Certain types of trusts called constructive trusts can be established against one’s will to remedy situations of "unjust enrichment." This occurs when someone possesses assets through breach of fiduciary duty or fraud.
Read MoreAs we age, we become more and more vulnerable to having high blood pressure and its health threats. Here are a few simple yet powerful ways to help lower or prevent high blood pressure.
Read MoreFor students of any age, the loss of a classmate can be a traumatic experience. The disconnect between death and young life is hard to sort out, while the death, in some cases, can be a student’s first exposure to grief.
Read MoreIf you would like to free yourself and your children from high estate taxes, a Qualified Personal Residence Trust (QPRT) can help. Once established, this trust will help you “freeze” the value of your residence and reduce the gift tax incurred when transferring your assets to your children.
Read MoreIt can be difficult for older adults and seniors to keep up with the most popular tech—especially during Covid-19. Here are a few resources to help you become more technologically literate at some of the more common apps.
Read MoreFor many people, losing a loved one is the most lonely and painful part of life. Grief coaches specialize in counteracting that loneliness and pain through goal-setting.
Read MoreAs estate-protection tools, trusts have a reputation for being less flexible than simple bank accounts. While this is by and large true, Totten trusts are essentially bank accounts with a named beneficiary.
Read MoreA real-life example of an exercise we can use to process grief—writing that “letter you never sent,” and getting out all the things you neglected to say—in the hopes that if you are experiencing similar regrets, you might do the same.
Read MoreWith at least a few more months of confinement to look forward to, compounded (for some) by the harshness of winter, perhaps this slate of video games is just what the CDC ordered.
Read MoreIf you are looking for an effective way to reduce or eliminate estate taxes while keeping all the death benefits from your life insurance policies, this trust may be the right choice for you.
Read MoreAs a devout Catholic and an old-school straight-shooter, a man of powerful feeling whose life has been marked by loss, Biden cuts an interesting profile.
Read MoreCoping with the traumatic death of a loved one - by murder, accident, or suicide - is one of the most severe challenges anyone can face. Here we offer advice gleaned from studies and health professionals on how to get through this profoundly difficult situation.
Read MoreIf you are leaving money behind for heirs who are new to managing money or have a hard time controlling their spending, you should look into spendthrift trusts.
Read MoreWriting down your feelings in a safe, private space is freeing and usually cathartic, especially when dealing with grief. Here’s some advice and prompts to follow.
Read MoreThe state of ambiguous loss or “frozen grief” refers to when a loved one might be physically present but psychologically absent. Here are a few ways to cope with this difficult situation.
Read MoreChildren may have difficulty understanding or comprehending death. Read this for advice on how to involve them in rituals and at different stages of the grieving process.
Read MoreBy utilizing a generation-skipping trust, you are “skipping” one round of the inheritance tax, which can be a very significant benefit depending on the size of your estate.
Read MoreLosing a beloved family member of a friend is never easy. How do you possibly find the words to explain the loss? Here are five expressions to avoid when someone has passed, coupled with loving alternatives the bereaved may need to hear in the midst of their grief.
Read MoreRemembrance is important because it acknowledges the reality of death, the emotions associated with death, the relationship that has shifted from physical presence to memory, changes in personal self-identity, the search for new meaning in life, and ways to receive the loving support of those around you.
Read MoreFor altruistic and financially savvy individuals with nonessential assets (such as stocks or real estate), a Charitable Trust could offer tax incentives and several financial benefits for you, your beneficiaries, and a charity of your choice.
Read More