The Benefits of Pet Trusts
Pets provide a lot of enjoyment and comfort to their owners. Your pet is probably considered a valued family member. Since you love them, you give them the best life you can. But what if you were suddenly unable to…
Changing Tax Laws Affecting Retirement and Estate Planning
As part of the Inflation Reduction Act (IRA) and the SECURE 2.0 Act, tax provisions were recently incorporated. Lower-income household tax code changes will automatically take effect. Households of higher income and net worth may want to review their retirement…
How to Prepare Your Family for Unexpected Events
In case of unforeseen circumstances, such as an accident, incapacitation, or death, planning for the unexpected ensures you are prepared. If the COVID-19 pandemic taught us anything, it’s that life is uncertain and that caring for you and those you…
The 2023 Secure 2.0 Act
First major change in retirement legislation since 2006 was the Setting Every Community Up for Retirement Enhancement Act (SECURE). The impact of the SECURE Act on some retirees, near-retirees, and their future beneficiaries may significantly affect you, and it’s imperative…
Medicaid: An Overview
Millions of Americans receive comprehensive health coverage and financial protection through Medicaid, a federal and state public health insurance program. The program helps low-income families, individuals, and people with disabilities receive adequate health care and provides nursing home or community…
Medicaid Gift Penalties
The aging population is growing in the US and worldwide. People are living longer than previous generations, which means many of us will require long-term care. It’s estimated that seven out of ten Americans will need long-term care during their…
Helping Retirees Offset Inflation
Without significant course corrections, the forty-year inflationary high Americans have been experiencing will last well into 2023 and beyond. Bankrate’s Third-Quarter Economic Indicator poll projects inflation will be more significant than previous expectations over the coming twelve to eighteen months. Even…