Start tuning in to your health after 50.
There’s a lot to celebrate when you hit the big five-oh. Discounts start to kick in, investments begin to mature and — how does the saying go? — with age comes wisdom.
June 30, 2021
Why Is Estate Planning So Important?
The word “estate” has always been connected to “ultra-rich” families, those with a lot to leave behind after their death. However, definitions have now changed, and anyone who has anything to leave behind needs to plan their estate.
June 29, 2021
What are Top ‘To-Dos’ in Estate Planning?
The biggest misconception people have about estate planning is that “they are not that old and can do it later,” say almost half (49%) of advisors in a recent Key Private Bank Advisor Poll on estate planning. Yet, the majority (73%) of advisors say the ideal age to start putting an estate plan in place is before 40—earlier than many people think.
June 27, 2021
Can I Retain Some Assets and Still Be Eligible for Medicaid?
The bill for long-term care adds up fast. The annual median cost for a private room in a nursing home was $105,850 in 2020, according to Genworth. The government could pick up these costs if you qualify for Medicaid, but that’s easier said than done.
June 25, 2021
Collecting Social Security from your ex-spouse.
If you’re divorced and nearing retirement, it’s a good time to educate yourself about Social Security (SS) and to learn the ins and outs of collecting benefits from a divorced spouse.
June 24, 2021
Is a Handwritten Will a Smart Idea?
A holographic will is a will handwritten by the testator (the maker of a will). Holographic wills are recognized in about half of the states in the United States.
June 23, 2021
Estate Planning Short-Cuts Lead to Costly Consequences
Over the years I get all kinds of questions from people. And boy, have I heard some doozies. But one common one I get is called the ‘lazy (or poor) man’s (or woman’s’) estate planning.’ This type of estate planning has some very negative tax consequences.
June 21, 2021
When Should an Estate Plan Be Reviewed?
The documents may still be valid but if they are stale or outdated, you may spend significant money trying to use them down the road.
June 18, 2021
Can You believe Aging Parents Grow Stubborn and They Know It?
Aging parents grow stubborn, and researchers are uncovering the reasons why.
February 16, 2021
Will I Live Longer, if I Babysit the Grandchildren?
Looking for an extra incentive to spend some quality time with your grandchildren? Try telling their parents that it could extend your life.
August 10, 2020
