One of the many factors to consider when setting up a trust is whether to make it a grantor trust or a non-grantor trust. While a grantor trust is more common, a non-grantor trust can be useful in certain circumstances.
Congress has enacted a special provision for 2020 that allows more people to deduct up to $300 in donations to qualifying charities this year.
As Medicare premiums rise, a Medicare Advantage Plan can seem like an attractive option.
The rules around required minimum distributions from retirement accounts are confusing, and it can be easy to slip up.
The COVID-19 pandemic is having a profound effect on the current U.S. economy, and it may have a detrimental effect on Social Security’s long-term financial situation.
Talking to loved ones about estate planning and their eventual passing can be a difficult topic, but it is essential that every family has the conversation.
Medicare's hospice benefit is one of its most comprehensive benefits, and it can be extremely helpful to both the terminally ill individual and his or her family. However, it is not understood by most people and is very underutilized.
Paying for day care is one of the biggest expenses faced by working adults with young children, a dependent parent, or a child with a disability.
Movies, television and books tend to showcase wills in fairly dramatic ways - handwritten notes, videos, deathbed utterances - but what makes a will valid?
A combination of advances in medical science, longer life spans, people marrying later, second marriages, and other factors mean that [...]