Why wait? A variety of trusts — from SLATs to BDITs, GRATs and more — can help you be proactive in protecting your wealth. Election Day may seem far off at the moment, but as we stride into the summer, it’s prudent to reflect on the intimate relationship between presidential politics, policy changes and your…

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Many estate planners will admit that a lot of the plans don’t achieve the owners’ goals. Most of these failures were avoidable. The failures most often result from the nontechnical aspects of the plan, what some refer to as the human side, or soft side, of an estate plan. There’s not a lot of data…

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The COVID-19 pandemic has many people finally taking action to fill out advance health care directives, wills and powers of attorney. Here are some tips to help you along the way. It has arrived: the unexpected, potentially life-threatening circumstance you had in mind when you set up your estate plan, and now you’re feeling really…

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Estate planning ensures financial security for your loved ones if something should happen to you by protecting your hard-earned assets – such as your home, investments, retirement accounts and life insurance. Getty Images An estate plan is a necessary tool that allows you to protect, maintain and manage your property if you become ill or…

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A depressed market intersecting with the ongoing pandemic and current tax laws has given rise to potential tax benefits for those interested in reviewing their estate plans. The number of global coronavirus cases surpassed 900,000 on Wednesday—with more than 200,000 known infections, and a death toll that has quadrupled over the last week just in the United States. The health…

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Positive steps we can all take to protect our financial wellness during this season of uncertainty  GETTY As the global coronavirus pandemic continues to unfold, there are some non-investing matters we should consider in order to protect our families and financial well-being. Here are ten ideas to think about: Durable and Heath Care Powers of…

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KEY POINTS Women’s retirement readiness has seen limited growth over the past five years across the U.S. and other countries. While women still face challenges to becoming financially independent — including lower wages and more time out of the workforce for care-giving — there are steps they can take to improve their security. One key…

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You’ve considered how you want your estate to be distributed after you die. Hopefully, you’ve even written a will to make sure your wishes will be followed. So, your estate is planned…right? By Patrick O’Brien, Next Avenue Contributor While most of us would like to think that estate planning is that simple, there are other things to…

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There’s still time to give your savings a good boost before you retire If you’re between 55 and 64 years old, you still have time to boost your retirement savings. Whether you plan to retire early, late, or never ever, having an adequate amount of money saved can make all the difference, both financially and psychologically.…

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