How Do I Plan with a Special Needs Child?
Posted on January 17, 2022 by shieldsandborisFor parents who have a child with special needs, planning for their loved one’s life after they themselves are gone can be overwhelming. Breaking the process down into manageable parts and working with specialized professionals and companies can help.
Any Ideas How to Pay for Long-Term Care?
Posted on January 14, 2022 by shieldsandborisThe costs of long-term care for older adults can be significant. Federal Medicare health insurance benefits do not cover most of these costs. Most people who incur costs for long-term care cover them with a combination of personal savings, long-term care insurance and Medicaid, among other sources.
TOD and POD Accounts: What’s the Difference?
Posted on January 13, 2022 by shieldsandborisA TOD account allows the account holder to name a beneficiary on a non-retirement financial account to receive assets at the time of the account holder’s death, thereby (generally – i.e., when used correctly) avoiding probate.
How Can I Clean Up My Estate Plan?
Posted on January 12, 2022 by shieldsandborisWhile estate planning can be emotionally taxing, since you must consider a time after your own passing, it is important to be proactive, both for yourself and for loved ones.