When the Department of Veterans Affairs sends you a letter about your benefits, you might find it pretty dense. It’s hard to wade through all of the information, and it’s tempting to just skim it and set it aside.
Don’t do it. It’s very important to read through the letter carefully Continue reading
Estate planning and probate issues are often misunderstood. For example, many people believe that estate planning is important only for extremely wealthy people, but that isn’t true.
You can benefit by taking steps now to plan for retirement, pass property down to heirs and ensure Continue reading
You want to do all you can to help your child, who has special needs. You know there are benefits and government aid programs.
One key thing to avoid is giving the child assets that may accidentally disqualify him or her. In many cases, experts note that a person with over $2,000 Continue reading
You are going to leave money behind to an individual with disabilities that prevent that person from working, and you are trying to figure out the best way to do it. Should you leave that person a direct inheritance or should you set up a special needs trust?
What you choose is Continue reading
The number of Americans who are 65 years old or older has been climbing for decades, and it is predicted to keep doing so. Some believe that by 2050, one out of every five people in the country will be at least 65.
As noted, that’s part of a larger trend. In 1950, the 65-year-olds’ Continue reading
One of the biggest mistakes people make with estate planning is simply putting it off. They procrastinate. They forget about it. They don’t want to talk about. They figure those are decisions best made another day.
In some cases, the real reason is that they do not want to think about Continue reading
One thing you want to think about when doing long-term care planning is your life expectancy. Of course, things like accidents and disease can cause anyone to pass away well before this age, but it still gives you a reasonable figure when planning financially for a realistic future. Continue reading
Over roughly the last two decades, attitudes about long-term care have changed. One expert noted that the change started around the year 2000.
Generally speaking, it’s something people think about more now than they have in the past. They’re concerned, even worried. They’re interested Continue reading
Estate planning is critical, and it’s far more than just making a will. You also need to think about things like long-term care planning, Medicare, Medicaid, Social Security and much more.
The financial impact of even one small mistake can be huge. With that in mind, here are five Continue reading
If your parent is suffering from dementia — or you know an elderly person who is — you might relate to the story that follows. A woman started looking for an assisted living facility for her mother, who was in an advanced state of dementia. Later, she discovered that her mother Continue reading