Inheriting real property from your parents is either a blessing or a burden -- or a little bit of both. Figuring out what to do with the property...
Estate Planning
Special Ownership for Married Couples: Tenancy by the Entirety
Married couples have a special way to jointly own property in Indiana and many other states that has advantages over regular joint ownership. If you...
Prevent Your Power of Attorney from Being Ignored
A durable power of attorney is one of the most important estate planning documents there is. It allows someone you appoint -- your agent or...
5 Questions to Ask Before Making Gifts for Medicaid or Tax Planning
Many seniors consider transferring assets for estate and long-term care planning purposes, or just to help out children and grandchildren. Gifts and...
Three Reasons Why Giving Your House to Your Children Isn’t the Best Way to Protect It From Medicaid
You may be afraid of losing your home if you have to enter an assisted living facility or a nursing home and apply for Medicaid. While this fear is...
A Final Retirement Account Distribution Must Still Be Made After Death
Federal law requires that beginning on April 1 of the year after you reach age 70 1/2, you must begin withdrawing a minimum amount from your...
Tips on Creating an Estate Plan that Benefits a Child with Special Needs
Parents want their children to be taken care of after they die. But children with disabilities have increased financial and care needs, so ensuring...
Maximizing Social Security Survivor’s Benefits
Social Security survivor’s benefits provide a safety net to widows and widowers. But to get the most out of the benefit, you need to know the right...
Using a Donor-Advised Fund May Be a Way to Get a Charitable Tax Break Under the New Tax Law
Donor-advised funds are a growing trend in giving that may get more popular due to the new tax law. These funds allow you to donate money, receive a...
How to Deal With Student Loan Debt as You Age
The number of older Americans with student loan debt – either theirs or someone else’s -- is growing. Sadly, learning how to deal with this debt is...