The Affordable Care Act generally requires health insurance plans to offer dependent coverage until age 26. (Actual termination dates vary.) Parents should work with their young-adult children to prepare for this change well before that landmark birthday. We suggest ways to manage the transition and avoid potentially costly coverage gaps.

Frequent stock trading doesn't automatically qualify someone as a trader for federal tax purposes. This article explains how the tax treatment of investors and traders differs, what courts consider when determining trader status, and the potential tax consequences of claiming trader status when an individual's activities don't support that classification.

Sorting out financial priorities in your family can be a tricky balancing act. The contribution limits for tax-favored retirement savings plans continue to notch upward. This may cause parents to ask the following question: Should I max out my 401(k) account or IRA — or should I set aside more funds for my child's higher education? Here's a look at the issue.

An estate plan isn't a static document. As the years roll on after you initially draft your plan, it's important to review it periodically and update it as needed. The primary reason for updates is experiencing major life changes in your family, such as marriage, divorce, remarriage or birth of a child. Updates also may be needed due to tax law changes. This article poses some questions to consider as you review and revise your estate plan.