Sadly, there are ways in which the after-death distribution of a deceased person's estate could end up not matching the deceased's goals for the distribution.
Tax implications can be important to factor in in estate planning
The Massachusetts estate tax and small business owners
Here in Massachusetts, there is a state estate tax for estates that exceed $1 million in value. There are many different kinds of people that could potentially end up with an estate that could cross this threshold. And it is not limited to just the people society typically would view as being very wealthy.
How much in out-of-pocket health care costs arise in retirement?
Getting the right medical care is important when one is in their retirement years. There are certain challenges that can arise for seniors when it comes to getting the medical care they need for the medical conditions they have. One are challenges when it comes to paying for such care.
Updating an estate plan when approaching retirement
The transition into retirement can be a very critical and complicated time. Thus, as a person is approaching retirement, it is very important for them to have the right sort of finance-related planning in place for their particular circumstances.
Stay connected