What Your Family Needs to Know

older-couple-with-daughter-papersIn “Do Your Family a Favor: Get Organized,” an informative article available at www.inc.com, the author reminds us that there are many practical issues not addressed by basic estate planning documents.

For example, after you die will your loved ones know whether or not you want a funeral or a memorial service? Will they know whether you want to be honored with flowers or donations to specific charities? Will they know who you want to be notified about your death? Will they know where to locate the original copies of your will or living trust? How about your bank and investment accounts, will your loved ones know where to find your financial records? (more…)

Choosing a Retirement Location

retirement-chairsBaby boomers are going to retire differently than their parents did. Americans are living longer, healthier lives — a fact that is reflected in our notions of what it means to retire. Now, instead of a complete cessation of work, Americans view retirement as a gradual transition into another lifestyle.

Some retirees may go back to school, start their own businesses, or work part time. Others will tackle those home improvement projects they’ve been putting off for decades or volunteer their time and talent for causes they care about. Still others will fulfill a lifelong dream of seeing what the world has to offer. Whatever the coming generation of retirees decides to do, where they decide to do it will be of the utmost importance. (more…)

Women & Financial Conversations

spouses-talking-moneyA recent study of women’s financial behavior indicates that initiating important financial conversations is key to achieving and securing financial well-being. Whether talking with spouses/partners, parents, or children, women who take the lead in discussing sensitive financial issues are better prepared to meet the challenges of life circumstances and events. (more…)

Changing Jobs or Retiring? Don’t Forget Your Retirement Savings!

retirement-savings-jarYour retirement savings plan offers you several choices when you decide to change jobs or when you retire. This report explains some of the options you may be able to choose from in deciding how you want the money in your plan treated when one of these events occurs.

What Is a Distribution?

A distribution is simply defined as a payout of the amount of money that has accumulated in your retirement savings plan. This may include amounts you have contributed, the “vested” portion of any amounts your employer has contributed, plus any earnings on those contributions. (more…)

Five Wishes® – A Living Will With Heart

heart-living-willFive Wishes is an advance directive template created by the non-profit organization Aging with Dignity. It is an easy-to-use legal document written in everyday language that helps you to communicate how you want to be cared for in case you become seriously ill or incapacitated.

Your Five Wishes document lets your family and doctors know:

  • Who you want to make health care decisions for you when you can’t make them yourself.
  • The kind of medical treatment you want or don’t want.
  • How comfortable you want to be.
  • How you want people to treat you.
  • What you want your loved ones to know.