Earlier this year many seniors were concerned with the projected prices for Medicare part B. Initially, Medicare part B monthly premiums were projected to increase by some 30 percent for new enrollees. However, thanks to a bipartisan budget act signed into law in...
Life insurance is one of those necessary tools that often goes overlooked or underappreciated until it comes time to cash it in. Many people know that life insurance plays an important role in their estate plan, but few people see it as a useful asset in their...
Con artists and scammers know no boundaries when trying to solicit money from unsuspecting people. Seniors and retired individuals are at high risk of falling victim to these tactics. Lying and deceit are part of the game, and unfortunately for many the game is afoot...
While doing research about long-term care planning, you've probably come upon a few sources that don't paint a very pleasant picture. Resource and article titles like "How to stay sane while caring for loved ones" to "Caring for aging parents: What not to do" probably...
You may feel a weight lifted off your shoulders after creating your estate plan. However, your estate plan is not just a one-time thing you complete. You need to review your estate plan and update it accordingly to make sure everything is up-to-date and accurate as...
It is a common misconception that in order to receive Medicaid benefits, an individual must be poor. This simply is not true. In fact, with proper planning many people can receive Medicaid benefits while protecting their assets and property from the threat of spend...
If you are considering giving gifts as a part of your estate plan, you may be concerned with how taxes may impact your plans. While estate planning can be complex, gift giving is commonly used as a way for individuals to protect their estate and bestow loved ones...
Financial struggle knows no prejudice. Hard times can hit anyone regardless of their job, education or family status. Even individuals that are the beneficiaries of trusts can go through a period of financial hardship. People in this situation may wonder what claim a...
There are many different situations in which a person may need additional help making decisions or caring for themselves. Whether an individual is assigned as a power of attorney or guardian, their duties are relatively similar but the reasons for doing them are very...
In what could be the largest increase in Medicare costs since the program's inception, recipients could see their Medicare part B premium skyrocket to 50 percent higher than last year. The New York Times reports that the rise in Medicare costs are closely linked to a...