Why You Should Name a Stand-Alone Retirement Trust as Beneficiary (For IRAs and Other Tax-Deferred Retirement Accounts)
Read More »Planning For Incapacity and Long-Term Care
With people living longer due to advances in medicine and changes in lifestyle, odds are that most of us will become disabled for some time before we die and may need long-term care. Unfortunately, too few plan for an event that is more likely to be a probability than a possibility—and the consequences of not […]
Read More »VA Benefits For Long-Term Care of Veterans and Their Surviving Spouses
Many wartime veterans and their surviving spouses are currently receiving long-term care or will need some type of long-term care in the near future. The Veterans Administration has funds that are available to help pay for this care, yet many families are not even aware that these benefits exist.
Read More »Aging.gov: A New Resource for Older Americans and Their Families
More than 10,000 people turn 65 in the U.S. every day according to Aging.gov (http://www.hhs.gov/aging/), a new website recently launched by the Obama administration. The goal of this website is to act as gateway for older Americans and their families, friends and caregivers to locate information about leading a healthy lifestyle, options for health care, […]
Read More »Preventing Long Term Care Policy Lapses
Long term care in a nursing home is extremely expensive. One way to mitigate that expense is to purchase a long term care insurance policy. Unfortunately, many of the people most in need of long term care insurance let their policies lapse before they need them.
Read More »How to Get Disinherited
If you do not want to be disinherited by your relatives, it might be helpful to know what actions often lead to disinheritances so that you can avoid them. Normally when someone is disinherited it comes with anger and surprise. This is because often people do not think that they have done anything so […]
Read More »Listen Up Retirees: There Will Be No Cost of Living Increase For Social Security Benefits in 2016
The latest news released by the Social Security Administration has not been well-received by the 65 million retirees, disabled workers and their families who rely on Social Security benefits for their day-to-day living expenses: For the third time in seven years, Social Security recipients will not see a cost of living increase to their monthly […]
Read More »An Odd and Bitter UK Estate Battle
An estate battle in the United Kingdom pits four large charities against the son of a 95-year-old Alzheimer’s patient whom the charities accuse of fraudulently creating a new will for another woman.
Read More »Single Estate Planning
People who have never been married often face more difficult estate planning decisions than people with families. For married people, the basics of who gets what after they pass away is usually fairly obvious. Most married people want the bulk of their estates to go to their spouses, children and grandchildren.
Read More »How Probate Can Get Expensive
There are many reasons to want to avoid probate for your estate. One of them is that probate can get very expensive. One doctor’s bill in a case in New Hampshire illustrates just how expensive. The story of Geraldine Webber’s estate has been followed closely on estate planning blogs.
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