by Christine | Aug 19, 2014 | Elder Law, Medi-Cal, Medicare, Retirement Planning, Tax Planning |
The best time to discuss finances with your parents is when they are competent, self-sufficient adults. Planning ahead and seeking out the appropriate professional financial assistance on their behalf can help ensure your parents enter their golden years in the most...
by Christine | Jul 24, 2013 | Elder Law, Long Term Care, Retirement Planning |
Long-Term Care, LTC, planning is one aspect of retirement planning that many people overlook. They don't want to cover the additional expense of LTC policies, and find it difficult to plan for care that they might not need for years down the road. Before becoming...
by Christine | Jun 26, 2013 | Estate Planning, Individual Retirement Accounts (IRA), Investments, Retirement Planning |
If you want to use your IRA to buy real estate, you need to understand what you can and can’t do. Did you know that IRAs can be used to own other types of assets, such as investment property? Most taxpayers don’t know about some great tax advantages gained with IRAs...
by Christine | Mar 6, 2013 | Estate Planning, Retirement Planning, Roth IRA |
Seniors who convert a regular IRA into a Roth account can reduce their estate taxes and eliminate the income tax their heirs would otherwise have to pay on withdrawals taken from an inherited regular IRA. Seniors who convert a regular IRA into a Roth account can...
by Christine | Jan 1, 2013 | Retirement, Retirement Planning |
Study results showed that nearly two-out-of-ten people already in retirement still want to “keep up with the Joneses” when it comes to their quality of life and financial independence. Competing with our peers is instinctive. If the neighbors have an expensive...
by Christine | Dec 19, 2012 | Retirement, Retirement Planning |
There’s no one-size-fits-all when it comes to saving the right amount for your golden years — which is part of what makes retirement planning so nerve-wracking for a lot of us. While planning for retirement isn’t an exact science, financial experts agree on a...
