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Retirees Should Adjust Planning With Four Big Changes in Mind

By staying on top of changes in tax law and other changing rules, you can secure a comfortable retirement.
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Expecting an Inheritance? Find Out If Your State has Estate Tax

While estate planning often focuses on federal taxes, you also need to be aware of state tax rules to make the most of your legacy.
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Why You Need an Estate Plan and an Estate Planning Attorney

If you lose the ability to manage your affairs, someone still needs to pay bills and make medical choices. Without the right documents, a court may end up deciding who takes control.
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Avoiding Probate Is Key to Protecting Your Legacy

A few smart title choices and beneficiary forms can move assets to loved ones quickly, privately and with less cost.
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Wills, Trusts, Or Beneficiaries — Which Controls Your Legacy?

When documents and account forms do not agree, the institution pays the beneficiary on file, not the person named in your will.
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Letting the Children Figure It Out Is Not an Estate Plan

A retired farmer has one child working on the farm, while a second child lives far away. The man thinks he doesn’t need a will because his situation is straightforward, and the children will work things out since they’re smart and respectful. This approach is asking for trouble on many different levels. The article, “If you’re relying on your kids to ‘just figure it out’ after you’re gone, here’s your wake-up call,” appearing in Tri State Alert, explains just how many problems this mindset can create. Even before addressing the distribution of assets, the family may face a long-term care…
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Why Use a Pour-Over Will in Your Estate Plan

A pour-over will catches assets that miss your trust, keeping your plan intact and your heirs out of court where possible.
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Don’t Overlook Beneficiary Designations in Estate Planning

The names on your accounts can override your will, so accurate designations keep assets moving to the right people without delay.
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Who Inherits the Home if There are No Heirs?

Before we pass on, it’s important to make plans to decide where our home will go—otherwise, those plans will be made for us.
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Estate Planning for Single Parents and the Unmarried

Single parents and unmarried individuals face unique estate planning challenge.t However, the right preparation can protect children, partners and assets.
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