Avoid These Inheritance Mistakes
Dealing with death and receiving an inheritance is an emotional time following the loss of a loved one. The loss of a loved one is sad, but the influx of funds can bring joy or relief. It can be hard…
Having a Discussion About Estate Planning With Your Parents
The topic of estate planning can be difficult for most of us to discuss with our parents. Even broaching the subject can seem daunting. Despite the challenging nature of this subject, it is one of the most important conversations we…
Baby Boomers Are Not Prepared For Retirement
Bankers Life Center for Secure Retirement commissioned The Blackstone Group to perform a study of how prepared baby boomers really are for retirement, and the results are troubling. According to the survey above, the bleak financial reality of this demographic…
Helpful Tips You Can Utilize to Help Pay for Assisted Living Costs
Assisted living rent can vary from $2,000 to $5,000 monthly. Depending on what type of care your loved one needs, assisted living can be the most affordable solution when compared to a nursing home ($5,000 to $10,000 or more per…
What You Need to Know About The Senior Safe Act
Often a senior does not report financial abuse or identity theft because they are unaware, embarrassed, or worse, they think that someone will deem them mentally unfit and they might be “put away” as a consequence of having been exploited.…
How to Prepare for Life After an Alzheimer’s Diagnosis
An initial Alzheimer’s diagnosis can be a very emotionally taxing time for the loved one and their family members. It is common that your loved one may experience a progression similar to the stages of grief. During this time, it…