The SECURE Act, Setting Every Community Up for Retirement Enhancement seeks to make Individual Retirement Accounts (IRAs) more appealing for Americans of all backgrounds.
The electronic infrastructure that powers our digital lives, including seniors aging in place, in retirement communities, assisted living facilities, and in nursing homes, is a service often taken for granted.
Now that you are an adult, it is time to start thinking like one. The first step is meeting with an experienced estate planning attorney to ensure that you are properly protected now that you have the responsibility to plan for these issues..
Life is full of surprises and twists, and not all of them have a positive effect on the psyche. However, once a senior is in the grasp of depression, it is often difficult to find release.
Huck Bouma celebrates with attorney Heinz Brisske, the recipient of the WealthCounsel Drafting Award. Heinz received this award at the WealthCounsel Symposium 2019, held in Boston, MA.
Estate planning for married couples can be tricky when one spouse is significantly wealthier than the other, and each spouse wants different beneficiaries to ultimately inherit their estate. One solution to this problem is the Lifetime QTIP Trust.
How you will be able to assess accurately and pay for skilled nursing facility care should the need arise is currently mired in change. Social programs like Medicare and Medicaid set standards; however, most of the facilities only meet federal guidelines part of the time.
While it’s certainly possible to begin the estate planning process without your spouse, there are some things to consider.
As we age, simple things we took for granted as kids become more difficult -- and more expensive. That’s a truth all of us know. What you may not realize is that the aging middle class will face unique difficulties going forward.
For most people, the phrase “power of attorney” means very little. Even for those educated on the subject, it is easy to forget exactly who serves what role and why. Whether you are unfamiliar with the concept or simply need of a refresher, keep reading to learn what it means to be an agent under a financial Power of Attorney, called a Power of Attorney for Property in Illinois.