Most people immediately think of taking legal steps to ensure the right people inherit their stuff when they die. Although that thought is not wrong, it also highlights the importance of planning for life. Planning that’s focused solely on who gets what when you die is ignoring that death isn’t the only thing you must prepare for. Consider that at some point before your eventual death, you could be incapacitated, which can drag out over many years, leaving you and your family in agonizing limbo.
As you already know, but may not have given much thought about, the most important inheritance you provide is so much more than the money you'll leave behind, but also includes your wishes, insights, stories, and experience. That's why, this year, we invite you to ask your loved ones the 32 important questions that can reveal a wealth of valuable life lessons - family treasures to discuss and share with generations to come.
NFTs, or "non-fungible tokens," are the latest sensation in the cryptocurrency universe or the "Cryptoverse." And if you haven't heard about NFTs yet, now is a great time to learn because they're likely to be a big part of our collective future. You might be wondering why anyone would spend such vast sums on digital images that you can download from the Internet for free. Here we'll explain what you need to know about NFTs and how to ensure your estate plan covers them if you own one.
With the booming aging population, more and more seniors will require long-term healthcare services, whether at home, in an assisted living facility, or in a nursing home. However, such long-term care can be expensive, especially when needed for extended periods, and that's why long-term care insurance was created to address this gap in healthcare coverage. We'll answer some of the most FAQs about these policies to help you determine whether you could include this as part of your estate plan.
You've most likely heard people mention a couple of different types of wills when it comes to estate planning, and the most common is a "last will and testament," or known as a "will." But you may have also heard people talk about what's called a "living will." Both terms describe important legal documents, but their purpose and how they work are very different. We'll discuss some of the most critical things you should know about living wills and why it's essential in every adult's estate plan.