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Social Security Underpaying Some Claimants

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An internal government audit has found that Social Security is underpaying many widows and widowers, because it is failing to adequately inform them of their options.

One of the most important and difficult decisions people must make when they are considering retirement, is when to start taking Social Security benefits. The longer people delay taking benefits, the more they will receive per month.

To get the maximum amount of lifetime benefits, people need to factor in their life expectancy. This is difficult enough for people who are just having to decide when to take their own benefits. However, it becomes...

Medicaid and Funeral Planning

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If you want to plan in advance for your own funeral so that your family does not have to make the arrangements, one of the questions to consider is whether or not you should also pay in advance. The answer might depend on your expected Medicaid needs.

In general, it is a good idea to pre-plan your own funeral. This allows you to determine where and how your remains will be handled. It also removes a potential burden for your family, when they will be in mourning over you.

Funeral homes offer many different types of pre-planning packages that include...

Living Forever

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Some people think that scientists are not far away from creating the technology that will let human beings live forever. However, do not let that hope delay your estate planning.

Considering how many people delay getting estate plans, it might seem like the consensus is that most of us will live forever. If we never will pass away, then we will not have estates that need to be distributed after we pass away. For now, however, the idea of eternal life remains a matter of science fiction for many.

On the other hand, some people think it might not be...

Share Your Bucket List

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If there are things that you are hoping to do before you pass away, let your doctor know so that the doctor can better develop your treatments.

An unfortunate reality of modern medical care is that doctors do not always have the time or inclination to get to know their elderly patients very well on a personal level. Doctors can read charts and make medical findings, but they do not always know the desires and goals of their patients. When coming up with treatment plans and schedules, doctors do not normally take into account what the patient might want besides...

Donating Business Shares to Charity

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Family business owners who would like to leave a charitable legacy behind when they pass away have a unique way that they can do so. They can donate some of their business interests to charity without affecting their own lifestyles very much.

As people get wealthier, their estate planning goals normally begin to get a lot more diverse. People with only a few assets typically have a main goal of making sure those assets go to provide for their families. However, the wealthy have plenty of assets to make sure their family members are taken care of and accomplish other...