Special Needs Law Group Blog
SAFE Act May Come to Rescue in Elder Financial Abuse
The new law goes a long way in protecting the elderly from the increasing threat of scams. Elder financial abuse is very costly, at billions of dollars annually, as well as the emotional toll on the elderly, as the scams become more sophisticated, according to Forbes...
Women Live Longer but Often Save Less
Expected lifespan should be taken into consideration in savings plan. Woman have a longer life expectancy than men but on average make less money to be used to save for retirement, according to The Motley Fool in “Why Are Women Only Saving Half as Much as Men for...
For the Elder, Family Meetings Can Be Helpful and Productive
A family may find a business model for meetings is a helpful guide, if an elder member of the family requires caregiving. An elder member of the family sometimes needs caregiving. If it is a family project, it can be easier, according to...
What Fits Your Circumstances? A Will, a Trust, or Both?
Knowing the difference between a Will and a trust is crucial, as well as how they will work for you as estate planning tools. Estate planning is unique to the particular circumstances of the individual or family. However, the two different tools that...
Educating Your Children about Estate Planning and the Income Tax
You may think your work is done when your estate plan is completed. However, a remaining step may be informing the kids about what they face. If you wish to pass your estate on to your children, it might be a good idea to spend some time educating them about...
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