Recent Blog Posts
New Homeowner Checklist: 3 Things To Do ASAP!
Congratulations on the purchase of your new home! Whether this is your first home or an upgrade/downsize, the purchasing of a home is a big event in your life. When these major life changes occur, it is important that you are properly prepared. To get you started, we have put together a brief new… Read More »
2 Basic Estate Planning Documents Every College Student Should Have
If you are preparing to send your son or daughter off to college to pursue higher education, you may be wondering how their first semester of school will go. During this exciting new chapter in your family’s life, the last thing you may be thinking about is estate planning for your college-aged child. While… Read More »
How an ABLE Account Helps Those with Special Needs
The Achieving a Better Life Experience (ABLE) Act was signed into law in December of 2014. The purpose of the ABLE Act was to provide individuals and families the ability to finance disability needs tax-free. The savings vehicle provided by the ABLE Act is similar to the 529 education savings plan. The Act allows… Read More »
Caring for Mom & Dad: Senior Living Options for Elderly Parents
As Americans age, senior living options can become a concern. Often, the responsibility falls on adult “children” to research and choose the best living options for elderly parents. Available options are tied to the resources a senior has to cover living costs, and vary widely in cost, assistance, and care provided. In addition to… Read More »
Understanding Hospice Care
What is Hospice care? Hospice care can be very difficult for families to come to terms with, but can be a beneficial care option for those caring for a terminally ill loved one. The purpose of hospice is to provide comfort and quality of life for a terminally ill person. Hospice can allow the… Read More »
Elder financial abuse and Medicaid: How are they related?
A major problem faces Americans as they grow older – Elder Financial Abuse. But did you know that there is a documented link between elder financial abuse and Medicaid denials? What is Elder Financial Abuse? Elder financial abuse is a growing issue for Americans. Studies show that $2.9 Billion are lost every year… Read More »
Medicare vs. Medicaid: What’s the Difference?
Medicare and Medicaid have long been a mystery to many consumers. In fact, it can baffle and confuse even some of the smartest citizens. Like me, you might have thought, “I don’t need to worry about this right now.” However, it is never too early to gain a little understanding and awareness that just… Read More »
Creative Financial Approaches to Long-Term Care Planning
Long term care insurance was sold aggressively in the 1980’s, 90’s and thereafter to offset the costs of seniors needing to live in a nursing home or assisted living facility, or needing at-home health care. Now, however, the business of long term care insurance has dramatically changed. What was once over 100 insurers providing… Read More »
Financial Plan. Tax Plan. Legacy Plan. Estate Plan. How many plans do I need?!
Most folks have at least heard of an estate plan. But fewer realize that a simple will is not enough to prepare for your future. In fact, a combination of plans – financial plan, tax plan, legacy plan, and estate plan – are vital to your financial well-being and protection of your assets and… Read More »
3 Critical Documents to Update After Divorce
A divorce can be heartbreaking, emotional, overwhelming or even liberating, depending on the individual’s prospective. However, the work does not end once the divorce decree is signed. In order to ensure that your assets and estate planning wishes are carried out in light of this major life change, there are three critical documents to… Read More »
