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October 2018 Archives

3 questions about taxes and probate

When people typically think about the time after a loved one's passing, they know it can be difficult emotionally. That should be your first focus. However, there are also many complex financial realities that have to be addressed at some point, including the paying of taxes. It is important to know how this process works. Here are three common questions that people have:

Veterans administration aid & attendance rules change 10/18/18

The Department of Veterans Affairs (VA) has finalized new rules that establish an asset limit, a look-back period, and asset transfer penalties for claimants applying for VA needs-based benefits. This is a change from current regulations, which do not contain a prohibition on transferring assets prior to applying for benefits such as Aid and Attendance.

The importance of updating your estate planning materials

Effectively planning for the future can’t be complete in just one simple step, as appealing as that may sound. Taking the time to prepare an initial estate plan is an important step in planning for the long term, but it is not the end of the line. It is important to continue revisiting and revising an estate plan throughout your lifetime.

Benefits of volunteering

Volunteering your time and energy helps strengthen your community, plus help the lives of others. Plus, more and more studies are finding definitive links between volunteerism and important emotional and physical benefits.

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