Thanks in part to the economic impact of the COVID-19 pandemic, don’t bank on a big cost-of-living adjustment (COLA) for your Social Security benefits in 2021.
Although there is often a progression of complexity in estate planning, this progression generally follows stages in life rather than specific ages.
The list of things you need to do after someone dies can seem endless, especially during a time when you are also grieving.
Second honeymoons are definitely romantic. A third is even more so, unless maybe if each was with a different person. Nothing wrong with that, but it is a game-changer. The will or agreement you wrote 20 years ago, which maybe you have misplaced or forgotten, may not reflect your current thinking — or soulmate.
Almost three times more Americans are killed by dementia than previously thought, new research has found.
A revocable trust is great for many reasons, but it does NOT protect assets from nursing home expenses.
Death is not a favorite conversation topic. However, we all know it is something we must at some point discuss. The loss of a close friend or family member, or an event, such as the COVID-19 pandemic, seems to bring the topic to the forefront.
The period leading up to and shortly after losing a close relative is often one of the most emotionally demanding times that we, as humans, experience.
The coronavirus pandemic has certainly caused havoc and concern for many people, particularly in regard to their health and their finances — and these two areas intersect in estate planning. So, if you haven’t drawn up your estate plans yet, or you think they may need to be revised, now may be a good time to act.”
Retirees have a choice about when to claim their Social Security retirement benefits, but for most people, 62 is the earliest age at which you can start them.