Do You Need a Testamentary Trust?
Utilization of a testamentary trust for the surviving spouse is an excellent idea, whether the survivor is the husband or wife.
Ethan Huizenga
May 28, 2020
8 Reasons to Create a Trust
Has it been awhile since you reviewed your estate planning strategy? If so, it may require some updating, based on recent changes to laws impacting your tax and retirement planning.
Ethan Huizenga
May 28, 2020
Keep the Family Vacation Home in the Family
Is it time you made a decision on the future of the wonderful getaway that everybody loves but only you maintain?
Ethan Huizenga
May 26, 2020
When Does the Fiduciary Duty Begin?
Under Illinois law, an individual holding a power of attorney is a fiduciary as a matter of law. The person designated as a power of attorney agent owes a fiduciary duty to the principal—the person making the designation.
Ethan Huizenga
May 25, 2020
7 Signs of Early-Onset Alzheimer’s
There are still certain people who do get early-onset Alzheimer’s disease. In the U.S., about 200,000 people have it. How can you tell if your loved one is among them? There can be surprising symptoms that warn of its development — and they don’t all involve memory problems.
Ethan Huizenga
May 24, 2020
Stop COVID-19 from Eating Up My Retirement
For most people, achieving a comfortable retirement is a tricky business. The past few weeks have added to the challenges as the world has changed as much as in any period since WWII. The world is now fighting the coronavirus pandemic.
Ethan Huizenga
May 22, 2020
Is Long-Term Care Insurance a Good Idea?
The value of long-term care insurance (LTCI) is an ongoing conundrum. There’s no doubt we’re living longer. According to LongTermCare.gov, a site provided by the U.S. Department of Health and Human Services, at least 70 percent of people 65 and older will need long-term care services and support at some time in their lives.
Ethan Huizenga
May 21, 2020
Will Mom in the Nursing Home Get a Stimulus Check?
As part of the CARES Act, the majority of Americans, including those who are elderly and on fixed income, will receive a one-time stimulus check from the Internal Revenue Service (IRS).
Ethan Huizenga
May 20, 2020
Does Your Estate Plan Need a Will or a Trust?
One of the most fundamental choices you can make as you’re thinking about how to pass your assets on to heirs, is whether you hold assets in a revocable trust or more simply give them via a will. Both approaches have advantages, although trusts can provide significantly more benefits.
Ethan Huizenga
May 19, 2020
Protecting Digital Assets In Estate Plans
The proliferation of digital footprints in our online communities raise demand for consumer tools and options for dealing with digital assets upon incapacity and death.
Ethan Huizenga
May 18, 2020