001-Senior Moments Podcast
In this episode we examine the importance for seniors to consider planning their affairs for Medicaid qualification.
Articles
Is Estate Planning Only for Your Finances?
Many people think that financial benefits are the only ones obtained by planning. Although the most obvious benefits of your estate plan are financial in nature, there are many other nonfinancial benefits as well. Identifying a guardian to serve for pets or for children or even protecting non-traditional assets like a stamp or gun collection [...]
What You Need to Keep in Mind After Selling Your Business
The process of preparing a business succession plan is only half of the battle. Knowing what you intend to do after you sell your business is just as important. You need to call in professional help to manage the proceeds of a major business sale and you may also need to be prepared to know [...]
Adjusting Your Assets for Medicaid?
Planning ahead for Medicaid is an obvious step that most people in retirement contemplate at least once. Don't fall for the assumption that Medicare and Medicaid will automatically cover all your expenses if you suddenly find yourself in need of long-term care. Medicare only covers certain expenses and Medicaid kicks in only once you have [...]
Financial Advisors & Estate Planners Can Work Together
Estate planning is a comprehensive process that may involve multiple professionals who can assist you with determining the right strategies for planning ahead for your future. A good financial advisor is someone that you will need at some point in your life and the estate planning process is a great opportunity to identify one if [...]
Retirement Saving Going Digital
There is a good chance that you've probably been sorting away most of your retirement funds in a traditional account, however, digital capability in millennials may be the key to making changes in how retirement savings occur. If you are looking to boost retirement assets, millennials have a larger share of the available market and [...]
Effectively Shopping for Long Term Care Services
Unfortunately, there is a huge disconnect across America about who will be paying for long term care and the total cost. There are several common alternatives to paying for long term care insurance to assist you. These include: Low or no cost, in which your friends, family or spouse pitches in to take care [...]
Is It Possible to Be Too Early in Drafting Up a Will?
Is someone age 18 too young for a will or other estate planning documents? You might think so initially, but having a plan is always beneficial, particularly if you have special plans for your belongings or assets. In conjunction with a will, other tools like a power of attorney can even help a college student [...]
Getting the Most Out of Your Individual Retirement
Most people who are approaching retirement age are asking a similar question; what will it be like? Others assume that they'll take a couple of months off and then determine what happens from there. Somewhere between the fear about filling your days and lethargy may be the perfect opportunity for your retirement. It’s important to [...]
Why Is Retirement Planning So Important for Women?
Everyone can benefit from the process of estate planning, but it’s more important for women than it is for men, frequently because many women do not think about the estate planning process. First of all, women tend to live longer and despite advances in gender equality in the United States, women still shoulder much [...]
