May 30, 2012 in Estate Planning, Money, Money Tips
There’s a common misconception among the American public that estate planning is only the domain of the elderly or the very wealthy. However, that’s far from the truth. The fact is estate planning is something that can be done by people of any income level, and should be considered by everyone. If you haven’t considered ...
March 27, 2012 in Estate Planning, Financial Services, Insurance, Money, Social Security
The U.S. Department of the Treasury is encouraging recipients of Social Security and other federal benefits to switch from paper checks to electronic payments ahead of the March 1, 2013, deadline. On that date, all people who receive federal benefits, including Social Security, must get their monthly payments via direct deposit into a bank or ...
March 24, 2012 in Estate Planning, Living, Living Green, Money, Money Tips, Retirement Planning
There are plenty of reasons to rejoice about retirement – more time to spend with your family, the ability to travel more and the opportunity to pursue your true passions. And today’s retirees can also appreciate the fact that on average, people continue to outlive previous generations. Most people enjoy retirement even more than they ...
November 15, 2011 in Estate Planning, Featured, Financial Services, Money, Wills and Trusts
Why and How to Talk to Your Future Executor and Heirs about Your Estate Plan Perhaps you have already chosen an executor , a person who will be administering your estate when you pass. This is a great start to getting your affairs in order to ensure that your family and loved ones receive your ...
August 10, 2011 in Estate Planning, Health, Health Tips, Living, Money, Retirement Planning
While living to the age of 90 was once a rare feat, it is becoming increasingly common. You may be surprised to learn that the fastest growing demographic in the country is people over the age of 85. According to the latest life insurance mortality tables, 38 percent of men and half of women age ...
April 29, 2011 in Estate Planning, Financial Services, Mortgages & Credit
If you are an adult with elderly parents, you may be used to getting periodic updates on the status of their physical health. When it comes to the state of their financial health, however, elderly parents may not be quite as forthcoming. Many adult children are surprised when they find that their elderly parents are ...
July 14, 2010 in Estate Planning, Wills and Trusts
Title to your home should be transferred into your living trust in order to “avoid probate”. Everyone’s heard this mantra, but let’s take a look at how title should be transferred and why. Say you don’t have a trust. Instead, all you have is a Will, and it states that when you die, all of ...
May 16, 2010 in Estate Planning
With more Americans living longer lives, there’s new interest in purchasing long-term care insurance to cover costs generally associated with aging. Currently, 8.2 million Americans have purchased long-term care insurance that pays for home care, for assisted living or for care in a nursing home. Such long-term health care costs are not usually covered by ...
May 16, 2010 in Caregivers, Estate Planning
A growing number of people are finding both emotional and financial security in something that is also an important part of estate planning. They are preplanning their funeral. Many are also finding that taking advantage of what preplanning has to offer may be easier if they do their homework about what they may want and ...
May 1, 2010 in Estate Planning, Retirement Planning
When it comes to major lifestyle changes, planning ahead can ease financial stress. And no event requires more early preparation than retirement. According to experts, retirees should give plenty of thought to matters such as health coverage and seek a combination of income and asset protection to ensure their savings will last throughout retirement. John ...
