Many people believe that they are now old and don’t have to work anymore, but this isn’t the case anymore. With growing age, you learn many lessons, and one of these is to work as long as you can and put your experience to good use. It is best if you never relied on others, […]
If you want to convert your life insurance policy to an annuity—or are thinking about it—there are some key things to take into consideration. Imagine this scenario: Tom will retire in a few years. Decades ago, he opened a life insurance policy to provide security for his young family. His children are grown now and […]
Where are you hiding assets? Are they stored away in a locked trunk in your attic? Are they located in boxes stacked on the back wall of your moldy basement? Or did you pile your valuable art and antiques in an off–site storage unit located two towns over from your house? Death and Family Hunt for […]
Making sure your end-of-life wishes are followed no matter where you happen to be is important. If you move to a different state or split your time between one or more states, you should make sure your advance directive is valid in all the states you frequent. An advance directive gives instructions on the kind […]
A financial power of attorney is a valuable legal document that ensures that your financial matters will continue to be handled – should you become incapacitated and unable to do so yourself. However, placed into the wrong hands, these documents can become a license to steal. Understanding Financial Powers of Attorney – Are They a “License […]
The post Understanding Financial Powers of Attorney – Are They a “License to Steal”? appeared first on SeniorNews.
Final expense insurance is an option you may consider as you organize your retirement details. In the event of your death, having a plan in place can help family members take care of your funeral and related expenses—without financial stress. But where do you start? There are many options to cover end-of-life costs. Additionally, talking […]