January 10, 2019

Retirement Challenges Facing Women

For women, securing enough retirement income can be a daunting proposition. Generally speaking, women face two significant hurdles to overcome to achieve a comfortable flow of retirement income. One hurdle involves longevity, and the second deals with earning power. Women have a longer life expectancy than men do in the US. The Social Security Administration […]

Estate Planning
November 15, 2018

Lost Will and Testament

You wouldn’t believe how often a Last Will and Testament goes missing. You also wouldn’t believe what a mess that causes for the heirs. Most people think it is enough to keep their Will in a convenient place at home. However, that isn’t enough security for so important a document. For instance, what happens if […]

Estate Planning
May 25, 2018

What if the plane goes down with the whole family?

Yuck what a thought! But every estate plan should address this possibility. Most people plan to pass their assets on to the next generation … to their sons or daughters or grandchildren. However, sometimes the worst possible scenario can happen. The whole family, including the heirs to the estate, pass away in the same accident. […]

Estate Planning
May 10, 2018

Uncomfortable Questions No One Wants to Answer

Thinking about death is uncomfortable and thinking about our own death is something all of us tend to avoid with a passion. It also explains why so many people are reluctant to take on the task of estate planning. Still, there are some uncomfortable questions you do need to ask yourself before it is too […]

Estate Planning
April 27, 2018

“I Want a Simple Will” Really?

So you say all you need is a simple Will. Are you really sure about that? If your goal is simply to pass on your assets to your heirs, you might be right. On the other hand, if you wish to provide your loved ones with asset protection, tax protection, divorce protection or other benefits, […]

Estate Planning
March 1, 2018

Build a Fortress for Your Beneficiaries

The question of how to leave your assets to your beneficiaries deserves considerable thought. For instance, outright distribution to a child with special needs can interfere with government benefits your child may be receiving. What about a child you know is not financially responsible … should you give them the assets outright, stagger the distribution […]

Beneficiaries, Estate Planning, Trusts
February 12, 2018

About those Reverse Mortgages and Probate

Basic Stuff Reverse mortgages have come to the forefront of many retirees’ minds in the past five years or so. Simply put, a reverse mortgage is a home equity loan. Unlike a conventional loan, the borrowed money can be received in a number of ways: a lump sum, a monthly payment amount, or a home […]

Estate Planning