People coming close to retirement age often dread the whole idea of applying for Medicare, and it’s understandable. Medicare seems complicated, and any mistakes could be expensive. One solution for navigating the process of choosing the right Medicare insurance and…
You don’t need to be wealthy to create a financial disaster for your family. Not having a will or other estate planning documents, could wreak havoc on their budgets and make their lives stressful. It’s true—planning a summer vacation is…
There’s no way to be prepared for a bad diagnosis, but when it happens, you still need to take care of the financial and legal aspects of your life. Once the initial shock of a bad diagnosis has passed, says…
After a few months of buying Mom and Dad’s groceries and transferring money between accounts, it seems like it would be easier just to create a joint checking account. Not so fast! Like any other financial move that seems to…
While Alzheimer’s is the most common form of dementia, accounting for an estimated 60-70% of all cases, there are other types of dementia. High blood pressure causes the second most common form, vascular dementia. The words “dementia” and “Alzheimer’s disease”…
Having an estate plan forces you to ask many important questions, and one of them is when the right time is for your children to have access to their inheritance. The answer is different for every family. You know your…
Most people go into marriages thinking they will be forever. However, the hard truth is, about half of American marriages end in divorce. With those odds, your best bet is to have a pre-nuptial agreement. A prenuptial agreement may be…
Creating an estate plan when heirs are minors, requires a special touch. You can leave your asset to whomever you want, of course, but some properties cannot legally be owned by minors. There are special structures and rules to convey…
How the cash value of a life insurance policy grows, depends upon what policy you own, its provisions and the life insurance company itself. Known as permanent life insurance, also called cash-value life insurance, has a cash value that grows…
Make A Choice, Even If You Stay Put: Your Retirement Residence Free from workplace obligations, where you live in retirement starts as a wide-open choice. However, once you define your family’s needs, the answers will become clearer. There’s no one…