If you want to leave money in a trust for a child or grandchild when they reach adulthood (or perhaps for one who already is an adult – at least legally), you have the right to place some conditions on when and for what purpose assets can be distributed to them by...
Year: 2022
Reasons people procrastinate estate planning
It’s true that a lot of people procrastinate estate planning. Take, for example, the fact that most Americans don’t have an estate plan. All Americans know that they eventually will need to make end-of-life medical decisions or pass their assets on to someone else,...
How can an estate plan help your loved ones bypass probate?
Probate court exists in part to help ensure the fair and appropriate distribution of people's property when they die. Left to their own devices, some people will lie to their family members or even steal from an estate. The probate courts help provide oversight for...
Everything you need to know about powers of attorney
There are a few things that nearly everyone needs to include: beneficiaries, asset itemization, executor of the estate and valid signatures for proof of its authenticity. One of the many things people don’t realize is included in a will is a power of attorney (POA)....
Do I need an attorney to file an SSDI claim?
For as long as you have received paychecks from employers with certain taxes withheld, you have likely made contributions to the Social Security program. Workers accumulate credits based on their annual taxable income, and even part-time employees will eventually...
How to justify gaps in your treatment history to Social Security
You’ve been struggling with one or more medical conditions for a while now that have made it difficult for you to continue working. You need to apply for Social Security Disability Insurance (SSDI) benefits. There’s just one problem: You haven’t exactly been...
The special SSDI rule for blue-collar workers that could help you
Employed adults have to pay taxes from every paycheck that they receive. They will pay income taxes to the federal government and the state, and they will also make contributions to the Social Security Administration (SSA). Most working adults will make use of those...
Can you get Social Security Disability Insurance for partial disabilities?
When you’re dealing with a new or worsening disability, it can be extremely frustrating. You may not be completely unable to work, but you may find it hard to work regularly or to predict your symptoms. If you’ve been looking into applying for Social Security...
2 essential aspects of estate planning
Typically, when a person thinks of estate planning, they think about who will get their house, car or family heirlooms after they die. While estate distribution takes up a large portion of a will, there are important matters that also need to be discussed. In...
When can a will be contested?
Many adults choose to set up an estate plan while they’re still capable of making decisions about where they want their assets to go when they die. For the most part, these plans are followed without issue, but there are times when a will needs to be challenged. A...