Who knows “Where Your Money Is?”

December 2, 2021

Even those who have saved and invested well may not be sharing their financial information with a spouse or loved one. It’s time to do that now.

Things to Know before Enrolling in Medicare?

November 24, 2021

Cleveland.com’s recent article entitled “6 things you should know about signing up for Medicare” gives us a few things you should know about Medicare: Who’s enrolled automatically? If you’re under the age of 65 and already receive Social Security benefits, you’ll be automatically enrolled in Original Medicare, which includes Medicare Part A (hospital insurance) and…

Can I Reduce Dementia Risk?

November 18, 2021

There are 6.2 million people living with Alzheimer’s disease in the U.S. alone, making it the fifth leading cause of death in the country. That’s roughly 1 in 9 people over age 65. That number is estimated to go up due to the COVID-19 pandemic. Unfortunately, these stats mean that many of us likely know someone with dementia or Alzheimer’s and may even have a family history of cognitive-related conditions.

What to Not Do With Your Estate Plan

November 9, 2021

If you do not learn from your mistakes, you are doomed to repeat them. In Estate Planning, if you do not learn from other’s mistakes, you are likely to repeat them.

Should I Add a Child to My Bank Account?

November 2, 2021

Would your loved ones have necessary access to your bank accounts after you die to help carry out your last wishes and handle arrangements?

Elderly Financial Exploitation Is Increasing

October 28, 2021

The Texas Department of Adult Protective Services (APS) recommended Tuesday morning that community members, aged 65 and older, keep their private information, like social security numbers, passwords, maiden names and bank account information, in a locked drawer or somewhere safe.

Should I Delay Filing for Social Security?

October 26, 2021

In a rush to file for Social Security benefits at age 62? Many people are, but slow down and do the math first – or you might regret it.

Should You Rule From the Grave?

October 7, 2021

There are many stories of strange conditions in wills and trusts over time. For example, the German poet Heinrich ‘Henry’ Heine died in 1856 and left his estate to his wife, Matilda, on the condition that she remarry, so that ‘there will be at least one man to regret my death’.

Death of Prince’s Brother Impacts His Estate

October 5, 2021

John R. Nelson was Prince’s brother and oldest brother. He was born in 1944.

What’s a Common Pot Trust?

September 29, 2021

A pot trust is a type of trust that lists children as beneficiaries, with the trustee using his or her discretion as to how trust assets should be spent. If you have minor children, you might consider setting up a pot trust to meet their financial needs, if something should happen to you. This type of trust allows you to create a single pool of assets to be used for the benefit of multiple children.

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