Estate Planning for Business Owners: What You Need to Know
Many business owners overlook estate planning, assuming that it only applies to individuals with significant personal wealth. However, failing to plan for the future of a business can have dire consequences. Without a solid estate plan, a business owner’s death or incapacitation can leave their company in limbo, potentially causing financial and legal difficulties for […]
Are you doing any of these healthy things?
Keeping yourself vibrant and youthful in your golden years does not have to be complicated. However, it becomes increasingly important to take care of your mind, body, and spirit as you age.Here are some tips to help make your health and wellness a priority without complicating your life: Stay hydrated. Dehydration is a common cause […]
Can You Visit Nursing Home Residents After They are Vaccinated?
COVID vaccines are starting to roll out to nursing homes across the country, signaling the beginning of the end of the pandemic. Once your loved one has had both doses of the vaccine, you may be able to visit, but precautions are still necessary.
Using Life Insurance as Part of Your Estate Plan
Life insurance can play a few key roles in an estate plan, depending on your age and situation in life.
Medicare Drug Cards May Be Sent Out in January
President Trump’s plan to send $200 drug-discount cards to Medicare beneficiaries has cleared one hurdle, but it isn’t certain that the administration will have enough time to actually get the cards in the mail.
Who Should Purchase Long-Term Care Insurance?
Buying long-term care insurance is one way to protect against the high cost of long-term care. However, this type of insurance may not be for everyone, so consider all your options.
How to Create an Estate Plan That Includes Your Pet
Pets are members of the family, so it is important to consider how to provide for them in your estate plan just as you would the human family members.
What Is Critical Illness Insurance and Is It Worth Buying?
Many employers offer critical illness insurance as part of their benefit package. What is this insurance and is it worth purchasing? You should consider your options before paying for a plan.
Special Tax Deduction for 2020 Allows Donations of $300 to Charity Without Itemizing
As we enter the giving season, there is an additional reason to be charitable this year. Congress enacted a special provision that allows more people to easily deduct up to $300 in donations to qualifying charities this year.
Ability to Withdraw Money Early from Retirement Plan Without Penalty Expires at the End of the Year
If you are experiencing financial hardship due to the coronavirus pandemic, you may want to consider withdrawing money from your retirement account while you still can. The special exemption allowing early withdrawals without a penalty ends soon.
