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Image for Grandparent Owned 529 Plans: What You Need to Know

Mar 15, 2021

Grandparent Owned 529 Plans: What You Need to Know

Helping a grandchild with their college expenses by putting money in their 529 is great! But do you know if contributions count as a gift or if the grandchild is a "skip person," or if it can hurt financial aid eligibility?

Image for Great Parents, Bad Savers?

Oct 26, 2020

Great Parents, Bad Savers?

It’s stressful to know that your parents haven’t prepared for retirement. It’s even more stressful to think that they may depend on you financially.

Image for Family Issues: It’s (Almost) Always about Money!

Dec 9, 2019

Family Issues: It’s (Almost) Always about Money!

The holidays can be a wonderful time of year, but some serious issues can put a damper on the festivities. Many of these issues come down to the mismanagement of money. Learn how being proactive can save both your money and family relationships.

Image for Legal Medical Documents: Don’t Leave for College Without Them!

Aug 26, 2019

Legal Medical Documents: Don’t Leave for College Without Them!

As your child heads off to college, you might feel a bit of relief knowing that your job is done...at least for a few months. But if you don’t have legal medical documents in place for your child, your job just became much harder should your student be hurt or incapacitated while away from home. Read on for our advice on documents it makes sense to have in place so you can make healthcare decisions for your child should he/she be unable to.

Image for Challenges of the Sandwich Generation

Aug 6, 2019

Challenges of the Sandwich Generation

According to the Pew Research Center, 15% of middle-aged adults will end up financially supporting a parent and a child at the same time. If you find yourself in that 15%, you’re part of what has become known as the Sandwich Generation. We discuss what you should think about if you find yourself being sandwiched between the two generations.

Image for Are You Sacrificing Your Retirement for Your Adult Kids?

Jun 17, 2019

Are You Sacrificing Your Retirement for Your Adult Kids?

Any parent knows how difficult it can be to watch your children struggle, and the urge to step in and help out financially can be a strong one. But it turns out you could be doing more harm than good, especially when it comes to your own finances. Be sure you’re funding your own needs, such as retirement and savings accounts, before you open your wallet to your children.

Image for Valentine’s Day: Give the Gift of Financial Security

Feb 11, 2019

Valentine’s Day: Give the Gift of Financial Security

This Valentine’s Day, switch it up and give the gift of financial security. Read our tips for the best Valentine’s Day gift.

Image for Role Reversal: Becoming Legal Guardian for Elderly Parents

Dec 3, 2018

Role Reversal: Becoming Legal Guardian for Elderly Parents

Concerned about your elderly parent’s safety or ability to make sound decisions? It might be time to consider becoming a legal guardian for your parent. We’ve laid out the basics of legal guardianship and what the process might entail for you.

Image for With a Will, It’s Done Your Way

Jun 11, 2018

With a Will, It’s Done Your Way

What happens if you die without a will in place? Who decides where your assets go, and more importantly, who cares for your children? Without a will, these decisions are left up to the state…and you might not like their choices. Drafting a will enables you to clearly articulate your wishes for the disposition of your estate, as well as the care of your children, ensuring your final wishes are carried out. Read on for our tips on creating your will.

Image for Retirement Communities: What’s the Appeal?

May 21, 2018

Retirement Communities: What’s the Appeal?

If you’re retired or planning to be soon, a Continuing Care Retirement Community might be a good option for you. Continued independence with the added bonus of on-site medical care, maintenance-free living and amenities galore can be a draw for many retirees. But it’s important to understand your options and the associated cost – all those amenities can come with a hefty price tag! Be sure you understand your options: Read on for all the details.

Image for The Gift of Pre-Planning a Funeral

Jan 15, 2018

The Gift of Pre-Planning a Funeral

Chances are planning your own funeral probably isn’t high on your list of things you’d like to do. But taking the time now to plan how you would like your life to be celebrated can be a wonderful gift for your family and friends, removing undue stress from them during an already emotional time.

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Aug 7, 2017

Your Aging Parent Is Ill – Now What?

If your dad is suddenly hospitalized, who would your mom turn to for help? You? If so, do you understand Medicare, Medicaid, and long-term care ...

Image for Longevity Planning: Covering all the Bases

May 15, 2017

Longevity Planning: Covering all the Bases

You’ve executed a last will and testament and created a plan for divvying up your assets when you pass. You’re covered, right? Not ...

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Apr 24, 2017

Protecting Seniors from Fraud

Anyone of any age can get scammed, but seniors make the easiest targets. Each year they lose billions of dollars to scam artists, friends, and too ...

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Mar 6, 2017

Caring for Loved Ones with Alzheimer’s

Does someone close to you have Alzheimer’s? If so, you’ll likely want your loved one to retain his or her lifestyle and independence as ...

Image for Should You Ever Lend Money to Family?

Oct 25, 2016

Should You Ever Lend Money to Family?

Lending to relatives can cause tense situations at family gatherings! While such loans could be a win-win, you need to understand the potential ramifications before you make a commitment

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Sep 27, 2016

What do You and Prince Have in Common

If you are one of the 64% of Americans who do not have a will, you are in the good company of Aretha Franklin and Prince as well as Sonny Bono, Martin Luther King, Jr., and Abraham Lincoln. Unfortunately, dying without a will can create a mess for your heirs.

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Jun 19, 2016

Who Will Care for You?

Americans age 65 and older have more than a 70% chance of needing some form of long-term care. Aging at home as well as residing in an assisted living facility or retirement community are all options.

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Jun 12, 2016

Wedding Costs! Really?

If you are over age 60, you probably spent a few thousand dollars or less for your wedding, including all the trimmings.

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Apr 18, 2016

Financial Fraud Against Seniors

Five million! That’s the number of financial fraud cases perpetrated against seniors in the United States each year according to a recent study by Consumers Digest.

Image for Who will Raise Your Child?

Feb 23, 2016

Who will Raise Your Child?

There is nothing better than celebrating the birth of a new baby. If it is the first baby, there are many “first time” experiences to be enjoyed as well as some “first time” decisions to be made. Naming a guardian is one of those.

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