Close to half of respondents earning $80,000 a year or more have a will, an increase of 7% since 2020, according to Caring.com.
Incapacity can occur because of illness or an accident. It can be temporary or permanent. That’s why every adult needs a power of attorney in place, once they turn eighteen.
Questions around death planning can feel overwhelming: Cremation or burial or natural organic reduction? What will your family want, and what will it cost? Do you really need to think about all this if you’re young and healthy right now—or can you put off these decisions until you’re older or dealing with a life-threatening illness?
“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.
The first step in getting your affairs in order is to gather up all your important personal, financial and legal information, so you can arrange it in a format that will benefit you now and your loved ones later.
Long-term care insurance covers expensive nursing care needs. However, is it a good investment? Here’s what experts say about what you should take into account.
You may have heard the term “community property.” However, do you know exactly what it means or how it could affect you?
You may want to consider some financial issues before walking down the aisle again.
It’s an important task that is easy to procrastinate. However, here is why you shouldn’t:
If you die without a will, you die “intestate” and your assets will be distributed according to your state’s law. That could result in a distribution you didn’t intend.