What Could the SECURE Act Mean For You?

Mon 30 Sep, by on Estate Planning

What Could the SECURE Act Mean For You?

If you have kept up with current events, you know that there is real potential for change to your retirement accounts. The Senate is working to pass new legislation that would help seniors prepare for their golden years more efficiently. Better known as the SECURE Act, Setting Every Community Up for Retirement Enhancement seeks to make Individual Retirement Accounts (IRAs) more appealing for Americans of all backgrounds. Though the legislation has not yet cleared the …

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HIPAA: An Overview for Young Adults

Thu 26 Sep, by on Estate Planning, Probate

HIPAA: An Overview for Young Adults

The Federal Health Insurance Portability and Accountability Act of 1996 (HIPAA) was enacted to provide guidelines to the healthcare industry for protecting patient information and privacy. For minors, this is a non-issue because parents, as legal guardians, have access to their children’s medical information and are the ones making most of the medical decisions, as well as paying the expenses. However, once the individual turns 18 years old, he or she is no longer a …

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Estate Planning for Your Automobile

Thu 19 Sep, by on Estate Planning, Probate

Estate Planning for Your Automobile

Have you considered what will happen to your car when you pass away? In 2019, it is projected that there will be 281.3 million registered vehicles in the United States. Your car is a valuable asset—as well as a potential source of liability—that you should consider in your estate plan. Cars can be owned or leased. The way they are handled after you die depends on these and other circumstances. There are some steps you …

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Is Your Estate Plan Unfinished?

Tue 30 Jul, by on Estate Planning

Is Your Estate Plan Unfinished?

For most people, thinking about one’s own mortality is unpleasant and low on the list of priorities. While you may objectively recognize the need to plan for your future – and the future of your loved ones after you’re gone – it can be hard to summon the motivation to actually create a will or trust. If you’ve made an effort to begin the process but haven’t finalized the details, consider this article the sign …

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What to do with the Family Heirlooms and Keepsakes

Tue 30 Jul, by on Estate Planning

What to do with the Family Heirlooms and Keepsakes

When most people think of estate planning, they think of assets that include money, real estate, and personal property. But, included in someone’s estate could be invaluable personal property, such as family heirlooms or keepsakes. This type of property should not be overlooked in your estate plan just because it may not have a high dollar value because it still has sentimental value that cannot be quantified. Part of a thorough estate plan is determining …

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