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Have you addressed elderly parents in your estate plan?
Your estate plan likely accommodates your spouse, children and grandchildren. But have you overlooked your parents? How can you best handle their financial affairs in the later stages of life? You may want to incorporate their needs into your own estate plan while tweaking, when necessary, the arrangements they’ve already made. Here are four […]
Couples with a noncitizen spouse play by different estate planning rules
Many traditional estate planning strategies are based on the assumption that everyone involved is a U.S. citizen. But if you or your spouse is a noncitizen, special rules apply that require additional planning. General rules If you’re a U.S. resident, but not a citizen, you’re treated similarly to a U.S. citizen by the IRS. […]
