skip to Main Content

Blog

Don’t Go Overboard on Retirement Spending

People who enjoy shopping as a recreational activity may find that it does serious harm to their retirement funds, now that their income stream has been shifted to retirement mode. Here’s a suggestion: try devoting that time to other activities,…

Read More

How is a 529 Plan Treated, If It’s Inherited?

Let’s start by defining a 529 plan. A 529 College Savings Plan is a special type of investment account created pursuant to Section 529 of the Internal Revenue Code and state law. At first, 529 plans were a popular way…

Read More

What is a Special Needs Trust and Do I Need One?

The special needs trust, sometimes referred to as a supplemental needs trust, is a legal structure that manages the assets and may receive contributions from a variety of sources during the lifetime of the beneficiary, according to WTOP’s recent article,…

Read More

Qualifying for Medicaid

Medicaid was designed to allow people who are disabled or 65 and over with little or no assets, to obtain long-term care. For many middle-income families, Medicaid is a frightening concept. If the family does not have long-term care insurance…

Read More

Helping Elderly Parents Manage Financial Matters

While the age it begins is different for everyone, at some point during the senior years we start to lose some of our cognitive capacity. The problem is, that’s when our portfolios likely reach their peak: just when we’re not…

Read More
Back To Top