ESSENTIAL STEPS TO ACCOMPLISH YOUR GOAL
Start Early and Get Help - Lack of planning may have disastrous consequences. Planning for special needs families often involves several financial, legal and benefits-related strategies. Assembling a team of qualified professionals to advise you will take time. A financial advisor, estate planning attorney, benefits coordinator, trustee/trust company, family physician/registered [...]
Normally, seniors receiving social security benefits see a 2-3% increase in their benefits each year. For the first time in decades, there may not be a cost-of-living adjustment. For some, social security checks may be lower when factoring in Medicare Part B premiums. Most, however, are protected by a provision that ensures Medicare premiums don’t [...]
Planning your estate, whether young or old, is very important. Sound advice from your accountant, financial advisor, insurance agent and estate planning attorney can help you plan for whatever bumps in the road you encounter during your lifetime. Younger couples must establish a financial plan to make sure they provide for their children and can [...]
LITTLE KNOWN PROGRAM CAN PROVIDE HELP FOR VETERANS
One often unclaimed, but very valuable program available to veterans is the VA aid and attendance benefit. This program was created to help veterans, veterans and spouses or surviving spouses by providing financial assistance to help defray the costs and expenses with assisted living or at home care. Generally, [...]
Elder law is an area of law that encompasses any legal issue facing the elderly. It is often associated with estate planning but can involve much broader social, economic and health related difficulties facing aging Americans. Some of the concerns that become more important to us as we grow older and may require more careful [...]
Being a parent comes with great joy but significant responsibility. It is no different for parents of children with special needs. In some situations, careful planning can be critical to address a family’s financial needs. Parents must not only plan to care for their children during their lives, but they must also take steps to ensure they [...]