What to Look for in a Pre-Paid Funeral Plan
Prepaying for your funeral is one way to ease the burden on your family following your death and make sure your wishes are carried out. But pre-paid funeral plans come with risks, so you need [...]
What to Look for When Buying an Annuity
An annuity can be a useful tool for long-term care planning, but annuities are also complex financial products that are hard to understand. If purchasing an annuity, you need to consider your [...]
Estate Planning When You Have a Stepfamily
Ideally, when a second marriage joins two families together, it should be a joyous occasion that creates one bigger family unit. Unfortunately, it too often also creates inheritance fights [...]
Most Are Taking Social Security at the Wrong Time
A new report finds that almost no retirees are making financially optimal decisions about when to take Social Security and are losing out on more than $100,000 per household in the process.
What Is a Trust Protector and When Might You Need One?
A trust protector is someone who is appointed to watch over a trust that will be in effect for a long time and ensure that it is not adversely affected by any changes in the law or [...]
Why Plan Your Estate?
if you postpone planning until it is too late, you run the risk that your intended beneficiaries -- those you love the most -- may not receive what you would want [...]
Who Can Serve as Executor?
One important reason to have a will is to be able to name your executor (also called a personal representative). An executor is the person responsible for managing the administration of your [...]
New Rule May Make It Harder for Medicare Beneficiaries to Receive Home Care
It may become harder for Medicare beneficiaries to find home health care due to a new rule. Although the rule changes the way home health care providers are reimbursed, it could affect patient [...]
Medicaid's Asset Transfer Rules
In order to be eligible for Medicaid, you cannot have transferred assets recently. Congress does not want you to move into a nursing home on Monday, give all your money to your children (or [...]