Oftentimes, the main purpose of estate planning is to maximize the value of your estate for your heirs. However, the process serves other important purposes as well, including taking away uncertainty and leaving a lasting presence on those you love.
There are many terms out there that have to do with seniors. One such term that our readers may have come across in recent times is "elderly orphan." A natural question one may have when encountering this term is: what exactly does it mean?
There are a wide range of things that an elderly individual may want to put the money they've saved up from years of hard work towards. One such thing is a good cause. Elderly individuals sometimes have the desire to give part of their nest egg to a favorite charity.