When we think about “estate or elder care planning” (actually most of us do NOT want to think about these things) what comes to mind? A living will, how to allocate assets, who will handle financial matters or make medical decisions if we are incapacitated, And who do we typically associate with these documents– ourselves
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The beginning of the year is a good time to check your withholding allowances. Are you perpetually behind, or need more money in your paycheck? Remember that you can claim any filing status and number of exemptions on the W-4 for your regular withholding during the year. Read my article. Don’t rely on 1099’s to tabulate your income,
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Congratulations parents of graduates from high school and college! Time to celebrate and prepare for the next stage of life for your children. While always children in your eyes, upon reaching the age of 18, all individuals are ADULTS in the eyes of the law, both state and federal, with a slew of rights and
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If you have a will—or don’t have a will—your estate must be probated. Probate is a court process where your assets are gathered, bills are paid, and the residue is distributed to your heirs. It can take anywhere from 6-18 months for an average case, partly because Rhode Island has 39 part-time probate judges. For
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