Monthly Archives: June 2016

29 Jun

How Remarriage Effects Your Social Security Benefit

The rules for claiming Social Security are important when it comes to remarriage. But most people don’t know what options are available to them. The determining factor in terms of remarriage and Social Security benefits has to do with at what age you remarry. Couples marrying for a second (or subsequent) time before age sixty

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22 Jun

Educational Funding in Your Retirement Plan

For many families, contributing to a child’s education is equally as important as saving for retirement. Unfortunately, it is difficult to know, even tricky, which vehicle will help you the most. Generally, the best way to save is to contribute at least $200 to $300 each month to the investment vehicle you want to use

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10 Jun

PODs and TODs: To Sign or Not to Sign?

Pay on death (PODs) and transfers on death (TODs) can be helpful to a lot of families if used consistently with their estate plan. A POD is a beneficiary designation used by bankers for your bank accounts. It is a contract provision telling the bank to pay the amount in your account to someone (the

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01 Jun

The Cost of Not Preparing for Long-Term Care

Families frequently come to our law office seeking help for a long-term care crisis.  Long-term care needs cause the loss of independence and the depletion of assets and they know we can help.  In one instance, a couple saved enough cash and retirement assets to support them for their lifetime.  However, one spouse’s chronic illness

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