In order to make the most of your estate and government benefits, several factors need to be addressed before turning 65 years old. Overall the most crucial thing to do before turning 65 is to invest your time wisely crafting…
A complete estate plan must include a will, which is a legal document that disperses your property upon death. If you die without one (intestate), the state will distribute your assets and property via state law and quite possibly at…
Veterans have several educational and health care benefits offered through the Tricare and GI Bill by The US Department of Veterans. Even with these programs that help veterans and their families, other little-known services can improve their lives and ease…
If you are in the market for special needs housing, it is essential that you consider some important factors. The US Department of Housing and Urban Development (HUD) website lists state, local government, and other organizations that can help you.…
You would hope your living will was properly prepared and your resuscitation instructions or DNR (do not resuscitate) are in order. While your wishes in a living will may be appropriately documented, that does not guarantee the instructions will be…
As a married couple grows older, let’s use Ginny and George as an example, it is typical that they would like to leave their assets to their extended family when they pass. Unfortunately, Ginny was then diagnosed with cancer. She…
A rising number of retirees and aging Americans are using bankruptcy as an option to get out of debt. While medical advances are keeping seniors alive longer, the associated healthcare costs in the quest for longevity are being off-loaded onto…
According to Forbes.com, about half of all long-term care insurance claims are from policyholders living with dementia. The federally run program Medicaid is the primary financing mechanism of LTC where most of the monies are spent on institutional care settings…
When you say “I do” for a second or third time, the last thing you probably think about is losing money to fund your new spouse’s critical illness. But that could happen. Current costs for long-term care facilities can run…
A home, real property, is for most people the biggest part of their total net worth. How the home and other pieces of real property is titled deserves careful consideration. Real estate constitutes the land and any structure, including vegetation,…