Around the Web: Retirement age, but not retiring
Retirement is a hot topic for all ages. For those younger, it’s often a matter of saving for it or sometimes wondering if it’s a realistic possibility for them. But for those nearing retirement age, it’s a topic that speaks to an entire life change. The New York Times recently published an article entitled “Of […]
What if I’m single?
Typically, you’ll hear us talk about how much of an impact an estate plan can have for a family. And it’s true: Loved ones go through far less questions, decision-making, and inconvenience with a proper estate plan in place. The same is true for those who aren’t married – but there are different challenges. In fact, […]
Do military families have estate planning challenges?
Our men and women who serve our nation at home and abroad face different challenges than the everyday person. And when it comes to estate planning, those in uniform absolutely face challenges – and many of them. For instance, some soldiers are deployed into active-duty combat, which brings an entirely new set of circumstances for […]
Prince, Purple Rain, and a Failure in Estate Planning
Prince’s recent passing drew scores of remembrance across the international spectrum. But he clearly ignored his own advice in songs like “Purple Rain”: I never meant 2 cause you any sorrow I never meant 2 cause you any pain I only wanted 2 one time see you laughing I only wanted 2 see you laughing […]
Around the web: “Senior moments” explained by Georgia Tech
Recently, the Georgia Institute of Technology took a look at the concept of a “senior moment” and found a striking conclusion: Their minds have trouble sifting through much of what is absorbed, leading to trouble recalling information when needed. This ultimately leads to less confidence in one’s memory, which has adverse effects. Per their press […]
Wills, asset protection aren’t just for the wealthy
When many people hear the phrase “asset protection” they immediately tune out, because they think it relates to business owners or those who own property. However, it’s a much wider-ranging phrase than it may initially seem to be. Do you own a checking account? What about a savings account? Have a retirement plan? Any sort […]
Estate planning and divorce
While often an unfortunate and uncomfortable topic to address, your estate plan typically needs an update if you’ve experienced a major life change – and a change in marital status would certainly qualify as such an occasion. There are many complicating factors that stem from divorce. For example, often when a married couple creates a […]
Around the web: Alzheimer’s could stem from infections
Occasionally, we like sharing information we believe is important or of interest to us and our clients. Recently, The New York Times published an article focusing on a Harvard University study into the status of a person’s brain after fighting off an infection. Could it be that Alzheimer’s disease stems from the toxic remnants of the […]
The importance of beneficiaries on your insurance
Life insurance policies offer the option to designate beneficiaries in the event you pass away – in other words, you get to name who gets the benefits from the life insurance plan. Most people with these policies do have at least one beneficiary named, which ensures a smoother process when it comes to those benefits […]
Have someone with disability? Consider a special needs trust
When setting up an estate plan, one aspect to consider for those with disabled family members is this: What benefits are they getting? There’s a great reason to ask the question. If you leave a large lump sum for a disabled family member, it could disqualify them from receiving particular benefits, such as Medicaid, Supplemental […]