There are lots of misconceptions about estate planning, and any one of them can result in costly mistakes. Understanding who needs an estate plan and what it should cover is key to creating a plan that is right for you.
What will happen to your estate if your primary beneficiary does not survive you? If your will does not name an alternate beneficiary, your estate will be divided according to state law, which may not be what you want.
If your estate has changed in value — either increased or decreased — do you need to change your will?
When creating advance directives in order to plan for the possibility that you may one day be unable to make your own medical decisions, there can be confusion about the difference between a living will and a “do-not-resuscitate” order.
Legendary singer Aretha Franklin was thought to have died without a will, but the recent discovery of handwritten documents is calling that into question.
Imagine if tomorrow you were in a car accident or overcome by an illness and unable to communicate. What would your family do? Read More
So much is being said in the news about dementia that I thought we should discuss why being occasionally forgetful is not such a concern. To the contrary, our memory may not always be so important. A recent article explains how forgetting is actually useful. By forgetting information that is stale, we are enabling ourselves… Read More
Social Security survivor’s benefits provide a safety net to widows and widowers. But to get the most out of the benefit, you need to know the right time to claim.
Medicare covers preventative care services, including an annual wellness visit. But confusing a wellness visit with a physical could be very costly.
The number of older Americans with student loan debt – either theirs or someone else’s — is growing. Sadly, learning how to deal with this debt is now a fact of life for many seniors heading into retirement.