What Is a Will Codicil?
Writing a will is an important part of creating a financial and estate plan. A will allows you to specify how you want your assets to be distributed among your heirs after you pass away. You can also use a will to name a legal guardian for your minor children. However, what happens if you need to change the terms of your will? That’s where a codicil can help.
Save Your Family Stress and Plan Your Funeral
The death care industry — yep, it’s got its own industry moniker — is an estimated $20 billion business. Service Corporation International, a publicly traded company that operates 1,475 funeral homes and 483 cemeteries in 44 states, pulled in more than $3.2 billion in revenue in the past 12 months.
How Is the Inheritance Tax on My Estate Paid?
Most of my money is in investments, and most of my beneficiaries will face the inheritance tax when I die.
What are the Different Kinds of Powers of Attorney?
As you age, it is important to have your affairs in order to ensure peace of mind for you and your family. Several documents need to be in place to help your family know and carry out your wishes.
Does Sense of Smell Impact the Onset of Dementia?
Seniors who can identify smells like roses, turpentine, paint-thinner and lemons, and have retained their senses of hearing, vision and touch, may have half the risk of developing dementia as their peers with marked sensory decline.
What Should I Know about the Secure Act of 2019 and IRAs?
The Secure Act of 2019 eliminated many of the advantages the so-called stretch IRA offered heirs.
What Happens If I Don’t Have an Estate Plan?
Estate planning attorneys will agree that it is better to die with a properly drafted will, than to die without one. If you don’t have one, consider getting one.
What I Need to Know about Caring for a Loved One with Dementia
There are few challenges more emotional and difficult than caring for an aging loved one who has dementia. In addition to the normal challenges of aging, elders who suffer from dementia can experience dramatic temperament changes and require more attentive care. As the condition progresses, wandering becomes a risk and around-the-clock care may be needed.
Creating an End-of-Life Checklist
An End-of-Life Checklist can avoid any confusion or questions that may arise among different family members.
What Do We Know about Early-Onset Dementia?
Some health care facilities in our area say they are seeing more cases of early-onset dementia than ever before.