
The Most Common Estate Planning Mistakes
Some problems can be avoided by proper planning, others by good practices during the estate administration process.

Some problems can be avoided by proper planning, others by good practices during the estate administration process.

More Americans are now getting married over the age of 65 than ever before. Even though this may be a second or third marriage for many, caregivers should nevertheless be aware of certain aspects that shouldn’t be ignored amidst all the wedding plans and celebrations.

Elder abuse is one of the most common, yet underreported types of abuse in the United States. Like any other form of abuse, there is often a financial component to keep elders trapped in the relationship.

Most people don’t know the first thing about the Secure Act and yet it has great impact on their retirement planning.

Recent studies have investigated preventative measures for dementia.

Sleeping too little or too much is associated with poorer cognitive performance and mental health.

A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries. It can also significantly reduce the headaches of probate. However, while some assets belong in a trust, others cannot (or should not) go into one.

Homes are illiquid assets that produce no income and come with ongoing costs for upkeep. Those issues can cause some snags with your trust.

“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.

Roth individual retirement accounts allow you to pay income tax on your retirement savings upfront, so you won’t be stuck with a tax bill in retirement when you can least afford to pay it.