As a trust beneficiary, you may feel that you are at the mercy of the trustee, but depending on the type of trust, beneficiaries may have rights to ensure the trust is properly managed. A trust is a legal arrangement through which one person, called a "settlor" or "grantor," gives assets to another person (or an
Running a small business can keep you busy, but it should not keep you from creating an estate plan. Not having a plan in place can cause problems for your business and your family after you are gone. While an estate plan is important for everyone, it is especially important for small business owners. Planning
A Roth IRA does not have to be used as just a retirement plan; it can also be a way to transfer assets tax-free to the next generation. Unlike a traditional IRA, contributions to a Roth IRA are taxed, which means that the distributions are tax-free. Also, unlike a traditional IRA, you are also not
Preparing a Medicaid application to qualify a loved-one for benefits to pay for nursing home care is a difficult and often long, drawn-out process. Detailed information regarding assets, income and expenses must be gathered and documented, including transfers for less than fair market value made by applicant or spouse within the 60-month “look-back” period immediately
