by Kathryn A. Flanigan | Oct 9, 2013 | Uncategorized
A California Power of Attorney for Health Care allows you to assign someone to make medical decisions according to your wishes in the event that you are no longer able to speak for yourself. Most people name a spouse, close friend, or relative who knows them well.Here...
by Kathryn A. Flanigan | Oct 9, 2013 | Uncategorized
The AARP Public Policy Institute conducted a survey on how the recession has changed the lives of older American workers, and finds that the recovery for many will be long and slow and for some, it may never come.AARP says that the jobless rate for older workers...
by Kathryn A. Flanigan | Oct 9, 2013 | Uncategorized
For anyone over the age of 50 who is worried about retirement – not just planning for it, but actually being able to do it – a timely article at CBSMoneyWatch.com says that there are two changes you can make to dramatically improve your odds of...
by Kathryn A. Flanigan | Oct 9, 2013 | Uncategorized
When creating an estate plan, your estate will include a number of components: home, life insurance, bank accounts, investment accounts, secondary properties, and IRAs or other retirement assets. Many people consider their IRA the least of the assets in their estate,...
by Kathryn A. Flanigan | Oct 9, 2013 | Uncategorized
A Wall Street Journal interview with reporter and editor Rachel Emma Silverman, author of The Wall Street Journal Complete Estate-Planning Guidebook, provides some useful information on taking control of your assets:Although making an estate plan takes time, money and...
by Kathryn A. Flanigan | Oct 8, 2013 | Uncategorized
When a loved one dies, do their debts die with them? The answer is, it depends. Following are the first 5 of 10 things you need to know about debts after the death of a loved one:Are heirs responsible for debts? Creditors have become increasingly aggressive in trying...
by Kathryn A. Flanigan | Oct 8, 2013 | Uncategorized
Conventional wisdom has held that paying off your mortgage is highly desirable prior to retirement. But that was before historic low interest rates made paying off a mortgage less attractive.People approaching retirement who are not sure how to handle their mortgages...
by Kathryn A. Flanigan | Oct 8, 2013 | Uncategorized
If you own real estate, chances are you have purchased insurance to protect that asset against damage or loss. But have you taken the necessary steps to protect it against lawsuits or probate? Two common estate planning tools for real estate asset protection include...
by Kathryn A. Flanigan | Oct 8, 2013 | Uncategorized
Face it, most of us have lives that are messy. There are divorces, remarriages, stepchildren, adult children who can’t handle money or are married to freeloaders. Having an estate plan can really help protect us from ourselves; here are some tips on getting...
by Kathryn A. Flanigan | Oct 8, 2013 | Uncategorized
When a loved one dies, do their debts die with them? The answer is, it depends. Following are the second 5 of 10 things you need to know about debts after the death of a loved one: Wait to distribute assets. No assets from the estate should be distributed until all...
