We finally met with a lawyer to draw up wills. I am still feeling unsure. The lawyer was not concerned about the prenup, but ...

With the holidays around the corner, now is a prime time to consider whether gifting makes sense for you, and if so, to whom ...

Although the most common method for distribution is outright to beneficiaries directly, for some beneficiaries, an outright distribution can lead to significant problems. Particularly for ...

Welcome to Talking T&E for Advisors, where WealthManagement. Senior Wealth Planning Editor David Lenok and Jamie Hopkins, ...

Estate planning isn’t only for the wealthy. It’s a crucial part of financial wellness for everyone, two advisors said.

Weighted voting systems revolutionize how families divide personal property during estate settlements. This approach promotes fairness, reduces conflicts ...

To qualify for Medicaid, Katie's mom would need to spend down those joint accounts before she can get coverage. If her pension income is too high, she also won't qualify — unless she uses that income ...

A Health Care Power of Attorney designates someone as your “health care agent” to make medical decisions on your behalf if ...

A dementia diagnosis changes everything. In the midst of processing the emotional impact and making medical decisions, ...

With the senior population in the U.S. growing and health care costs skyrocketing  right alongside, most families look ...

The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun ...

Proactively reviewing your health coverage, RMDs, and IRAs can lower retirement taxes in 2025 and 2026. Here’s how.