Should You Cut Retirement Savings Efforts During the Pandemic?
Take the money you’d normally save for retirement and put it into an account for emergencies.
Preparing for an Emergency Includes Power of Attorney
If you experienced a temporary illness or needed someone to quickly step in to pay your bills, would your finances be organized enough for them to handle?
If Not Now, When? Is It the Time for Estate Planning
Estate planning attorneys are getting mobbed with questions. Here is some timely advice from three attorneys on what families and business owners should be doing to prepare, in case the unimaginable happens.
How to Assist Aging Parents During the Pandemic
How to Assist Aging Parents During the Pandemic If your parents are getting on in years, you may be helping them with their finances and other matters, such as medical visits and shopping. You may live close by and be…
Why Is Estate Planning more Complicated with a ‘Gray Divorce’?
Rising divorce rates among Americans over the age of 50 are causing more conflict in estate planning, new data shows. According to a recent survey by TD Wealth, up to 40% of financial planners say that rising gray divorce rates are leading to an increase in family strife with estate planning as the top conflict.
C19 UPDATE: Confused About Coronavirus Relief for Small Businesses and Independent Contractors?
Many small companies, nonprofits and freelancers are eligible for federal grants and low-interest loans. But confusion, delays and red tape abound.
How Do I Revoke a Trust on My Home?
I want to revoke my trust on my house. How much would this cost? I need to do this quickly and don't know how to go about it.
Medicare and Medicaid Will Cover Coronavirus Testing
Medicare and Medicaid Will Cover Coronavirus Testing With coronavirus dominating news coverage and creating alarm, it is important to know that Medicare and Medicaid will cover tests for the virus. The department of Health and Human Services has designated the…
Can My Heirs Be Handcuffed with an Annuity?
Lifetime income annuities, like Single Premium Immediate Annuities (SPIAs) and Deferred Income Annuities (DIAs), are irrevocable contracts with no liquidity. You will get all of your money back if structured properly at the time of application, but it will be in payment form.
Staying Connected to Family Members in a Nursing Home When Visits are Banned
Staying Connected to Family Members in a Nursing Home When Visits are Banned The spread of the coronavirus to nursing home residents has caused the federal government to direct nursing homes to restrict visitor access, and many assisted livingfacilities have…