Legally establishing a trust does not put money into it. Perhaps you or your parent(s) visited an attorney at some point and had a trust document drafted. There are many kinds of trusts, but most are created to hold accounts or other items of value (assets) that...
Review and Possibly Change Your Medicare Plan(s) Annually It may be your plan or that of a loved one who needs help, but unless you have a plan that is subsidized by an employer, it makes good ‘cents’ to review your plans each year during the Open Enrollment Period. ...
Advanced Planning 101 Avoiding mistakes that can derail your efforts Broadly speaking, there are several stages to managing your estate. Much of it has to do with paper and, increasingly, digital documents. To have an estate plan, it must get written down. It...
Addressing Medicare Confusion Whether you are caring for someone on Medicare, or you have been on it for years, there can be a lot of confusion during the annual renewal process, which is always October 15th to December 7th. If you have an employer-sponsored plan,...
Procrastinator by nature? If you are not prone to planning ahead, this could be your wake-up call. James, age 38, went around a corner on his motor cycle, was struck by another vehicle, and landed in the hospital with brain trauma. Sarah, age 52, was out with...
A Journey Worth Taking Money is one of the most emotionally laden topics to discuss with a family member. You have to realize that the conversation is not A conversation, but a series of trust-building exchanges. It is best to start long before a crisis situation...
