Should I Write My Own Will?
An online form or a DIY will kit may be a more cost-effective option. However, hiring a lawyer could save you money in the future.
November 21, 2021
Why Is an Estate Plan Important?
While no one wants to think about his or her own death, planning for the inevitable is an important part of protecting your assets and those you love.
November 21, 2021
How Much can You Inherit and Not Pay Taxes?
Unless you spend your winters in Aspen and your summers in the Hamptons, you probably don’t have to worry about paying federal estate taxes on an inheritance. In 2021, the federal estate tax doesn’t kick in unless an estate exceeds $11.7 million.
November 21, 2021
Who Pays Mortgage When I Pass Away?
One important aspect of estate planning is deciding what will happen to your home after you die. The answer might be fairly cut and dry if the home is fully paid for. If it’s not, though, you’ll need to consider the financial ramifications for your estate and for the person who inherits the home.
November 19, 2021
Alexa, How Can You Help Seniors
Amazon has two new programs that integrate Alexa into hospitals and senior living communities, the company announced today.
November 15, 2021
Will there Be New Federal Funds for Home Care Services for the Elderly?
For older people and people with disabilities, solving everyday practical problems can be the difference between being able to live at home or being forced to move to an institution. Sometimes people need help getting dressed or making meals. Sometimes they need help managing medications or shopping for groceries.
November 15, 2021
What If Account has No Named Beneficiary?
My wife died and left a bank account with no beneficiary. The bank tells me I have to go through probate. I inherited everything else. What do I have to do?
November 15, 2021
How Does Power of Attorney Work?
For many families with elderly people or engaged in estate planning, power of attorney is essential, especially if the elderly person’s mental abilities are compromised. Having someone who can take care of legal and financial matters can make this part of life far easier. However, power of attorney is a sweeping grant of authority.
November 15, 2021
Before They’re Gone—Estate Planning Strategies
If you have not already been inundated with invitations to webinars, articles and newsletters regarding the estate planning you should consider doing before new legislation passes, you undoubtedly will receive these over the next few months.
November 12, 2021
What Do I Need to Do During Medicare Open Enrollment?
It’s hard to escape the Medicare ads that fill the airways each fall, when insurance companies vie for beneficiaries’ attention during the annual open enrollment period. Running from Oct. 15 through Dec. 7, this period is when the more than 63 million Medicare beneficiaries can pick a new Medicare Part D drug plan, a new Medicare Advantage plan, or switch from Original Medicare into a Medicare Advantage plan or vice versa.
November 9, 2021
