More Problems with Beneficiary Designations — Usually Beneficiary Designations Take Precedence Over Your Estate Planning Documents, But Sometimes They Don’t

Note: This article is Part 3 in a series on the Problems with Beneficiary Designations. Links for the prior two articles are below and at the bottom of this article.Please click here to read Part 1 and please click here to … [Read more...]

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Divorce Rates for Couples 50 and Older Have Doubled Since 1990 — What This Means for Estate Planning and Medicaid Planning

Years ago, the vast majority of couples who weren't happy in their relationship chose to remain married out of convenience or routine, a sense of familiarity, or for their children. This has changed in recent years for many … [Read more...]

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Critter Corner: Protecting Our Daughter’s Inheritance If She Gets Divorced

Dear Magic,Our daughter got married a couple years ago, but she doesn’t seem happy. Her husband goes out a lot, drinks too much, and gambles regularly. He also spends nearly every dollar he brings in. We have a sizable … [Read more...]

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How Will Divorce Affect My Estate Planning?

Q. My husband and I completed our estate planning documents ten years ago. Now that we are both ready for retirement, we have decided to go our separate ways. We have been separated for a while now, and divorce is imminent. What … [Read more...]

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Is Gray Divorce Necessary to Qualify for Medicaid?

In the mid-1980s, young Jennifer was shocked when her grandparents divorced after 60 years of marriage, around the same time her grandfather became sick with ALS. She was convinced that her grandparents' love was enduring, which … [Read more...]

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What She Doesn’t Know About Social Security Could Cost Her Thousands

Q. My mother, Eileen, and her husband, Ray, just recently got divorced after 15 years of marriage. My step-father was the primary breadwinner throughout their marriage, while my mother was a homemaker, who worked a little here and … [Read more...]

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