When it comes to estate planning, many people think that simple is better and they might be under the assumption that a will is all they need. However, people might be under the impression that wills can avoid problems on death because the will outlines who gets the assets. However, what many people don’t realize… Read More »
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You Need to Update Your Beneficiaries at Least Once Per Year
It is a good idea to have your beneficiaries clearly listed on any account in which the company asks for it, including your retirement accounts and your life insurance policy. Set aside a calendar reminder every single year to sign back in or to contact these companies and verify that the beneficiary information is still… Read More »
Tips for Finding Retirement Volunteer Opportunities
Many individuals picture their retirement as being a time of quiet solitude but unfortunately, sometimes this isn’t always how it plays out. Individuals may wish to find a volunteer position in order to help them give back to the community as well as find ways to fill their time that are both meaningful and important… Read More »
How to Ensure That Your Estate Plan Reflects Your Life as You Get Older
Most individuals in their 50s have at least broached the subject of estate planning by consulting with a lawyer or taking a look at any wills that they’ve created years before. With many individuals today living well into their 70s and 80s, it is important as well to keep your estate planning documents up to… Read More »
Tips for Avoiding Social Isolation with Seniors
Whether you’re an adult child concerned about an aging parent or growing concerned about your own social isolation, recognizing the signs and symptoms is often the first step to be taken to protect yourself. Sadly, isolation for senior citizens is a relatively common issue. It’s something that family members and the senior should pay attention… Read More »
Planning Ahead for Aging in Place
If you’re looking ahead to your retirement and the years beyond, there’s a strong chance that you’d like to remain in your own home independently as long as possible. This is because a growing number of older individuals – not just in Massachusetts – but across the country want the same. This is referred to… Read More »
Moving Forward with Estate Planning When Your Spouse is Uncomfortable with It
As one part of a married couple, perhaps you put off estate planning because you need your spouse in order for it to be effective. If that’s the case, a non-cooperative spouse who doesn’t want to think or talk about it can lead to gridlock. That doesn’t mean estate planning is something you should ignore… Read More »
Do You Need an Estate Planning Audit?
Does thinking about your original estate planning documents conjure up images of meeting in someone’s office a decade ago when you first got married or when you had a child? Or was it in the more recent past, but there are numerous changes you’ve undergone in your life and family since then? If either one… Read More »
Multiple Reasons Why Your Estate Planning Needs a Lift This Year
As we quickly approach 2017, it is an excellent opportunity to review your existing estate planning documents and determine if you have fallen short. Unfortunately, far too many people make simple mistakes that can end up turning into big problems down the road if they are not careful. These simple mistakes often catch family members… Read More »
Key Tips to Help Maximize the Value of Parental Assets as They Age
There may come a time when your parents turn to you as the adult child and request your assistance in helping them put together their estate plan or manage their assets appropriately. This is a worthwhile concern as you or other beneficiaries may stand to benefit from all opportunities to minimize tax obligations and maximize… Read More »