Who will Receive Naomi Judd’s Estate?

Who will Receive Naomi Judd’s Estate?

Country music legend Naomi Judd, who died in April, named her husband Larry Strickland as executor of her estate. She was married to Strickland for 33 years. According to court documents, he’ll have “full authority and discretion” over her estate and won’t need to the...
Prevent the Elderly from Being Scammed

Prevent the Elderly from Being Scammed

Can we prevent the Elderly from being scammed? Just as parents guide their children through adulthood and teach them about finances and how to manage their money, adult children of aging parents need to be alert for their elderly scams before they fall victim to those...
Estate Planning Tips for Solo Seniors

Estate Planning Tips for Solo Seniors

The people who typically think the most about estate planning are those in a traditional nuclear family unit, with spouses, adult children, grandchildren and a clear idea of how they want to pass along assets and who can be trusted to carry out their wishes. It’s...
What are the Basics of Estate Planning?

What are the Basics of Estate Planning?

No matter your age, amount of wealth, or social status, almost everyone should consider how they want their assets distributed upon their death and what decisions will be made by whom, if they are unable to make those decisions later in life. This can be addressed...
What Is Better, a Trust or a Will?

What Is Better, a Trust or a Will?

Estate plans come in all sizes and shapes. One of the decisions in creating an estate plan is whether a trust should be part of your plan, as detailed in this recent article titled “Trust vs. Will: What They Share (And 6 Ways They are Different)” from Yahoo! Money....
In Love and Marriage, Do You Need a Prenup?

In Love and Marriage, Do You Need a Prenup?

There are some important financial decisions that need to be made before you get hitched. One of them is whether you should get a prenuptial agreement (“prenup”). This isn’t the most romantic issue to discuss, especially because these agreements usually focus on what...