What Is a Family Limited Partnership and Should I Form One?
A family limited partnership (FLP) is a business structure that allows family members to pool assets for business and investing purposes.
Avoiding 4 Main Obstacles to Digital-Era Estate Planning
Understanding which digital accounts you can legally leave to your loved ones is crucial. However, legally gaining access to digital assets can present challenges for anyone other than the original owner.
Estate Planning for a Vacation Home
If you are fortunate enough to own a vacation home, you need to figure out what will happen to it after you are gone.
Love Your Pet Day: Estate Planning and Your Companion Animal
Did you know that February 20 marks National Love Your Pet Day each year? You might consider it the perfect occasion to ensure they will have the care they need into the future.
What to Know About Medicare Annual Wellness Visits
Medicare is a complex program with many benefits. Knowing about the options available to beneficiaries will help you understand and navigate the system. Let's look at Medicare's annual wellness visits.
Deducting Long-Term Care Insurance Premiums in 2025
Research shows that nearly 70% of seniors will require long-term care at some point in their later years. Although it does add another expense to one's life, long-term care insurance can be helpful.
Medicaid Applicants: Protecting Your Healthy Spouse in 2025
Each year, the feds issue updated guidelines outlining how much of a couple's assets a healthy spouse can keep while their Medicaid spouse gets the long-term care support they need.
Unpaid Family Caregiving Is Worth a Six-Figure Salary
As the population ages, the number of people affected by Alzheimer's disease and other forms of dementia continues to rise. For family caregivers, this role comes at a substantial cost.
Deposit Up to $19,000 in Your ABLE Account in 2025
The annual contribution limit for an ABLE account each year typically goes up in line with the annual gift tax exemption.
Estate Planning for Parents of Children With Mental Illness
Planning for the future of a child with mental illness involves careful consideration of their unique needs and circumstances.