Inherited IRAs: Why Did IRS Guidance Create Such Confusion?
The SECURE Act was intended to increase accessibility to tax-advantaged accounts and help older adults avoid outliving their assets. One change brought about by the…
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Should Lawyers Keep Their Clients’ Original Documents?
Sometimes only the original of something will do. For instance, you usually need original estate planning documents to probate a Will or use a power…
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Sometimes Online Power Of Attorney Forms Can Do More Harm Than Good
A simple Google search will turn up several sites that provide free or inexpensive legal forms. But just because something is easy does not necessarily…
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The New Stimulus Package Offers More Than Checks to Some Retirees
The COVID-19 public health emergency harmed many vulnerable members of society, including retirees. In addition to health problems, the disease brought with it financial issues…
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Can a Sibling with a Financial Power of Attorney Dictate Their Parent’s Social Calendar?
Our closest relationships are often with family members. But family relationships can also be our most complicated. Aging parents may begin to rely on one…
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Retirees, Don’t Miss These Critical 2021 Dates
As retirees, you might focus more on enjoying retirement instead of working on retirement plans, taxes, and healthcare. However, important dates are coming up in…
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FAQs About COVID-19 Stimulus Checks
Even with extensive news coverage, questions surround the government’s COVID-19 stimulus check programs. This article should answer some of the most frequently asked questions. Am…
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How to Talk to Your Aging Parents About Finances
About 64% of us feel stressed about money, according to a recent study by the American Psychological Association. Anxious feelings about money do not necessarily…
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A Simple Guide to Claiming and Maximizing Social Security Benefits
Over 64 million people received some form of Social Security benefits in October 2020. The majority received retirement benefits. Likely, many of these recipients did…
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Backdoor Roth IRA: Take Advantage of Low Tax Rates While You Can
Saving for retirement is a top priority for many people. Fortunately, there are programs and investment options to help people make the most of their…
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A Long Term Care Benefits ~ Important Update
Three years ago, the Veterans Administration issued proposed regulations that were to significantly reduce the number of veterans eligible to receive enhanced pension benefits if…
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Is Contactless Estate Planning Possible During COVID-19?
Everyone needs an estate plan. But with COVID-19 restrictions, preparing one might seem difficult or even impossible. By adapting to our current limitations and harnessing…
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