Lack of a Will Could Mean Chaos for Prince’s Estate
The famed recording artist Prince died leaving an unknown fortune and possibly no will or estate plan to dictate what to do with that fortune.
New Rules Provide Protections for Retirement Savings
The Department of Labor has issued new rules aimed at helping those saving for retirement. The rules are intended to prevent financial advisors from steering their clients to bad investments that offer higher payments to the advisor by requiring financial advisers to act in the best interests of their clients.
Four Steps to Take Right After an Alzheimer’s Diagnosis
If you or a loved one has been diagnosed with Alzheimer’s disease, it is important to start planning immediately.
Getting Funeral Pricing Information Is Difficult, Survey Shows
If you’ve lost a loved one, the last thing you want to do is spend a lot of time researching funeral homes to find the best prices. Unfortunately, funeral homes do not make it easy to figure out how much a funeral will cost.
Avoiding Pitfalls When Forced to Start Breaking Your Retirement Piggy Bank
The first of the 75 million baby boomers began turning 70 this year (2016). Becoming a septuagenarian is a milestone in itself, but it also means that soon the IRS will likely be expecting you to start cashing out your tax-advantaged retirement savings that you may have spent decades building up.
How Does the Medicaid Look-Back Period Work?
One area that causes a lot of confusion with regard to Medicaid is the look-back period. What exactly does the look-back period mean for Medicaid applicants?
Check your Documents
Anytime I execute new estate planning documents with clients I remind them to check the documents every year at the start of the New Year to be sure that they still meet their needs. There are additions to families, subtractions, job changes and life changes that often necessitate new beneficiaries, executors and trustees. I give […]
Hybrid Policies Allow You to Have Your Long-Term Care Insurance Cake and Eat It, Too
An increasingly popular hybrid product combines life insurance with long-term care coverage and offers buyers solutions to a number of problems that have kept people from buying traditional long-term care policies.
Problems with Guardianship Abuse Leading to Calls for Reform
A growing problem with adult guardianship abuse is causing calls to reform the system. Vulnerable elderly can get caught in the guardianship system, being harmed and exploited by the very process that is supposed to protect them.
Have you planned for you Digital Assets?
Have you planned for you Digital Assets? Many New Year resolutions involve completion of estate planning documents. I have previously written about the importance of such documents so I will not reiterate here other than to say if you do not have them, why are you waiting? For those who do have estate planning documents […]
