As people age, they may find that living in a retirement community or continuing care community can offer them the support, care, and amenities they need to live a fulfilling life. However, choosing the right community and planning for life in such a community can be a complex process.
Read MoreWhen it comes to financial planning, one of the easiest and most important things to accomplish is an overall review of your estate plan. We suggest that you review your estate plan every couple of years or when there are changes in your family that may impact your estate planning. Here is a checklist of estate planning items to review that may be helpful.
Read MoreLet’s face it, in today’s world, managing your personal financial affairs can be complex. There are many decisions that need to be made on a weekly or even daily basis. For a large and growing segment of the population, who are trying to help aging parents with their finances, this can be incredibly frustrating, stressful and burdensome.
Read MoreLong term care costs are expensive and rising every year. For many, a two or three year stay in a skilled nursing facility could cost several hundred thousand dollars and potentially wipe out a retirement nest egg. Find out the things you should know when it comes to long term care and long term care insurance.
Read MoreMany financial planning objectives can be accomplished through the utilization of trusts. Here are several of the most common types of trusts and a brief overview of their purpose…
Read MoreScam artists are always looking for new ways to prey on consumers. Now they are using the same tactics to take advantage of consumers' heightened financial and health concerns over the coronavirus pandemic. Here are some of the more prevalent coronavirus scams that consumers need to watch out for.
Read MoreWhen a loved one passes away, the grief coupled with the burden of settling their estate can be overwhelming. Here are a few things you can do to make the estate settlement process easier for your heirs.
Read MoreLong term care costs are expensive and rising every year. For many, a two or three year stay in a skilled nursing facility could cost several hundred thousand dollars and potentially wipe out a retirement nest egg.
Read MoreWe examine the changes that the SECURE act made on beneficiaries of retirement accounts. Beginning in 2020, the “stretch IRA” is eliminated for most beneficiaries. Also, we look at how trusts will be affected by the new tax law.
Read MoreDisorganization can generate months of hassle as well as unnecessary attorney or advisor fees. In addition to making sure that the distribution of your assets is in line with your objectives, taking a proactive approach when planning your estate can save your grieving family a significant amount of time and hassle.
Read MoreFor many, the largest unknown during retirement and a source of much concern and worry is the potential for “extraordinary” health-related expenses
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