Factors to Consider when Choosing a Trustee

It is essential to choose a qualified trustee because this person (or institution) is responsible for carrying out your wishes and protecting your trust’s assets.
 
The law requires a trustee to be a legally competent adult, that is, a person 18 or over capable of managing his or her affairs.  Other than that...

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Long-Term Care Insurance: A Short Assessment

In my quest to help elders get the care they need and still live at home, another possible solution is long-term care insurance.  Let’s discuss the pros and cons of this approach.

First of all, long-term care insurance has become very expensive.  That’s because many insurance companies suffered losses on policies written in...

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