With parts of the country in the midst of peak hurricane season, and other regions of the country approaching the dangerous wildfire and flooding seasons,… Read More »7 Tips to Protect Valuables in a Natural Disaster
The traditional notion of retirement – a switch from full-time work to full-time leisure – is becoming a thing of the past for millions of Americans. In fact, according to a recent UnitedHealthcare survey* of 1,000 nationally representative Americans 62 and older, 24 percent of those who did retire chose to re-enter the workforce.
Read More »How Delaying Retirement Can Affect Your Medicare Enrollment
Some of the terms and acronyms (an abbreviation of the first letters of words in a phrase) people use when they talk about Social Security… Read More »Social Security Terms in Plain Language
For many elders, and their loved ones, determining when they are no longer safe on the road is a difficult and heart wrenching process — but ignoring the issue can be dangerous.
So when does an older driver — or a concerned family member or friend — know when it’s time to turn in the keys?
Charitable donations have the dual purpose of saving taxes and supporting valued causes. For individuals with substantial estates, this could mean hundreds of thousands of dollars in tax savings. Charitable trusts are an ideal way to accomplish this goal. The rationale for the different treatment of charitable trusts is that society wants to encourage charitable giving.
Typically, the same rules that apply to formation and governance of a private trust apply to charitable trusts. The primary differences include that charitable trusts must benefit a charitable purpose, that a charitable trust is exempt from the rule against perpetuities and is therefore easily modified, and that the state attorney, rather than ascertainable beneficiaries, is the primary party with standing to enforce a charitable trust.
Suitable charitable purposes include objectives like the relief of poverty (giving of property to help the poor), the advancement of Read More »What is charitable giving – and is it right for you?
What are your options if you’ve recently been diagnosed with a serious illness?
Being diagnosed with a serious chronic illness like diabetes, heart disease or multiple sclerosis is not only life-changing, it’s also complicated. Just figuring out how to pay for your prescribed medications, making sure your prescriptions are filled and available when you need them and remembering what medications to take and when is almost a full-time job. Thankfully, as more and more seniors embrace technology, there are new digital tools and resources available to help them manage their healthcare costs and live healthier lives.
Read More »Tips to help seniors afford and manage critical medical treatments