Our firm is very proactive about community outreach and education. When you understand why estate planning is important you invariably feel compelled to take action for the benefit of those that you love. One way that we make solid information available is through our website and right here on this blog. A great resource that you may want to explore is our library of informative free estate planning reports. We offer a number of reports on many different specific topics, and they … [Read more...] about April Indianapolis Estate Planning Seminars
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How Long Will You Continue Working?
People are working longer than they did a couple of decades ago according to research that has been compiled by the Sloan Center on Aging & Work at Boston College. While you may want to work even if you don't have to, it is certainly a good idea to make this choice on your own. You don't want to be forced to work when you are in your late 60's, 70's, and perhaps beyond out of financial need. And even those who would like to be working may not be capable of doing so at some point in … [Read more...] about How Long Will You Continue Working?
Youthful Wisdom Yields Long-Term Results
Some retirement planning experts have suggested that people should begin thinking about retirement when they are still in college. It is certainly true that you can never start saving too soon. The quality we know as "wisdom" is often thought of as being the exclusive domain of those who have a considerable amount of life experience. This may be true to some extent, but sometimes young people can make wise decisions as well. When you do the math you have a considerable amount of time to … [Read more...] about Youthful Wisdom Yields Long-Term Results
A Single Reason to Plan Ahead for Possible Incapacity
In truth, incapacity can strike anyone at any time. One of the most widely publicized examples of this was the case of Terri Schiavo. She was in her 20's when she fell into a vegetative state due to full cardiac arrest. The above having been stated, incapacity is obviously something that is more likely to strike people who reach an advanced age. Though there are many different causes of incapacitation, the mere existence of Alzheimer's disease alone is enough to make … [Read more...] about A Single Reason to Plan Ahead for Possible Incapacity
Estate Planning and the Kindness of Strangers
Peter Barton, who played Dr. Scott Grainger on the soap opera The Young and the Restless back in the late 80's and early 90's, and Kevin Brophy, who starred on the Lucan television series that aired for a couple of years during the 1970's, recently came into inheritances. The windfalls that these two veteran actors received were very much unexpected. A fellow named Ray Fulk died in Illinois over the summer. He was the owner of about 160 acres of property that has been appraised at … [Read more...] about Estate Planning and the Kindness of Strangers
Wife and Girlfriend of Kinkade Settle Case
We reported on this story some time ago but there has been a new development. A last will that is constructed completely by hand is called a holographic will. The painter Thomas Kinkade, who died last April, apparently executed two different holographic wills leaving significant resources to his girlfriend Amy Pinto. One can legally construct a holographic last will, but in the case of Thomas Kinkade there were some complications. These documents were very poorly written and … [Read more...] about Wife and Girlfriend of Kinkade Settle Case
Will Challenges: What Are the Legal Grounds?
Some people hear about the topic of last will challenges and they see a one-sided picture. This perspective involves a disgruntled party who cannot deal with the final wishes of a family member. Rather than accepting the decedent's right to make his or her own decisions the indignant individual in question decides to challenge the validity of the will. The fact of the matter is that there are those who may step forward out of a sense of being slighted personally without really having … [Read more...] about Will Challenges: What Are the Legal Grounds?
Special Pension for Service Members Who Need Living Assistance
Living assistance is very expensive, Medicare won't pay for it, and of course most senior citizens are living on a fixed income. This is not the best combination of circumstances. People who have served in the military may be able to tap into a benefit that they have earned to help them address the expenses that they may incur if they need help with their day-to-day needs. This benefit is called the Veterans Aid & Attendance special pension. To qualify you have to be able to … [Read more...] about Special Pension for Service Members Who Need Living Assistance
Are You Sure a Reverse Mortgage Is a Good Idea?
A home equity conversion mortgage is a reverse mortgage that is fully backed by the United States Department of Housing and Urban Development. To obtain one of these mortgages you must be at least 62 years of age and have significant equity in your home or own the residence outright. The government wants you to understand exactly what you are getting into when you take out a home equity conversion mortgage. As a result you must undergo a counseling session with an approved … [Read more...] about Are You Sure a Reverse Mortgage Is a Good Idea?
2013 Average Social Security Payouts
We are all aware of the fact that the economy hasn't been at its best over the last several years. A lot of Americans are finding it challenging to simply make ends meet in the present. As understandable as this may be you don't want to be in denial about the future. Just about everyone would like to retire someday. And, even if you truly enjoy working and are capable of doing what you do as a senior citizen you probably want to work on your own terms. Most of us pay into … [Read more...] about 2013 Average Social Security Payouts
