Choosing to use a trust as part of your estate planning is a smart idea since it can help reduce the hassles that can occur in probate. It also provides some asset protection and lets you clearly define what you want to happen with your assets after your death. In...
Month: March 2021
Power of attorney: what is it?
Regardless of your age, estate planning is an important and necessary part of life. Beginning the process early may help ensure your loved ones are always taken care of. Doing it wisely may even lead to reduced estate taxes, avoidance of probate and overall less...
How do you talk to your parents about their long-term care plan?
You want to help your aging parents support themselves and remain independent while they ready for retirement in Indiana. Have you talked to them about their plans for long-term care? See what Money Crashers says about talking to your parents about advance care plans....
What is financial elder abuse?
Most people find it unconscionable to take advantage of vulnerable people. Unfortunately, many scam artists direct their efforts towards vulnerable people specifically, including the elderly. Financially abusing seniors leaves them without safety nets or the ability...