Switch to ADA Accessible Theme
Close Menu
+

Category Archives: Estate Planning

ManThinking5

Should You Be Afraid Of Medicaid Estate Recovery?

By David Toback |

Estate planning lawyers often warn you not to outlive your savings, but what is the worst that can happen if you do?  You will not be able to enjoy the trappings of retirement like people with robust retirement savings can, but you will not be without food and shelter.  You will still get Social… Read More »

Facebook Twitter LinkedIn
Cryptocurrency4

How To Ensure That Your Heirs Inherit Your Cryptocurrency

By David Toback |

One of the most valuable things a person can lose is the digital key to a cryptocurrency wallet.  Bitcoin and its imitators appeared on the scene quickly a little more than a decade ago, and no one is really sure how much money their owners have gained and lost through cryptocurrency investments.  A recent… Read More »

Facebook Twitter LinkedIn
Now

Get Your House In Order Now To Save For Retirement Later

By David Toback |

The last thing anyone wants to hear right now is more bad news about the economy.  Gasoline prices have been getting lower, but we might be on track for a recession next year.  Everything else is still prohibitively expensive.  If you are on an income-based repayment plan, then the $10,000 of student loan forgiveness… Read More »

Facebook Twitter LinkedIn
SeniorCommunity

What Are Your Options For Senior Housing?

By David Toback |

You are so young that you have only recently started getting mail from the AARP.  You barely even qualify as a senior, so you are years away from needing to make a decision about senior housing.  It helps to know what the options are and how affordable they are.  You can stay in your… Read More »

Facebook Twitter LinkedIn
MemoryLoss

Memory Care And Your Estate Plan

By David Toback |

Perhaps you have a detailed plan about what you will do with your house in preparation for aging in place.  Now that your children are still living at home and you are working full time, you are concentrating on paying off the mortgage.  Once you have paid off the mortgage, you will concentrate on… Read More »

Facebook Twitter LinkedIn
ManThinking3

Can Life Insurance Pay For Assisted Living?

By David Toback |

Life insurance is a euphemism on the order of the Ministry of Peace in George Orwell’s novel Nineteen Eighty-Four.  Just as the Ministry of its Peace spends its entire budget preparing for and engaging in wars, life insurance only pays its beneficiaries when the policyholder dies.  A lot of people pay for a life… Read More »

Facebook Twitter LinkedIn
CashPayment

In Defense Of Cash Gifts

By David Toback |

If you are old enough to think about retirement and about your estate plan, then you are old enough to know that you cannot solve all your children’s problems and that money cannot solve all problems.  You are probably also painfully aware of how many obstacles stand between your children and the standard of… Read More »

Facebook Twitter LinkedIn
Paths

Estate Planning Is Both Easier And More Difficult Than You Think

By David Toback |

Some people say that the hardest part of estate planning is admitting to yourself that you are mortal.  While this may be an obstacle that leads many younger folks to get started on their estate plans, the truth is that simply saying out loud or typing in a Word document a statement to the… Read More »

Facebook Twitter LinkedIn
Referee

How To Provide For Your Spouse Without Triggering The Stepparent Wars

By David Toback |

Until you have experienced it yourself, you might think that getting remarried when your children are minors is a minefield of conflict, but late-in-life romance is smooth sailing, whether or not you or your new partner has children.  After all, when you get remarried late in life, all parties involved are adults, including the… Read More »

Facebook Twitter LinkedIn
LongTermStock

Keep Calm And Ride Out The Market Fluctuations

By David Toback |

The authors of Freakonomics have pointed out numerous examples of how people devote lots of energy to worrying about events that are only a remote possibility, while having no fear of situations that, purely from the point of view of probability.  If the Freakonomics authors went to Florida, they would probably immediately notice that… Read More »

Facebook Twitter LinkedIn