There tends to be a lot of excitement in the air as one approaches retirement. Contemplating how to spend one’s golden years represents the culmination of decades of hard work and the ability to enjoy the fruits of one’s labor. While the enthusiasm is warranted, it’s also crucial to make some important financial planning decisions before the fun begins.
Deciding when to start receiving Social Security retirement benefits is an important decision. Making the wrong choice could cost you.
As part of your estate planning, don’t forget to consider a power of attorney.
My aunt recently asked me to be the executor of her will when she dies. I’m flattered that she asked, but I’m not sure what exactly the job entails.
Although there is often a progression of complexity in estate planning, this progression generally follows stages in life rather than specific ages.
Regardless of the pandemic, experts say it’s important to plan for when you’re not here—that is, give thought to what would happen to your bank accounts, your home and your belongings, as well as, perhaps, your dependents.
A revocable trust is great for many reasons, but it does NOT protect assets from nursing home expenses.
Lewy body dementia reached the public eye in 2014, after reports that Robin Williams died with diffuse Lewy body disease. However, despite the fact that Lewy body dementia is the second most common dementia, it remains frequently unrecognized.
Two years ago, the Trump Administration quietly began a review of the nation’s long-term care (LTC) insurance system, focused primarily on ways to enhance private coverage.
If you are like many moderately successful Americans, chances are you are worth more dead than alive. In many cases a lot more.
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