Succession and estate planning can be challenging for farm and ranch property and related livestock, equipment, and other personal property. There is a common misconception that federal estate taxes threaten farm or ranch property, preventing assets from getting to rightful…
The challenges of being a caregiver won't be apparent until you become one. Many people choose to take on this challenge because it involves someone they care for. In the US, 53 million people have assumed this role and then struggled to…
The flu, pneumonia, COVID 19, and other contagious diseases disproportionately affect residents in nursing homes and other long-term care facilities. According to the American Family Physician Journal, a flu outbreak in a nursing home often affects 20 percent or more…
Having an estate plan ensures that your assets, interests, and those you care about are protected after you die. Unfortunately, many individuals make costly mistakes without proper advice and guidance from a qualified estate planner. Beyond undermining your intent and…
Nursing home care, assisted living, in-home care, and adult foster care are covered by Medicaid if an individual meets the income and assets thresholds. As a result of these rules, many candidates give away their money and resources to qualify.…
The thought of dying or becoming seriously ill or injured is not on the minds of many young parents. As unlikely as such a serious event is when we are young, it is a possibility. This is why we pay…
Keeping your adult children in the dark about their inheritance can have costly consequences. Knowing how their inheritance situation will affect their financial planning can help them make better decisions. These are practical matters of allocating resources for things like…
Increasingly, senior consumers are focusing on wellness and affordable solutions to improve and maintain greater physical and mental health. For seniors to thrive and flourish in retirement, technology and reliance on community and home-centered care is a game changer for…
People are living longer than previous generations in the US and around the world, so many of us will need long-term care in the future. It’s estimated that seven out of ten Americans will need long-term care during their lives.…
SECURE (Setting Every Community Up for Retirement Enhancement Act) introduced the first major changes to retirement legislation since 2006's Pension Protection Act. The impact of the SECURE Act on some retirees, near-retirees, and their future beneficiaries may significantly affect you,…