Reasons Reviewing Your Will Ensures That Your Estate Plan Reflects Your Current Wishes
Reviewing your will is something that many people know they should do but often put off. However, various life circumstances and legal changes can significantly impact your estate planning needs. Ensuring that your estate plan, including your will and other estate planning documents, reflects your current situation is essential for peace of mind and securing your beneficiaries’ future. Why Is it Crucial to Review Your Will Regularly? Your will is not a static legal document. As your life changes, so also might your wishes regarding how your assets are distributed after your death. It’s common for relationships, financial circumstances and…
Social Security Scammers Embracing Artificial Intelligence
AI-driven fraud is on the rise, and that includes Social Security scams. Thieves are using artificial intelligence to get personal information that can be used to access benefits.
How Can I Conduct a Family Meeting about Family Wealth Planning?
When there is a large inheritance at stake (or even when there isn’t), it is a great idea to get everyone on the same page. A family meeting can make that happen, and it can even be enjoyable.
Scammers Try to Trick Seniors with Medicare
The federal government is warning people with Medicare about scam artists offering ‘free’ COVID-19 tests.
Can I Avoid Costly Medicare Mistakes?
Workers who are nearing age 65 and have health insurance through their job may want to consider how Medicare could factor into their medical coverage.
What If I Become a ‘Sudden’ Caregiver?
While the sudden caregiver has no preparation, no warning signs or slow changing of circumstance, the long-term caregiver certainly experiences situations of crisis.
Seniors Be Careful: Elder Financial Exploitation More than Doubled Since COVID
While we all hope to age gracefully, we need to prepare for the potential risks of aging as it relates to investing and financial wellbeing.
Special Needs Planning
Estate planning should always be customized to each individual creating a plan. This is particularly important when planning for beneficiaries with disabilities.
Social Security Cost of Living (COLA) Modest Increase in 2024
Social Security COLAs are tied to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), a measure of price changes for a selection of goods and services, including food, energy, and medical care, that is reported monthly by the federal Bureau of Labor Statistics.
Drawbacks to Medicare Advantage Plans
If you have a Medicare Advantage plan and require a brief stay at a nursing home or rehabilitation facility, you could be in for an unpleasant surprise, according to a Kaiser Health News report.
