Many questions regarding the effects of a personal injury settlement on your Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) benefits or whether you should apply for SSDI benefits while pursuing a personal injury claim simultaneously are situational…
One of the most difficult challenges in life is contemplating one's own death. Nevertheless, it is very important to think carefully about what kind of medical treatment we would want during that difficult time. With medical technology, we can now…
As digital assets become more prevalent, traditional estate planning elements become obsolete. Cryptoassets, including cryptocurrencies like Bitcoin and non-currency blockchain tokens, may comprise a significant individual wealth. In estate planning, addressing complex challenges such as securing, transferring, protecting, and ultimately…
The loss of a spouse is a difficult experience emotionally, spiritually, and financially. An estate plan and tax planning are usually handled by one spouse, and a widow(er) may find herself in a complicated financial position with more questions than…
Based on findings from the US Department of Health and Human Services, almost seventy percent of retirees in America will need some type of long-term care (LTC), with average annual costs for such services ranging between $53,768 and $105,850, according…
Waiting to discuss finances with your aging parent, who may be in cognitive decline, is a mistake, according to financial experts. Gathering all the information necessary for a thorough financial assessment of their aging needs will take time. When your…
When it comes to inheriting property or money, most parents treat their children equally. However, sometimes parents choose not to leave anything to their children, and the reasons for doing so may vary. Parents might not feel the need to…
While having open and honest family discussions about your mortality is a sobering experience, it is prudent. Though no one relishes the idea of their demise, with some forethought, you can ensure that your estate plan and healthcare arrangements reflect…
You may be asked to be power of attorney for a family member or friend. Your person may be planning for when they might become unable to take care of their affairs. For example, they might become disabled or incapacitated,…
When your child turns 18 (in most states), it might be hard to imagine that little child who once needed you for everything has now become – overnight – an adult. Now your child is free to vote, marry, apply…