How Do I Help My Parents with Money Problems?
Adult children often need some money from their parents. However, what do you do when your parents need financial help?
Ethan Huizenga
March 6, 2020
How Much Money Is Needed for Long-Term Care?
You have a few options when it comes to affording the whopping expense that is long-term care.
Ethan Huizenga
March 4, 2020
6 Reasons Have a Power of Attorney Drafted
A power of attorney is a document that lets you appoint a person or an organization to handle the financial and medical decisions on your behalf, when you are not able to because of sickness or death. The person or the organization is called the attorney-in-fact or the agent. POA is given to someone whom you can trust with your life.
Ethan Huizenga
March 3, 2020
Alternatives for Stretch IRA Strategies
The elimination of the Stretch IRA is a game changer, especially for parents who were considering bequeathing savings in IRAs to their children.
Ethan Huizenga
March 2, 2020
Will New Tool Help Dementia Patients and Their Doctors?
Long-term care providers could soon have access to a newly developed tool that can accurately predict the life expectancy of dementia patients.
Ethan Huizenga
February 28, 2020
The SECURE Act and Your Retirement
While most of us had stockings and menorahs on our minds, President Trump on Dec. 20 signed the Secure Act that makes the most significant changes in retirement accounts we’ve seen in years.
Ethan Huizenga
February 27, 2020
Fixing an Estate Plan Mistake
Sometimes, despite best intentions and best efforts, an estate plan leaves unintended problems for heirs, trustees and others to solve. For example, a trust may have become outdated because of changes in tax laws, the birth or death of family members, or special circumstances like an heir’s disability.
Ethan Huizenga
February 27, 2020
What Should I Know about Beneficiary Designation?
Many people have tens of thousands–even hundreds of thousands–of dollars in their IRAs. If you have an asset that large, shouldn’t you devote more effort to planning for its ultimate disposition?
Ethan Huizenga
February 26, 2020
Retirement Fund Withdrawals Can Affect Social Security Benefits
Social Security provides a guaranteed source of income in retirement, but what many don’t realize is that you’re not guaranteed to keep it all.
Ethan Huizenga
February 25, 2020
Can You Apply for a Mortgage at an Advanced Age?
Federal law, under the Equal Credit Opportunity Act, forbids discrimination in the mortgage market on the basis of age. Nonetheless, loan officers say older borrowers often don’t realize they can get loans with terms that will expire on their 110th, 120th or nearly 130th birthdays.
Ethan Huizenga
February 24, 2020
