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Can You Trust Your Financial Advisor?

One of the hot topics that have recently come into the public eye is whether or not you can trust your financial advisor. It turns out that depending on the title that your retirement advisor uses, they may or may not be working in your best interests.
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By |July 21st, 2016|Uncategorized|0 Comments

Are Your Elderly Loved One’s Wishes Being Ignored?

One of the reasons to come up with a complete estate plan is to ensure that the wishes of your loved one are being followed when they are unable to make decisions for themselves. This can be done in quite a few different ways. There may be a written list of wishes such as a living will or other document that spells out how affairs are to be managed. Another common way for wishes to be administered to is by the appointment of a personal representative.
Whatever the reason, if you feel that your loved one’s wishes are not being followed, there are things that you can do to remedy the situation.
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By |July 19th, 2016|Uncategorized|0 Comments

Is Your Home too Big for Your Retirement?

You started out with a smaller starter home. Once you had built up some equity, and the kids began to get angry at having to share bunk beds, you moved to a larger home with room for everyone─you turned that starter home into one that was perfect for your larger family. Now that you are looking at retirement and those rooms are empty, does it make sense to stay in the larger family home?

Downsizing your home may be the right decision. Here are some things to consider while trying to decide if it is time to downsize your home.

 
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By |July 14th, 2016|Uncategorized|0 Comments

Avoid These Retirement Mistakes

The idea of retirement is great. No longer beholden to the corporate machine, you are free to travel, get things done around the house, play golf or spend time with your children and grandchildren.

While everyone has that same idyllic view of retirement, the truth is that it can be just as much work as your working life. There are many pitfalls that you should avoid in order ensure that your retirement is successful. Here are some of the more common mistakes you can make in retirement and how to avoid them.

 
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By |July 12th, 2016|Uncategorized|0 Comments

Making Extra Retirement Cash

Just because you retired does not mean that you are ready to stop working altogether. While you may be done with your chosen career, there are plenty of ways that you can make a little supplemental income while you are retired.

Here are some options for setting up small services that can net you a little side money to supplement your retirement income.

 
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By |July 7th, 2016|Uncategorized|0 Comments

Things Every Good Estate Plan Should Have

So you have made the decision to work on your estate plan. That is a great start. Before you head out and find a quality elder law attorney like Stano Law group, there are some things to consider.
Every good estate plan has some common elements. To make the most out of your time with your attorney and be more productive, you should have some of these elements thought out beforehand. Here is a list of those common elements you should be thinking about for your estate plan.

 
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By |July 5th, 2016|Uncategorized|0 Comments

Are the Elderly at Risk for Eviction from Nursing Homes?

When an elderly loved one has to move out of their home to a nursing home it can be a difficult time. Usually the decision is made due to the level of care that is needed. Staying at home is no longer an option and so they must be moved to a facility that can take care of their medical and daily needs.

Increasingly, it seems that nursing homes are taking to evicting residents. The AP reported this story seemingly showing that this issue is getting worse. Are these residents being evicted for the right reasons? Is there any recourse that a family can take?

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By |June 30th, 2016|Uncategorized|0 Comments

Wills and Trust Compared and Contrasted

If you are getting ready, are in the middle of, or have just completed your initial estate planning meeting with your law attorney then you may be considering several different options. Two of them may be a will and a trust, respectively. They both ultimately do the same job of protecting and distributing your money but they do that job in very distinct ways. Here are some of the major things that a trust and a will do differently, as well as a few that they do the same.

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By |June 28th, 2016|Uncategorized|0 Comments

Why People Avoid Estate Planning

 

Estate planning is something that many people avoid. It is perplexing because having a good estate plan not only protects you but it protects your loved ones and beneficiaries once you are gone. In spite of this, many people simply continue to put off estate planning with a litany of excuses. Unfortunately without a good estate plan they may end up costing themselves or their loved ones in the end. Here are some of the more common excuses as to why people avoid estate planning:

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By |June 23rd, 2016|Uncategorized|0 Comments

Estate Plan: Who Cares about your Probate Process?

Probate is a process that will happen to an estate after a person is gone. It is a very public accounting of the estate, including debts, assets and often who beneficiaries are. Even if specific beneficiaries aren’t listed by name, it can usually be figured out pretty easily.

Many believe that the probate process is private if a will is filed for the estate. This is not true. All wills are a matter of public record; which means that anyone can be looking at it. Why does it matter and who really cares?

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By |June 21st, 2016|Uncategorized|0 Comments