Required Minimum Distributions (RMDs) are the minimum amounts a retirement plan account owner must take out each year. It is the responsibility of each retiree to take out the correct RMD from their retirement account each year.
Although Medicaid and Medicare are both public health insurance programs, they have essential differences.
Although original Medicare does not offer food benefits, some Medicare Advantage plans provide a grocery allowance or cover meal delivery.
You may have heard of the terms “springing” and “non-springing” power of attorney and wonder what they mean.
Deciding whether your parents still have the cognitive ability to manage their money is a difficult call to make. A recent report reveals why it may be important for you to get involved.
You may wonder if there’s anything you shouldn’t include in your will. The answer is yes. There are some things that you should avoid.
Although Alzheimer’s disease accounts for many dementia cases, other types of dementia are distinct from Alzheimer’s disease.
After losing a loved one, consider the best way to honor them and their life. Sometimes, a traditional funeral is not the best fit. Today, there are many alternatives to a traditional funeral service and burial.
Understanding some of the common medical and legal terms in the field of estate planning and elder law can give you added confidence in your approach to planning for your own future or that of your loved ones.
