Does ‘Gray Divorce’ Fit into Estate Planning?
““Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.”
What Should I Know about Conservatorships?
“Seeking a guardianship for a loved one is a decision that shouldn’t be taken lightly. Here’s how the process works.”
What Should You Know about Guardianships and Conservatorships?
“Guardianships and conservatorships, particularly their more negative aspects, have made headlines in recent months amid the battle by entertainer Britney Spears to remove her father as overseer of her financial affairs. However, these legal arrangements may be necessary in certain instances, and those who potentially need to set one up should become acquainted with the good they do and the risks they hold.”
Should Britney Spears Sign a Prenup?
“Britney Spears, the 39-year-old singer who’s in the midst of a conservatorship battle, announced that she was getting married on social media. She received plenty of congratulations, but also got some advice on prenuptial agreements—some which came from Academy Award-winning actress Octavia Spencer.
How to Plan for a ‘Fragile’ Beneficiary
“Today, estate planning can encompass more than addressing your potential tax exposure. It frequently requires protection of a “fragile beneficiary,” which can include family members with disabilities, individuals struggling with addiction, spendthrifts, and even minors. There are planning options available to do so.”
What are Options for Powers of Attorney?
“Powers of attorney come in different forms, each suited for a specific purpose. They serve as useful tools in any estate-planning effort.”
What Happens If I Don’t Fund My Trust?
“If you have updated your estate plan during the COVID-19 crisis and even found a way to sign your documents while maintaining social distance, do not overlook the last step of trust funding.”
How Do I Include Care for My Children in Estate Planning?
“Parents should make sure they have arrangements in place for the care of their minor-aged children, when planning their estates.”
What Should My Estate Plan Include?
“Though most people who contract COVID-19 experience mild symptoms, it doesn’t hurt to be prepared if you do need to be hospitalized. It can feel scary thinking about getting sick or not being able to make decisions for yourself, but an estate plan is meant to ease your fears. After all, wouldn’t you feel better knowing that the burden of making health and financial decisions will never fall on unprepared family members?”
How Does a Conservatorship Work?
“Eight years ago, America’s baby boomers, people born between 1946 and 1964, began to retire. At nearly 75 million, they represent one of America’s largest elder care challenges.”
