Posted by Nina Whitehurst | Mar 14, 2019 |
Passing away quietly at home without pain is not a common occurrence.
Increasing the chances of achieving a peaceful death requires some careful planning as well as conversations with loved ones, according to The Wall Street Journal in “Preparing For a Good End Of Life.” You will want to make ...
Posted by Nina Whitehurst | Mar 13, 2019 |
So, do you think you don't have digital assets?
It may be very challenging to figure out the world of cryptocurrency. However, it is property as far as the IRS is concerned, according to Insurance News Net in “Westchester County Elder Law Attorney… Sheds Light on Cryptocurrency in Estate Plann...
Posted by Nina Whitehurst | Mar 13, 2019 |
A good plan accomplishes your goals when you are gone and protects your loved ones.Most people realize that they need an estate plan, yet the vast majority of Americans do not have one, according to the Lockport Journal in “Senior Spotlight: Composing the ‘family love letter.'”
Posted by Nina Whitehurst | Mar 12, 2019 |
The reason doesn't matter. When grandparents raise the grandchildren, legal advice is very important.
If you end up in the situation where you are bringing up your grandchildren, there are some legal issues you may need to face, according to the Record Herald in “Grandparents Raising Grandchil...
Posted by Nina Whitehurst | Mar 12, 2019 |
The need for caregiving often comes about unexpectedly.People often think they should make arrangements for a Power of Attorney or living will but unfortunately the need arises suddenly resulting in a challenging situation, according to Expert Click in “How to Get Power of Attorney for Aging Pa...
Posted by Nina Whitehurst | Mar 11, 2019 |
Protect your assets from being mishandled.
As you prepare an estate plan, consider a look at creating trusts to protect assets through the generations, according to the Times Herald-Record in “Leaving inheritances to trusts puts you in control.”
Posted by Nina Whitehurst | Mar 07, 2019 |
The 65th birthday is key when it comes to Medicare, and the deadlines are taken seriously.
Potential Medicare enrollees can face some pretty stiff late-enrollment penalties and they don't end, according to The New York Times in “If You Do Medicare Sign-Up Wrong, It Will Cost You.”
Posted by Nina Whitehurst | Mar 07, 2019 |
Social Security is likely to be very important to your retirement. But wait, the amount can vary.
Figuring out when to begin taking Social Security can be a real challenge, because the time to begin filling your claim ranges from the age of 62 to 70, according to the Independent Record in “The...
Posted by Nina Whitehurst | Mar 06, 2019 |
It may not be the best time when the pressure is on. However, read the contract and get some advice.
If you are preparing to move to a retirement community or care community yourself, it is best to read that fine print very carefully and better yet, get some legal advice before signing, accordin...
Posted by Nina Whitehurst | Mar 05, 2019 |
Want to go from Boomer lifestyle to sitting down? Probably not!
The idea of retirement as a time to settle down and no longer be an active citizen is being challenged by a generation that has so far changed every stage of living, according to Next Avenue in “How to Avoid Becoming a ‘Bored Boom...
Posted by Nina Whitehurst | Mar 04, 2019 |
Planning for retirement years is much more than looking after your bank account.
It is very important to prepare for old age. It turns out that it is frequently more than looking after your financial situation. It is also a good idea to prepare to remain independent and in good health, according...
Posted by Nina Whitehurst | Mar 01, 2019 |
More than 5.7 million people in this country are suffering from the disease.
More and more members of families are experiencing the dilemma of expressing their wishes before they become incapacitated from Alzheimer's Disease, according to USA Today in “B. Smith's Alzheimer's raises question: How...
Posted by Nina Whitehurst | Feb 28, 2019 |
If the legal documents aren't signed and notarized properly, there is a good chance that problems will arise.
A properly prepared will could have avoided many of the problems faced by a woman who thought she was protected, according to News 2 in “The power of a will and trouble without one.” Ms....
Posted by Nina Whitehurst | Feb 27, 2019 |
Trusts have been around for a very long time and it is important to understand how they work.
A trust can be quite complicated. That is why you need good legal representation in order to use one properly, according to the Pittsburgh Post-Gazette “Do I need a trust?”
Trusts are created by the ...
Posted by Nina Whitehurst | Feb 26, 2019 |
With the traditional family on a downward trend, the modern family is raising some new questions for estate planning.
The rising numbers of modern and blended families have created some challenges for estate planning, according to Forbes in “How Long Will Stepmom Live? And Other Vexing Estate ...
Posted by Nina Whitehurst | Feb 25, 2019 |
Giving for the tax break or to better your community? Or Both?
Some people donate to charities primarily for the tax breaks, so the U.S. Tax Cuts and Jobs act may cause them to review their charitable giving, says Barron's Penta in “How to Leave Assets—With an Immediate Tax Write-Off.”
Posted by Nina Whitehurst | Feb 22, 2019 |
Start planning long before a visit is needed.
Careful planning can often help patients with Alzheimer's to be more relaxed and comfortable if the day comes when a trip to the emergency room becomes necessary, according to The Advocate in “Alzheimer's Q&A: What should I know before taking someone...
Posted by Nina Whitehurst | Feb 21, 2019 |
“Charitable giving comes in many forms. Some people donate annually to their favorite charities, while others may volunteer their time or professional services. One way many people choose to give to charity, is to donate at the time of their death. Including charitable giving into an estate plan...
Posted by Nina Whitehurst | Feb 20, 2019 |
Social Security options need to be approached carefully.
Many people have been known to confuse “Restricted Application” with the “Claim and Suspend” strategy and that can cause some problems, according to Forbes in “Put Thousands In Your Pocket By Taking Advantage Of the Social Security...
Posted by Nina Whitehurst | Feb 19, 2019 |
If the clients wait until the last minute, panic can set in.
A woman and her team focus on the difficulties of the work as well as the emotional challenges faced by Baby Boomers who opt to downsize, according to Columbus CEO's article “Estate Planning and Retirement: How to Downsize Like a D...
Posted by Nina Whitehurst | Feb 18, 2019 |
Offers to leave your job with compensation are growing at a considerable rate.
The offering of early retirement has grown tremendously in the U.S. However, it is important to think the options through carefully, before making your decision, according to Money in “This Is the Only Time You Sh...
Posted by Nina Whitehurst | Feb 15, 2019 |
How many people over the age of 45 do not have a prepared will? Two out of Five!
Many people seem to have a difficulty getting started with an estate plan. However, it really doesn't take much to do the planning necessary to help family members who survive you, according to the Lebanon Democ...
Posted by Nina Whitehurst | Feb 14, 2019 |
It sounds financial but it isn't. It is all about the person's behavior in the relationship.
A fiduciary relationship is a legal relationship that includes responsibilities that can be enforced and it is important to look closely at it, according to the Denton Record-Chronicle...
Posted by Nina Whitehurst | Feb 13, 2019 |
Government regulations usually have less impact than family relations.
There are some big mistakes that farmers can make. It is best to be aware of them and avoid following in the footsteps of others, according to Ag Web in “5 Estate Planning Mistakes You Don't Want To Make.”
Posted by Nina Whitehurst | Feb 12, 2019 |
The tale might be light-hearted, but it is actually a dire position for the daughter.
Proper estate planning by Cinderella's father could have created an entirely different outcome in that very famous fairy tale, according to The National Law Review in “A Cautionary Fairy-Tale–If Only Cinder...