Frequently, families want to protect their life’s work for their descendants. Among the options are asset protection trusts. However, to truly provide asset protections, the trust must be irrevocable. Irrevocable means the parent must give up control of the assets...
We will be talking about long-term care and special needs trusts. The event will be taking place on Zoom from 11:00 am to 12:30 pm on September 16th. Contact Bridges at 615-248-8828 for more information.
I miss Mayberry. Life was simpler, sweeter. A man’s word was his bond. A yes was a yes, and a no was a no. Today’s world has become a hustle-n-bustle of traffic, high-rises, and complications. That creates frustrations and a need to make things simpler. But when it...
1. Prepaid Funeral Plan To ease the burden of family, many people choose to pre-pay for the funeral expenses. AARP recommends setting up a separate bank account just for burial expenses. Make sure to earmark it as “Burial Expenses” with a Pay on Death (POD) of the...
The Financial Cost In a Genworth study, Beyond Dollars Study 2018, caregivers reported they pay for care from their own pockets. Many reduce their own quality of living to pay for the care. In addition, absences, reduced hours, and chronic tardiness can mean a...
Adapted from ElderCounsel There are many good people in the world. Some strangers would give you the shirt off their backs. Many folks volunteer their time to help others in need. Especially in our tumultuous times, it is important to be kind and generous to our...