With about 40% of adults in the U.S. foregoing life insurance, it makes sense to discuss how this can affect family members and close friends. For those of you who have played a part in financing a funeral when an uninsured family member or friend has passed away, certainly, you are intimately familiar with the […]
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 […]
A recent survey funded by The SCAN Foundation found close to four in 10 Americans, age 40+, believe Medicare and Social Security will pay for long-term care. The need for continuing care services and support to assist with activities of daily living will increase as the population ages. The group will require help with cooking, […]
Most seniors have not saved enough money for retirement much less compiled a carefully thought out plan for the future. In total, more than 40% of households headed by people aged 55 through 70 lack sufficient resources to maintain a living standard in retirement, a Wall Street Journal analysis concluded. That is around 15 million […]
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 […]
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