You may not want to think about your future medical needs. But illness or injury could leave you unable to speak or understand what is going on. Your loved ones may need to decide on what care you want without knowing your wishes. To ensure that your family and your...
Month: October 2019
Trusts and ABLE accounts: providing for your special needs child
Your special needs child’s Social Security benefits often don’t cover extra expenses that let your child live comfortably. As the parent, you buy anything your child may need to have a good quality of life. But what happens when you are no longer around? Your child...
How to maximize your social security benefits
As you inch closer to retirement age, you might have financial concerns since you will no longer be receiving a steady income. You may wonder if you can live off your social security benefits alone. Nine out of ten people over the age of 65 receive social security...
What type of trust is right for me?
Trusts can be a valuable asset protection and distribution tool. Trusts are utilized for various reasons, including tax and inheritance purposes as well as creditor protections. It is important to properly fund your trust with assets. Otherwise, your assets may not be...
Finding the right nursing home is important
Caretakers want to ensure their elderly loved ones are placed in good hands when they can no longer provide for themselves. When an older adult has their medical, social and emotional needs met, it can give them a smoother transition into the end stages of their life....
Tips for finding an experienced estate planner
While many Americans avoid estate planning, it’s a crucial part of financial planning for every family regardless of age or how much money they have. Estate plans include wills, trusts, power of attorney and health care directives as well as distributing assets after...