by Christine | Dec 10, 2012 | Retirement Planning |
An AARP survey found that more than 80 percent of us want to stay in our homes as we grow old. And as boomers go, so goes the remodeling industry. These days, preparing for retirement doesn’t just mean stabilizing your finances, preparing your estate,...
by Christine | Dec 7, 2012 | Estate Planning, Inheritance, Religion |
Some planners caution that being too restrictive in an estate plan in an effort to pass on religious values—say, disinheriting children who marry outside the faith—can create divisions within a family and spark extended, costly legal battles, all while failing to have...
by Christine | Dec 6, 2012 | Charitable Giving, Philanthropy |
Eli Broad applies three key questions to the “philanthropic investments” he makes: “Would it happen anyway? If it’s going to happen anyway, we don’t make the investment,” he says in a video clip. “Two, will it make a difference 20 or 30 years from now? And lastly, is...
by Christine | Dec 5, 2012 | Financial Planning, Lottery Winner |
“If you've never had the comfort of financial security before, if you were really eking out a living from paycheck to paycheck, if you've never managed money before, it can be really confusing. There's this false belief that no matter what you do,...
by Christine | Dec 4, 2012 | Cost, Long Term Care |
People who identify the specific services their loved ones need, haggle aggressively on price and explore alternative-care options can save money—or at least get more care for the money they do spend, experts say. It’s no secret that people are living longer due to...
by Christine | Dec 3, 2012 | Estate Planning, Parents, Retirement |
Adult children and their parents recognize the need to talk about inheritance, eldercare and retirement planning issues, but nearly one in two adult children do not feel like they’ve had sufficient conversations with their parents about these issues … Discussing...
by Christine | Nov 30, 2012 | Charitable Giving, Gift Tax |
As the tax year draws to a close and the holidays evoke feelings of goodwill, nonprofits count on getting the lion's share of donations during this crucial fourth quarter. While unemployment stats in recent months have been better than expected, experts predict a...
by Christine | Nov 29, 2012 | Elder Care, Medicare |
Medicare processed 906 billion outpatient insurance claims in 2010 – and refused to pay 10 percent of them. But if you're a senior on Medicare with a denied claim, your odds of turning that around are surprisingly good if you appeal. Few things are more...
by Christine | Nov 28, 2012 | Estate Planning, Will Contest |
One could only imagine what George Jefferson — the wise-cracking character who was “movin’ on up” on the 1970′s TV hit, The Jeffersons — would have said about this predicament. The body of actor Sherman Hemsley, who played George Jefferson, has been kept on ice...
by Christine | Nov 27, 2012 | Blended Families, Estate Planning, Trusts |
Numerous studies show a senior widower is much less likely to stay single than his female counterpart… [and that] often leaves the question of how the father can protect the children’s inheritance if there is a second wife in the picture. In that case, a trust may be...
