19 05, 2023

Why You Should Designate Beneficiaries

2023-05-19T07:53:47-04:00May 19th, 2023|

According to WealthCounsel, over a third of Americans have experienced or witnessed familial conflict when someone dies without an estate plan. While most people believe having an estate plan is important, only a third have a plan in place, per Caring.com’s 2023 [...]

15 05, 2023

Affordable Housing Options for Low-Income Older Adults

2023-05-15T02:32:01-04:00May 15th, 2023|

Safe housing that meets older adults’ needs is essential to healthy aging in communities. Many seniors with low, fixed incomes struggle to balance housing expenses with the costs of health care, transportation, and groceries. Finding inexpensive, safe, and accessible housing [...]

5 05, 2023

Avoid Foreclosure With Repayment Plan for Reverse Mortgages

2023-05-05T07:03:19-04:00May 5th, 2023|

Using reverse mortgages, adults 62 and older may draw upon home equity to support their needs and remain in their homes. Many older adults with reverse mortgages have a Home Equity Conversion Mortgage (HECM). The Federal Housing Administration insures HECMs, and the U.S. [...]

27 04, 2023

6 Facets of Estate Planning That LGBTQ+ Couples Should Know

2023-04-28T07:46:19-04:00April 27th, 2023|

Estate planning is an important consideration for all couples. However, for LGBTQ+ couples (or former couples), it may be more important than they realize to review their circumstances and see whether they have an estate plan that accurately reflects their [...]

24 04, 2023

When Does Someone Need Financial Guardianship?

2023-04-23T16:24:31-04:00April 24th, 2023|

When individuals cannot manage their finances, courts can appoint guardians. Financial guardianship is for those who need help handling money. Depending on the jurisdiction, financial guardianship may also be called guardianship of the estate or conservatorship. In cases where individuals [...]

21 04, 2023

Should I Explore Qualified Longevity Annuity Contracts?

2023-04-21T02:44:16-04:00April 21st, 2023|

In late 2022, the federal government passed legislation known as the SECURE 2.0 Act. Provisions in this bill have made it easier for people to fund certain annuities that can delay taxes on their retirement funds until the age of [...]

17 04, 2023

Where Medical Research May Fit Into Advance Planning

2023-04-17T02:31:49-04:00April 17th, 2023|

Medical research helps professionals understand and improve disease treatment, diagnosis, and prevention. According to the U.S. National Library of Medicine, there are more than 139,000 registered clinical studies in the United States as of 2023. Thinking about taking part in medical [...]

14 04, 2023

When Should I Include a Pour Over Will in My Estate Plan?

2023-04-14T03:38:03-04:00April 14th, 2023|

In creating an estate plan, you are proactively taking steps to ensure that your assets will be distributed according to your wishes in the wake of your death. One tool available to you in estate planning is known as a [...]

10 04, 2023

Don’t Wait Until You’re Sick to Create an Estate Plan

2023-04-10T09:34:04-04:00April 10th, 2023|

In the wake of the pandemic, rising inflation, mass shooting tragedies, and other events, more people recognize that they need to plan for the future. Yet while financial planning has been at the top of many Americans’ minds, a vast [...]

7 04, 2023

Why Hire an Elder Law Attorney?

2023-04-07T06:04:57-04:00April 7th, 2023|

Elder law attorneys may specialize in estate planning, incapacity planning, and end-of-life care for seniors. These practitioners are essential because they work to protect a vulnerable population. To plan for their future and their care, seniors and their families should [...]