Consider a Health Savings Account for Retirement
Health Savings Accounts (HSAs) are a relatively new way to save for out of pocket health expenses. While they can be used prior to the age of 65 only for medical expenses that are carried out of pocket, there are some interesting options that an HSA provides for retirees that [...]
Are You Insured?
Life insurance is a good idea. Most estate plans should include a life insurance policy. Even if you think you have enough to cover all of your expenses, unforeseen circumstances can make it necessary to have basic life insurance coverage. How much should you have and what should you cover? [...]
Inherited IRAs and Bankruptcy
Generally speaking, retirement funds are protected assets when a person files bankruptcy. This generally means they cannot be taken away as part of a bankruptcy. What about a situation where you leave an IRA to a beneficiary who has filed bankruptcy. The Law May be Unclear The rulings can vary [...]
Two Reasons to Consider a Trust
You may think that a trust is only for the rich and famous. The fact is, you don’t have to have a whole lot of wealth to consider a trust. Trusts can provide many things that a regular will or estate planning may not be able to cover. Here are [...]
Estate Planning for the Digital Asset
You probably don’t consider your Facebook account or your twitter feed a digital asset. You may not even use those (or other) online services. The fact is though; every paperless credit card or frequent flyer account that you have is a digital asset. While many state governments are still struggling [...]
What to do With Tangible Wealth
When the topic of estate planning comes up many times tangible wealth can be glossed over or forgotten. With a focus on investments, monetary assets and real estate the amount locked up in tangible assets may be missed. Depending on the state you live in there can be complex tax [...]
Adult Day Care for Veterans
If you are caring for an elderly loved one a major issue you may be having is keeping them socially active. If your loved one is unable to get around like they used to and spends a long time by themselves in their home, then an Adult Day Care program [...]
Aid for Elderly Veterans
If you or a loved one are an elderly veteran who receiving a pension, you may be able to take advantage of some additional programs that offer assistance to vets. These are for veterans who may be in a nursing home or aging at home and need additional care. Aid [...]