You have heard the old adage “Rags to Riches to Rags”, or “Shirtsleeves to Shirtsleeves in three generations”. It is not just a dynamic of western culture; it is actually …
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Category: Finances & Insurance
A Decade of the Affordable Care Act: Has It Helped Seniors?
Nearly a decade after it was passed, the Patient Protection and Affordable Care Act (ACA) — also glowingly or disparagingly referred to as “Obamacare,” depending on a person’s politics — …
Continue ReadingDeclining and Depleting Retirement Portfolios
2018 was a down year for most financial portfolios — after nine good years. In addition, volatility, which had been unusually quiet in 2017, came back with a vengeance. The …
Continue ReadingManaging Your Estate’s Legacy
We have had three clients die this year. None of their deaths were a surprise as two of them had battled cancer for several years and the third was 98 …
Continue ReadingWhen Influence is Undue
It’s human to be influenced by others — and often a healthy reflection of open-mindedness. And the power of influence when it helps snag a sale, win an election, or …
Continue ReadingCan People With “Diminished Capacity” Make Legal Documents?
More seniors are taking care of business by making legal documents specifying that their money, property and medical care be managed and distributed as they direct. But as their numbers …
Continue ReadingHow To Find the Best Medicare Prescription Drug Plan for You
Open enrollment strikes every year from October 15 to December 7. While a retiree can get a Medicare Supplement (Medigap) plan and stick with it for 3 to 4 years …
Continue ReadingFile It Then Share It: Keep Your Vital Information Updated and Accessible
Everyone has a filing system of some sort for important documents and papers. Yours may be carefully organized by subject matter in drawers or folders, or it may simply be …
Continue ReadingSeniors, Cocktails, and Homeowner’s Insurance
Sound like a strange combination? Not really. Here’s why. Rose and George are in their early 60’s and have worked all of their lives. The magic day of retirement has …
Continue ReadingEnd of Life “What Ifs” Needs More than a Will or a Living Trust
Even though you have signed your will, and even if you also set up a living trust, your estate planning is not complete. You still need to address several “what …
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