Shomari Hearn, CFP

An unexpected situation could put you at risk of landing in court. An umbrella policy can protect your finances in case of a big lawsuit.

Accounting for the possibility of your own and your loved one's eventual mental incapacity is a key part of any estate plan.

April 15 is just 2 weeks away, but many people can still cut their 2013 income taxes, and almost everyone can plan to create a more tax-efficient strategy for 2014 and beyond.

Instead of springing a posthumous surprise that can lead to conflict, communicate your financial plans and intentions to your family while you're still alive and well.

Many affluent physicians will pay higher income taxes in 2013, thanks to stealth taxes, but the following moves can help reduce exposure to these new taxes.

There are two new taxes in 2013 for high-income Americans, but you don't have to be helpless. You can reduce future taxes with good planning and decisive action.

Estate-tax planning may seem like a concern only for the very wealthy, but some states have much smaller exemptions and the federal exemption is set to drop to just $1 million in 2013.