Advance Planning for Diminished Capacity
The good news is that we are living longer. However, many of us will experience a time at some point in our lives, when we are not able to take care of ourselves. We think of this more as a…
Can a Non-Citizen Spouse Have an Estate Plan?
Basic estate planning is an important thing for any family to have in place, at any stage of life. However, there are some complications that accompany estate planning, when a spouse is not an American citizen. nj.com’s recent article, “Not…
Wealthy Kids Unappreciative? You’re Not Alone!
In 2007, the Boston College Center on Wealth and Philanthropy embarked on a four-year study to take a look at the lives of wealthy people and how being affluent has impacted their lives, and those of their children, as reported…
How Will Aging Parent’s Needs Impact Your Family?
At some point, families have to face the grim reality that they cannot care for a parent without help. Where that care is provided, and how skilled that care is, determines the cost. To have an aide come to the…
Get These Documents in Order for Your College Student
By now, the dorms are filled, and a new fall semester is underway. However, you can still take care of these often-overlooked details for your college student. If you were so busy focusing on the logistics of getting your student…
What You Need to Know About Employee Stock Purchase Plans
An Employee Stock Purchase Plan, or ESPP, allows employees to purchase stock in their company for a discounted price. Just don’t put all of your eggs in one basket. If you work for a company with an ESPP, you may…
What Should Never, Ever Be in Your Wallet
We’ve all done it—reached into our handbag or into a pocket for a wallet that isn’t there. Was it stolen, did we leave it on a checkout counter or in a taxi? Did a pickpocket get it? What’s in your…
Social Security Primer for Widows or Divorced People Who Remarry Late in Life
The Social Security Administration uses many factors to calculate benefit amounts for beneficiaries, and that includes marital status. Those who remarry late in life need to be aware of what could change as a result. This article from Investopedia’s, “How…
Planning Ahead for Senior Care When You’re Not A Billionaire
With big money, moguls, a lover with bad intentions and heirs seeking to gain control of an empire, the HBO series Succession borrowed a lot of juicy details from the real-life drama of Sumner Redstone. Forbes’s recent article, “What 'Succession'…
Planning for the Inevitable: The Loss of a Spouse
Given the sadness of the topic, it’s no surprise that most people don’t prepare for the loss of a spouse, reports a study from Merrill Lynch and Age Wave that was covered in USA Today’s recent article, “Before the death…