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Most young adults don't consider estate planning a priority. Young adults in their twenties and thirties often think they don't own enough to constitute an estate. However, an estate is the total of all you own – money, investments, real estate, vehicles, business interests, digital assets (inclu...

The US Food and Drug Administration (FDA) recently approved a new drug under the trademark Aduhelm™ to treat Alzheimer's disease. The drug, Aducanumab, is a therapeutic drug that clinically demonstrates a potential to delay further decline from Alzheimer's disease and is also the first FDA approv...

According to Florida Today, 46 million Americans own the well-known crypto asset, Bitcoin and the number of people owning cryptocurrency is growing steadily. Bitcoin was created in January 2009 by Satoshi Nakamoto as a peer-to-peer electronic cash system. This digital or virtual currency is held ...

Imagine that mother and dad have run the family farm for a long time. Now, though, they’re getting on in years and they’re considering moving into a smaller place. It’s now time to think about how the farm legacy should be worked out.

By 2050 more than 15 percent, or 12.7 million Americans age 65 or more, will be diagnosed with dementia.

When a loved one dies with a will, their will lays out who will oversee settling the estate (the executer) and who shall receive their property.

Because of advancements in today’s medicine and health care, people with various kinds of special needs or disabilities can live more productive lives than ever before.

Since the federal estate tax exemption allowance appears to be in jeopardy of being lowered, it may be time to reconsider how you plan to pass generational wealth to your heirs.

You will need to ensure that your preferences on life-sustaining medical treatment is laid out properly through the use of a living will.

The sad truth is Americans, aged 50 or more, are experiencing gray divorce more than ever. The term gray divorce generally refers to the baby boomer generation and affects all classes and education levels.

Trusts can avoid an expensive, public, and lengthy probate process before your beneficiaries can inherit after you pass. Or, you might be in the classic “trust fund” situation, where you’re concerned that your children won’t be able to manage money wisely.

In estate planning, a letter of instruction is vital. It is an informal document that will give your loved one’s important information about personal and financial matters after your death.

If you haven’t prepared and organized your financial information for when you are no longer capable, then it may burden your loved ones in the future. If you are prepared, then it will ensure proper management of your financial situation and afford control over your end of life and legacy.

Probate is the legal process for authenticating a deceased person's will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors. After an asset-holder dies, the court will appoint a valid will's executor to administer the probate process. In the absence of a will, the court will appoint a state administrator to handle probate. Probate law varies by state, but there are steps in the process that are common.

If your estate plan is all set, it should take care of your home, savings, and investments, making sure that your family will get those valuable estate items fairly and efficiently. Your plan will also protect your legacy from your children’s potential divorces or bankruptcies. What could go wrong?