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pre-plan their funeral so that they can relieve their loved ones of the burden of doing so when they Because of the growing demand for funeral pre-planning, local funeral homes are also responding by offering Pre-planning your funeral here in Texas can be a wise idea, but you might want to think twice before With that said, if you are considering a pre-paid plan, you should find out the following: If your funeral If you would like help to independently pre-plan and pre-pay your final affairs, including your funeral

a funeral is roughly $8,500, according to the National Funeral Directors Association. There are better ways to set aside cash for a funeral, such as reducing funeral costs. of funeral expenses. Reputable funeral directors will either work within the budget or recommend a funeral home that can. comparable funeral with burial.

Fewer than half of adult Americans have estate planning documents. and A Wealth Transfer Plan.” and a wealth transfer plan. In addition, there can be problems with financial and tax planning and poor investing. Plan” #AssetProtection #EstatePlanningLawyer #WealthTransferPlan #Inheritance #Wills #Trusts

If you plan to retire in the next 20 years, you need to start looking at your options and plan to make created retirement plan usually includes a review of your estate plan and portfolio investments, tax Estate Planning. Tax Planning. Have a plan to pay off debts before retirement. Financial Review.

There are often misconceptions about estate planning that you should know when preparing your documents Estate planning serves to provide your family and loved ones with protection upon your passing, regardless How Does Dementia Affect Estate Planning? Dementia may affect estate planning, as the person suffering from this illness loses the ability to think Speak With an Attorney About Options for Estate Planning There are many myths about estate planning out

Too often, though, banks inadvertently throw the most carefully laid estate plans out of alignment. That’s because transfer-on-death accounts pass outside of traditional estate planning. If assets pass through transfer-on-death accounts, there may be no remaining assets to help cover funeral can help you with your family’s estate plans and probate needs. Whether you are looking to craft estate plans for the first time, need help updating existing plans,

Long-term care insurance and pre-planning tools and annuities can help to set you up for later in life However, by planning you can make decisions to protect your eligibility. While it’s best to pre-plan 5 years prior to when you believe that you will need nursing home Medicaid , it is never too late to plan. Some examples include pre-paid funeral plans, purchasing a new car, making repairs and upgrades to the

Medicaid planning is a crucial part of your estate planning strategy, and Your Legacy Legal Care is What is Medicaid Planning? Medicaid planning refers to the estate planning strategies of structuring your assets and income to qualify A Medicaid planning lawyer can also provide customized planning for your unique situation, with your Trusted Medicaid Planning Lawyer in Houston, Texas Medicaid planning is a crucial aspect of estate planning

Financial planning issues, however, can vary according to age. financial planning guide for different stages of life and the transitions faced along the way. Plan on at least 15% of income to be set aside for retirement—25% would be better. Taxes are also a critical planning element, such as for funds withdrawn from traditional IRAs. #SocialSecurity #PlanningfortheFuture #HoustonTaxPlanning #Medicare

ThinkAdvisor’s article, “New Estate Planning Strategies for a Post-Portability World,” says that there may be many folks who’ve continued to rely upon their outdated, pre-2013 estate plans. Reviewing a pre-2013 estate plan may be really beneficial for higher-income individuals. Regardless, consult a qualified estate planning attorney to help you select the most appropriate strategy Reference : ThinkAdvisor (June 7, 2016) “New Estate Planning Strategies for a Post-Portability World”

In an ideal world, people would be as excited about estate planning when they turn 18 as they are about The reality is very few young adults take the time to craft even the most basic estate plan. Why does an 18 year old need an estate plan? Most people don’t think about estate planning until they have children or reach retirement age. What does a typical 18 year old’s estate plan look like?

There are many misconceptions about estate planning and implementing any of them into your estate plan Understanding who needs an estate plan and what it should cover is key to creating a plan that is right The following are some common myths that people have about estate planning: Estate Planning Myth 1: “ may not need a complicated plan. Estate Planning Myth 2: “I’m Too Young for an Estate Plan” No one likes to think about death, but it