2020 Estate Planning Advice
Failing to ensure that your asset titling and beneficiary designations are coordinated with your estate plan, can lead to unintended costs, taxes and outcomes.
Ethan Huizenga
March 25, 2020
Do You Need a Revocable Trust?
Probate can be a long, arduous, and costly process—especially in states that aren’t considered probate-friendly. Enter a workaround that is being used by an increasing number of people: revocable living trusts.
Ethan Huizenga
March 24, 2020
When Is It Time For Dad To Stop Driving?
Older drivers these days are keeping their licenses longer and logging more miles on their cars than in the past, according to the Insurance Institute for Highway Safety. Nevertheless, fatal crash rates do tend to increase considerably after age 70 and reach their peak among drivers 85 and older.
Ethan Huizenga
March 23, 2020
Financial Elder Abuse Is Growing
A suspicious email, a strange phone call from an unknown number, an overzealous financial adviser, a close family member: what’s the connection between all these people and things? It’s financial elder abuse.
Ethan Huizenga
March 21, 2020
Will Your Estate Plan Work Now?
Under the new law, not only must all of the tax on IRAs and plans benefits be paid much earlier than it was before, but the rate will likely be much higher too, since that income will be bundled into the recipients’ peak earning years.
Ethan Huizenga
March 20, 2020
Relying on Social Security Alone for Retirement
About 40% of older Americans may be relying exclusively on Social Security for income, according to recent research.
Ethan Huizenga
March 19, 2020
Our Knowledge of Early-Onset Dementia
Some health care facilities in our area say they are seeing more cases of early-onset dementia than ever before.
Ethan Huizenga
March 18, 2020
Creating an End-of-Life Checklist
An End-of-Life Checklist can avoid any confusion or questions that may arise among different family members.
Ethan Huizenga
March 16, 2020
How Can Long-Distance Caregivers Help Loved Ones?
More than 1 in 10 family caregivers live at least an hour away from their aging or ailing family member, and many are tending to a loved one from a distance of hundreds of miles.
Ethan Huizenga
March 13, 2020
What Do I Need to Know about Medicare in 2020?
Certain costs are adjusted yearly by the government and can affect premiums, deductibles and other cost-sharing aspects of Medicare. Even though each change doesn’t necessarily involve huge dollar amounts, they can add up and should be factored into your monthly health-care spending.
Ethan Huizenga
March 12, 2020