At this point, you don’t need to be reminded of the events of the present. If there were ever a wake-up call to get your estate plan in order, recent news is it. Planning for the future is especially critical if you are a business owner or CEO. First Steps to Asset Protection Generally, it…
Few things in life provoke more anxiety than financial precarity. Often, in a bid to close gaps and meet basic needs, individuals turn to credit to cover urgent costs, counting the ability to forge a lasting solution when time permits. Clawing one’s way back up this slippery slope is hard, however. Rarely does a person…
Charitable giving comes in many forms. Some people make philanthropic achievements a lifetime goal, while others will make donations periodically throughout their life when they feel passionate about a particular cause. Another way that many people choose to give to charity is to donate at the time of their death. Incorporating charitable donations in your…
Medicare covers a big part of many people’s medical expenses after they turn 65. Medicare Part A is hospital insurance that pays for things like hospital stays, surgery, and hospice care. Medicare Part B is more of a traditional medical insurance that helps pay for doctor visits and preventive services. Individuals can enroll in Medicare…
A new report from the Aegon Center for Longevity shows that 49 percent of people in the Americas cite running out of money as their main retirement concern. In an era where people have the potential to live much longer than previous generations, this may not be all that surprising. After all, planning for 10-15…
You may be in the sandwich generation if you find yourself caught between taking care of your aging parents and your children at the same time. Understandably, it causes significant financial strain and burden when you have to take care of everyone. More than 1/3 of parents who have kids between the ages of 8…
The task of finding an estate planning attorney may seem daunting and difficult to think about. The whole process of estate planning, in fact, may feel daunting—it forces you to contemplate the delicate financial matters that will arise upon your death. However, those financial matters are important, thus it is even more important to make…
You’re getting older, I’m getting older, your granddaughter is getting older… Aging is a fact of life and no amount of hiding or insisting that age is only a number will change this. While it may be true that you are only as old as you feel, eventually even this will slip beyond your control.…
So much of the financial advice we live by has been around for decades—and is rarely questioned. But times they are-a changing. Maybe we need to ask some questions: How much savings do I need? What portion of it should I invest? What about my retirement funds? Below are some pieces of common financial advice…
The word “estate” sounds much more official than it is. “Estate” simply refers to anything you own: a house, a car, whatever money is sitting in your bank account, a vintage guitar collection, your beloved dog, the antique china set that was passed down to you from your great, great grandmother… Anything. Chances are that…