Category Archives: elderly planning

Are you Prepared for Mental Decline?

No one likes to think about mental decline in themselves or their loved ones. But, for many families, this is an incredibly important topic to address. In fact, 5.5 million Americans have Alzheimer’s disease, including 10% of people aged 65 and older. When they pass away, 1 in 3 seniors has Alzheimer’s or other types of dementia. As financial representatives, our goal is to always provide compassionate, proactive service to our clients and their families… Read More »

Ways to Protect Your Estate and Prepare for Your Future

Happy Family Estate Plan

Proper estate planning is critical when working toward a more sound and stable financial life. From your wills to beneficiaries and beyond, estates require thoughtful strategies. Yet many Americans still haven’t protected themselves in the ways they should. In fact, only 40% of adults have a will or living trust.1 If you don’t have updated documentation in place to direct your wishes, the courts may decide what to do with your estate when you pass… Read More »

Protect Yourself from These Financial Scams

Financial fraud is, unfortunately, a common practice in America that costs individuals and businesses billions of dollars each year. Research shows that people often underreport financial fraud, which is difficult to investigate and prosecute.1 As a result, staying aware of different scamming techniques is an important way to protect yourself and your family. Here are a couple of common financial scams that are specifically used to target seniors. 1. Funeral and Cemetery Fraud For many… Read More »

The Unique Financial Planning Needs for Multigenerational Families

Financial lives are inherently complex and require thoughtful perspectives and strategies for you and your loved ones. Multigenerational households pose additional challenges to heads of households. A multigenerational household has two or more adults from different generations. More than 60 million Americans live in multigenerational households, comprising 19% of the population. Living in a household with family members of different generations increased during the Great Recession (2007-2012), and the trend continues. Multigenerational families are formed… Read More »

How To Stop Worrying And Love Market Volatility

Karl Kaufman “Buy the ticket, take the ride,” wrote Hunter S. Thompson in his classic book Fear and Loathing in Las Vegas. Equity investors have been on a bumpy ride this month as volatility, lying dormant for what seems like an eternity, returned to the market in force. Wild swings in the Dow — thousand point drops followed by triple digit gains followed by drops and then gains — erased much of January’s returns and… Read More »