Financial elder abuse has been described as the fastest growing type of crime in the U.S. To avoid having this happen with your senior loved one, it is important to be aware of the dangers. A study conducted by the…
Financial elder abuse has been described as the fastest growing type of crime in the U.S. To avoid having this happen with your senior loved one, it is important to be aware of the dangers. A study conducted by the…
As companies divert the costs of health insurance to their employees, health savings accounts (HSAs) and health reimbursement accounts (HRAs) have become increasingly popular. According to the Employment Benefit Research Institute (EBRI), adults in the U.S. retained $23.8 billion among…
Although men’s 401(k) balances tend to be larger than women’s, there is evidence to suggest that women may outperform men where retirement planning is concerned. Vanguard observed that at the majority of income levels, women are more inclined to take…
The reverse mortgage rules that became effective on Aug. 4, 2014 should address any concerns held by married couples who are contemplating taking out such loans. Reverse mortgages, which are also called Home Equity Conversion Mortgages (HECM), are home loans…
“Spending down” your assets is the term used to describe the reduction of your assets in order to qualify for Medicaid. There are some assets that are not required to be sold or spent in order to be eligible for…
Spending down your assets is the term used to describe the reduction of your assets in order to qualify for Medicaid. There are some assets that are not required to be sold or spent in order to be eligible for…
The new reverse mortgage rules that became effective on Aug. 4, 2014 should allay any fears or concerns held by married couples who are contemplating taking out such loans. Reverse mortgages, which are also called Home Equity Conversion Mortgages (HECM),…
Many older Americans who need help with activities of daily living, such as hygiene and medication, have trouble affording the assisted living services they need. Fortunately, there are a variety of alternative funding options available. Many of these options leverage…
Digital assets represent an aspect of your estate that needs protection as much as the more traditional assets in your estate. In fact, someone who is acting as a personal representative, a conservator or a trustee, has a legal duty…
Millennials face the least certainty about the future of Social Security by the time they reach retirement, making retirement planning essential for this group. Money put away earlier in life will grow much more than money put away later, thanks…