According to a recent Pew Research Center study, almost 40% of American adults are caring for an adult or child with chronic health issues – an increase of 10% in just the past three years. The study found that a family caregiver can be found across all demographic...
Here are some of the most common mistakes people make when designating life insurance beneficiaries: 1. Trying to designate beneficiaries in your Will. Naming beneficiaries in your Will does not override a properly executed beneficiary designation form. 2. Vague...
Retirement planning for baby boomers is very different than it was for their parents, when it was usually just one spouse (Dad) who retired. It is now quite common that both working spouses must make a decision together on their retirement, and each may have very...
Every single adult needs to have an advance health care directive written, signed, and in place. This includes you, your parents, and your children as soon as they turn 18. After turning 18, your children are adults and you would not be able to access their medical...
People in their 50s and early 60s may notice their elderly parents having trouble with memory loss and handling finances. One in eight Americans 65 and over and 43 percent of individuals 85 and over have Alzheimer’s disease. But financial advisors and...