happen to it after you pass away?