With or without children, divorce is a complicated transaction, with many moving parts. Things happen during a divorce, which can sometimes take years to complete. One part that is often overlooked is the estate plan, which should be updated as…
Older workers who find themselves unable to find a new job or retirees confronting a health crisis and its associated costs, often turn to their life insurance policy as a source of ready cash. Is it a good idea? There’s…
The holidays are nearing and unfortunately many seniors feel even more isolated during this time. Thankfully, technology has provided some interactive gadgets to help lessen feelings of isolation. One of those gadgets, called the GrandPad, is discussed below. The internet…
Planning a funeral seems to be more appealing than for the hard truths about aging, which include illness, discomfort and often, a loss of dignity. Always going their own way, boomers seem to have decided it’s okay to plan a…
If you are asked to serve as someone’s power of attorney, you’ll need to understand what they are asking you to undertake. If you are asking someone to be your power of attorney, you should know what it is you…
There is a Boeing 457, but that’s not the same as a 457 retirement plan. A 457 retirement plan is also different than a 401(k) plan. Which one you can participate in, depends on where you work. The world of…
Ranking member of the Senate Committee on Veteran’s Affairs, Senator Jon Tester (D-Montana), along with Senators Edward J. Markey and Elizabeth Warren (both Democrats from Massachusetts) are requesting a formal review by the Government Accountability Office (GAO) of the rating…
Single people with no children sometimes feel like they might live forever. We know that’s not true, but children do seem to serve as markers of the passage of time. The protections offered by an estate plan for singles while…
While it may all even out in the end, when you take your benefits could have a real impact on the quality of your retirement life. Any big decision is easier to make, when you have all the necessary information.…
Placing the family home into a life estate can be a worthwhile move, since it permits an aging parent or other family member to remain in the house, while allowing heirs to have eventual ownership. A family had fond memories…