For many people thinking about their golden years, avoiding a nursing home entirely is their top priority. They may go to great lengths to remain independent and in their own homes. However, all it takes is a single fall or a diagnosis with a genetic condition to...
When you first bought your life insurance policy, you just hoped that it would support your spouse and your new child if anything happened to you. It gave you a sense of security. As time has gone by, you’ve had more children and even grandchildren. You still have...
Estate planning is often perceived as a morbid topic, but in truth, it can actually bring happiness and security to you and your loved ones. There’s so much that can be done with a comprehensive estate plan. One of the key components of any estate plan is the will,...
Your estate plan may include documents that you created decades ago when you first got married or had children. If your wishes have remained roughly the same all that time, you may have seen no reason to change or update your estate plan. However, not only has your...
Specific topics in life, like death, aren’t easy to talk about. While death and estate planning aren’t easy to discuss, you still might want to let your loved ones know of your intentions prior to your passing. Suppose you made recent changes to your will with good...
When you set up a power of attorney, one of the first things you do is determine if it’s going to be a medical power of attorney or a financial power of attorney. This simply dictates what type of decisions the person who is named will be able to make for you. When...
Estate planning may involve someone drafting a will, creating a trust or creating documents that take effect while they are still alive. Not that long ago, people planning estates in Washington would create living wills. However, the state has transitioned now to...
Life is constantly changing and your estate plan should be updated to reflect those changes. Estate plans should be regularly reviewed every three to five years because the plans that you created five years ago may not truly reflect your current circumstances. Also,...
To the young, estate planning seems like a negative experience revolving only around death. Although it allows you to address end-of-life matters, estate planning can add confidence and security during your life as well. During past eras, young adults rarely...
Many grandparents believe the best legacy they can leave their grandchildren is a good education. With the costs of college increasing every year (and doubling every nine years), funding a grandchild’s education can be one of the best inheritances you can give them....
