A record 80.5 million Americans have health coverage through Medicaid or the Children’s Health Insurance Program, largely because states have had to keep people enrolled during the coronavirus pandemic, according to new federal data released Monday.
Probate survives as a procedure originally implemented by the King of England to protect his citizens from themselves and their greed.
Many of our parents completed their estate plans decades ago. The documents may still be valid. However, if they are stale or outdated, you may spend significant money trying to use them down the road.
You may be someone who looks forward to the day you retire, or you could be someone who plans on working for as long as possible. No matter which category you fall into, you should do some retirement planning in preparation for this major milestone.
No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.
It may seem like a grim way to spend your free time, but planning your estate when you are young can actually give you the peace of mind you will need to enjoy your golden years in the future.
