If you have designated someone to receive the assets inside your retirement account after you pass away and you then take a loan, there are other things to consider before you pull out these funds. If you fail to return the money and pass away in the interim, the loved one you intended to receive […]

When contemplating your estate plan in full, it’s a good idea to ensure that you have more than one person listed on your accounts asked for beneficiary info. Usually these accounts will be your life insurance, your brokerage accounts, and retirement accounts. Outside of your will, these accounts have their own forms regarding beneficiaries and […]

When it comes to looking towards future, there are many different components you need to consider. If you have a will, a simple trust, and a life insurance policy in which you’ve named beneficiaries, you may assume that you’ve taken care of all of your crucial end of life planning.  However, you’ve only managed your […]

Most people assume that estate planning is only for the extremely wealthy but that is not the case. Do you have elderly parents? Assets like a bank account? A home? Grandchildren or children? If you have any of these, it’s important to have a comprehensive estate planning and it goes beyond more than just planning […]

The long-term care landscape for Medicaid is changing quickly and this may cause us to consider as a society how to reconsider the way that we get personal assistance as we age or become disabled. Nearly half of all states in the country are currently provided long-term care benefits through Medicaid as managed care, and […]

Far too many studies show that Americans who are most in need of estate planning have done absolutely nothing to protect themselves. Some of the most common estate planning mistakes can have a significant impact not just on you but also on your beneficiaries when you pass away. Here are the most common mistakes you […]

Planning ahead for your retirement is important in conjunction with your estate planning. A study by Fidelity Investments recently identified that up to one-third of people hope to make financial resolutions they can stick to.  There are six different tips that you can follow to ensure that your retirement goals stay on track. These include: […]

As you or your elderly parents age, there will frequently come a time when a new level of care becomes important. This is the appropriate time to consider how Medicaid can help assist with your financial planning but it is also time to consider whether or not it makes sense to have in-home care or […]

  If you are not saving enough for your retirement, then you might want to consider adjusting your health and exercise habits to allow you to work longer. A new study from the Transamerica Center for Retirement Studies identified that 39% of people globally who retired earlier than they expected, 29% of them did so […]

Being an art collector can be a hobby that you work on over the course of your life. Many art collectors discover, however, that their children may not be interested in the valuable collection that has been amassed. This presents the unique quandary when it comes to estate planning for the art collector. As with […]