Author Archives: Noreen Murphy

When Your Parents Lose Their Independence

Moving is always a stressful experience. But for an elderly person who may be forced to give up his or her home — and possibly independence — it can be downright traumatic. However, an article I read last week in … Continue reading

Posted in Caregivers, Elder Care, Nursing Homes, Seniors | Leave a comment

Williams Took Care Of His Kids

It seems nobody can resist reading the juicy details of the life and death of a beloved celebrity and I am no different. But some of the stories are simply salacious, while others are instructive. This one I found on … Continue reading

Posted in Activities, News, and Updates, Asset Distribution, Estate Planning, Inheritances, Trusts | Leave a comment

Estate Planning With A Second Family In Mind

More and more people are getting married a second time and find themselves with two families. Estate planning for one family is hard enough, but it can be quite complex if you have a second one to provide for. That’s … Continue reading

Posted in Blended Families, Estate Planning, Remarriage, Wills | Leave a comment

Get Your Estate Plan Right

A column I came across in the Wall Street Journal the other day got right to the point when it comes to estate planning. Start out by making a will. The column quotes a financial advisor from Illinois who says … Continue reading

Posted in Baby Boomers, Estate Planning, Special Needs Children, Trusts, Wills | Leave a comment

Actor Hoffman Made Mistakes With His Will

I came across an interesting article recently about the actor Phillip Seymour Hoffman and how he made numerous mistakes in his estate planning that are going to impact his partner and kids. I thought his story could serve as a … Continue reading

Posted in Estate Planning, Estate Taxes, Inheritances, Trusts, Wills | Leave a comment

Caring For Spouse Tougher Than Caring For Parent

This blog post is one that many of us in a certain age group will find hits close to home. I found this article on dailyfinance.com and it talks about the difficulties we encounter when caring for an ill parent … Continue reading

Posted in Caregivers, Married Couples | Leave a comment

Boomers Should Be Saving

I recently came across an article on AARP.com that I thought would be important for baby boomers to read. The message: keep saving for retirement. The article noted that many people who could be saving are not doing so. One … Continue reading

Posted in Baby Boomers, Finances, Retirement Planning | Leave a comment

Tips On Getting A Good Night’s Sleep

If you have trouble sleeping, you might want to think about what—and when—you eat. One rule of thumb is to avoid eating anything 30 minutes before bedtime. Another is to make sure your after-dinner snacks are on the lighter side. … Continue reading

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Some Thoughts About The Purchase Of Long-Term Care Insurance

The United States Department of Health and Human Services estimates that approximately 70 percent of Americans over the age of 65 will need some type of long-term care. Contrary to what many people believe, Medicare does not cover long-term custodial … Continue reading

Posted in Long Term Care, Medicare | Leave a comment

Should You Ever Borrow Money From Your 401(k)?

I recently came across an interesting article in USA Today about borrowing money from retirement accounts, and whether it is ever a good idea to do so. The article cited some surprising statistics. For example, a new study by TIAA-CREF … Continue reading

Posted in Finances, Retirement Planning | Leave a comment