Being named someone’s agent (sometimes called an “attorney-in-fact”) under a power of attorney can feel like an honor — and a lot of pressure. A financial power of attorney lets you handle certain money and property matters for the person…
With terms like “affordability crisis” and a “K-shaped” economy dominating economic headlines amid rising geopolitical tensions, there’s an underreported bright spot buried beneath the pessimistic news: Total U.S. retirement assets, including money saved in 401(k)s and individual retirement accounts (IRAs),…
Dividing personal belongings after a loved one passes away can be one of the most difficult parts of estate planning. Even small items can carry deep emotional meaning, which can sometimes lead to family disagreements if there isn’t a clear…
Financial scams targeting older adults are more common than ever. Older adults lose billions of dollars each year to financial abuse and exploitation. In 2025, adults aged 60 and older in the United States reported $2.4 billion in losses to…
If there’s one word that best summarizes the current economy, it’s uncertainty. Open a newspaper, scroll through financial headlines, or listen to earnings calls, and the same theme keeps surfacing. Uncertainty has become the new normal — and it shows…
Over the past several decades, baby boomers and their parents have amassed a considerable amount of wealth. That wealth is now beginning to pass to Generation X and millennials. According to a new report, about 1.2 million individuals, each with…
Americans want to live longer, healthier lives, but here’s the problem: while we’re living more years overall, many of those extra years are spent dealing with long-term illness and physical decline. One scientifically backed way to improve overall health and…
Benjamin Franklin was many things: a Founding Father, writer, scientist, inventor, diplomat, printer, publisher, businessman, and political theorist. Yet one of his more impressive legacies — Franklin the philanthropist — is often overlooked. The man who gave us bifocals, the…
Many people create revocable living trusts as part of their estate plan to manage their accounts and property smoothly, avoid the court process known as probate, and make life easier for their loved ones. While the grantor (the person who…
The recent disappearance of Nancy Guthrie from her home in Catalina Foothills, Arizona, has highlighted the difficult balancing act many families face: older adults’ strong desire to remain in their own homes and their adult children’s equally strong desire to…