By Jill Roamer, J.D., CIPP/US If an individual receiving Supplemental Security Income (SSI)* receives certain types of payments, those payments must be reported to the Social Security Administration (SSA) and their benefits may be reduced, often quite significantly....

When a family member or other loved one dies, grief and shock can sometimes be overwhelming. The last thing most people want to think about is making phone calls or funeral arrangements. Some things do not need to be done immediately, but there are some steps that...

How to Pass Your Stories and Values to the Future Generations While it’s true that money is probably the most talked about topic in estate planning, the riches of experience and wisdom can sometimes mean more to family members down the line. Reinforcement of family...

In estate planning circles, the word “probate” often comes with a starkly negative connotation. Indeed, for many people — especially those with larger estates — financial planners recommend trying to keep property out of probate whenever possible. That being said, the...

As Ambrose Bierce once darkly observed, “Death is not the end. There remains the litigation over the estate.” Ideally, when someone passes away, the paperwork and material concerns associated with the estate are so flawlessly handled (thanks to excellent preparation)...

When you’re in a romantic partnership - as opposed to a marriage - you need to create the legal protections and benefits automatically afforded to those who are married. For example, married persons legally inherit from each automatically and can visit their spouses...

If you want to leave a robust financial legacy for your family, a financial plan alone is like trying to guide a boat with just one oar: It’s only part of the big picture for your overall monetary health. A well-informed financial plan is worth your time for several...

You finally crossed “getting your estate plan done” off your list, and you’ve (rightly) breathed a huge sigh of relief. By tackling this challenge, you’ve not only established protections for your loved ones and legacy, but you’ve also freed up some important “mental...

While it is an honor to be named as an executor of a will or estate, it can also be a sobering and daunting responsibility. Being a personal representative requires a high level of organization, foresight, and attention to detail to meet all responsibilities and...