You spend a large portion of your life and your hard-earned money on the concept of the American dream, buying and living in your forever home. Your home is a special place, filled with memories, love, and laughter. As you age, you might start asking yourself whether your home works with your evolving daily routines and needs.
It is important to update your estate plan when you move and in response to a variety of other significant life events. Click here to learn more.
If you are considering preparing a will, this is a great first step in planning for the future. After reflecting on the basics, such as whom you want to be in charge of administering your wishes, you may wonder if there’s anything you shouldn’t include in your will. The answer is yes. There are some things that you should avoid.
It is tough to know when you should step in and help your parents with their finances. You may go back and forth about when to take over. Depending upon the steps your parents have taken when they're well, such a decision may be entirely out of your control. Determining whether your parents still have the cognitive ability to manage their affairs is difficult. A recent report reveals why it is important to encourage them to properly place their affairs in order while they still can.
November will mark National Family Caregivers Month. You may have a caregiver in your life to whom you wish to bestow your gratitude by designating them as an heir in your estate plan.
Creating intergenerational wealth with estate planning is a critical component of passing wealth from generation to generation. Click here to learn more.
The Social Security Administration has announced that its beneficiaries will see a significant increase – totaling nearly 9 percent – in their monthly Social Security checks come January 2023.
Millennials continue to see an uptick in planning for the future and estate planning. Yet, there are still too many adults in the United States without a plan in place. For more about millennials and estate planning, call an experienced lawyer at The Law Office of Aubrey Carew Sizer.
If medical personnel are able to access your medical history during an emergency, it could mean the difference between life and death.
Unfortunately, not all families get along. If you are having problems with one of your children, you may not want them to benefit from your estate. There are several strategies for dealing with an estranged child in your estate plan.
Nursing home evictions, or involuntary discharges or transfers, disrupt the lives of residents, leading to homelessness, separation from familial support systems, and loss of care.
Ensuring mental capacity is a critical part of estate planning. Click here to learn more.
An economy that is recovering from the pandemic faster than expected means that the Social Security and Medicare trustees are predicting that both programs’ trust funds will remain solvent longer than they forecast last year. While this is a short-term improvement, major difficulties loom unless Congress acts.
If you need a lot of cash on hand upon retirement, Social Security offers a lump-sum payment option that’s worth six months of benefits. However, it comes at a cost. It is important to understand the details before agreeing to the payment.