Category: Estate Planning
Your estate planning attorney will know what you need and when. When you meet with an estate planning attorney, the circumstances vary because you may meet when you are bringing up children or you may meet when you are living in an empty nest, according to the Houston Chronicle in “Learn about legal documents and […]
More Americans may have opportunities to invest in retirement plans. There are many difficulties that arise during retirement and both the U.S. Senate and the U.S. House are moving to ease those burdens, according to Next Avenue in “Will the SECURE Act Really Bring Retirement Security to Older Americans?“. With record numbers of retirees declaring […]
You will need an executor. The position needs considerable thought before making that decision. There are many questions asked of potential executors, including are you willing to take on such a role and are you comfortable with accepting the role, according to The Huntsville Item in “Role of an executor“. Sometimes a person is confused […]
Many retirees head for warmer climates and states friendly to retirees. New Mexico, Florida and Arizona are gaining retirees, while New Jersey, Maine and Connecticut are losing them, according to CNBC in “Retirees are flocking to these 3 states—and fleeing these 3 states in droves“. A survey was conducted recently by the moving company United […]
Not enough savings and too much spending? You move along through life and perhaps think about retirement, but some people do not plan retirement, until they are in their mid 50s. The result? Mistakes have already been made, according to The Street in “Avoid These Big Mistakes in Your Retirement Planning“. The biggest, most obvious […]
The chances of needing one, increases with age. A Health Care proxy is good protection and, since the chances of a health crisis occurring increases with age, many people put it off with disastrous results. However, it is important to take your time and choose carefully, according to Forbes in “How to Select A Health […]
Who would not want to receive a legacy letter from a loved one? Debby Mycroft coaches people on writing ethical wills to leave behind for their loved ones. She has never known of anyone who was unhappy to receive a legacy letter, according to Next Avenue in “The Ethical Will: Life Is About More Than […]
If financially possible, one payment can bring you steady income until Social Security kicks in. Delaying Social Security is a good idea, if possible, because the longer you wait, the greater the benefits. However, what do you live on between retirement and beginning to receive your benefits? One way is looking carefully at the world […]
What position is a spouse in if they do not have a legal claim to property? A kind-hearted practice is often to allow a surviving spouse, who does not own the property, to remain in the home after their loved one has passed away. However, that can sometimes be a challenge, says The Union in […]
College support, birthdays or just plain giving has its distinct advantages. Many people are considerate about gifting to help family, friends and society because there really is more to it than receiving a tax advantage, according to the New Hampshire Union Leader in “Lifetime (noncharitable) giving has many advantages—and not just for tax purposes“. Lifetime […]
