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What You Should Know About Social Security Funding Uncertainty

Social Security benefits, which are funded through 2 trusts, may not be available for much longer. The US Social Security Administrations funding trusts are known as the Old-Age and Survivors Insurance (OASI) Trust Fund and the Disability Insurance (DI) Trust Fund. In their annual report to Congress, the Board of Trustees has published some startling […]

How to Avoid Probate and Keep Your Family out of Court

Many people have been told that it is important for people to “avoid probate.” But just because people may have heard that term, doesn’t mean they know exactly what probate means, why it can be a problem or how to successfully avoid it. In this post, we will take a look at the term probate […]

Common Misconceptions About Power of Attorney

A durable power of attorney is one of the most important estate planning documents you can have.  It allows someone who you appoint (your agent) to make decisions on your behalf in the event you become incapacitated. If you have not appointed an agent then your friends and family may not have the authority to […]

How Does Divorce Impact Medicaid?

Harry and Wanda got married late in life. This was their second marriage, and both had children from the prior marriages. The couple wanted their children to inherit from their respective parents, so Harry and Wanda signed a prenuptial agreement to keep their property clearly separated. Unfortunately, Harry was then diagnosed with Alzheimer’s. Medical bills […]

Things You Should Know About the Fiduciary Rule

On March 15, 2018, the Fifth Circuit Court of Appeals ruled that the United States Labor Department acted outside of its authority by creating the fiduciary rule and no longer has the authority to enforce this Obama-era protection for retirement savers. The fiduciary rule required financial advisors to act solely in their clients’ best interest […]

Does Your Estate Plan Warrant More Than Just A Will?

    Roughly half of all Americans don’t have a will, so if you’ve already taken this vital step to protect your assets and successors then congratulations are in order – you’re already ahead of the curve. While a will is a necessary document that every person who owns assets should have, it is still […]

How Does a Prenuptial Agreement Impact Your Estate Plan?

George and Ginny had a great marriage, with an extended family to whom they wanted to leave everything when they passed. Unfortunately, Ginny was then diagnosed with cancer. She began to worry: What could happen if she died before George did, and George remarried? Or vice versa? What if the second spouse started pushing to […]

Baby Boomers Wield the Most Financial Power of Any Living Generation

The baby boom generation is comprised of those Americans born 1946-1964, and according to the US Census Bureau (Bureau of Census), their numbers are estimated to be 73 million strong. This number represents nearly 20 percent of the American public. As they enter their 60, 70, and 80th decades, their influence will help to guide […]

Why It Is Important to Routinely Check Your Estate Plan

You should check your estate planning documents every so often, to make sure they’re still good, especially with big life changes like births, marriages, divorces, and moving to another state. Children grow up, marriages dissolve, property gets sold, residences change. That’s why we recommend that you consult us for an estate-plan check-up every five years […]

Early Warning Signs of Alzheimer’s You Should Know

Identifying early signs of dementia may result in the best opportunities for treatment, support and planning for the future. There are signs an individual and the loved ones can look for that can help individuals and family members recognize the beginnings of dementia. If you have concerns about any of the following possibilities, encourage your […]