Divorce on the whole has declined in recent decades, with one exception- gray divorce. Gray divorce refers to couples aged 50 and over. There are numerous reasons why gray divorce has increased, but there are some interesting trends that warrant further exploration....
The court-supervised process of distributing a deceased person’s estate or probate can be slow, costly and stressful to your loved ones. It can tie up assets for months or even years, making them inaccessible to your loved ones during a critical time. Probate...
Estate planning needs change over time. Those who turn 18 may need advance directives and powers of attorney in case of an emergency. They may not have assets or dependents to worry about when beginning the estate planning process. Those with children or other...
Money plays an integral part in marriage. Accordingly, it can lead to a divorce. Many divorce cases are caused by money-related factors, both the existence and lack of it. Here is how money can result in the dissolution of a marriage: Debt A spouse with low or no debt...
Almost two-thirds of American adults have done no estate planning. One of the reasons that statistic is so shocking is because death is inevitable. Estate planning is more than creating a will that outlines how you want your assets distributed after passing away. Done...
There are tons of reasons why people tend to overspend during the holidays – from just being generally overwhelmed to falling into a “devil may care” attitude. Those emotional triggers can be amplified when you add divorce into the mix. How do you fight the urge to go...
When two business partners decide to start a company together, one of the first steps they should take is to create a partnership agreement. A lot of people start partnerships with a handshake deal, but that can be very risky and may increase the odds of disputes in...
Each business structure has unique tax implications that can impact your bottom line. A tax-efficient structure minimizes tax liabilities, allowing business owners to reinvest more into their operations and achieve long-term financial success. If you plan to launch a...
Buying residential real estate is a complicated and sometimes confusing process. People may not realize that what they buy is essentially the title rights to the property. The buyer records the deed they signed. That deed establishes them as the new owner of record...
What would happen if you suffered from a medical condition or injury and you could no longer care for yourself? This happens to many people every year, especially after individuals have developed medical conditions such as dementia, cancer or paralysis. Would anyone...
