New security measures withdrawn from Social Security Website. The Social Security Administration recently shut down new security measures on its Website after learning they were less than user friendly, according to the ABC News article “Social Security Rolls Back Security Measures on Website.” The requirement Social Security chose is a common one for many banks […]

Social Security faces a more immediate threat than running out of money in 2034. The Washington Post has reported in “Closed Social Security offices, furloughed staff under GOP cuts, agency warns,” that it is possible the Social Security Administration may not receive the funds it needs to operate in next year’s budget. The Social Security […]

Being wrongly placed on deceased list can be a problem. The Social Security Administration mistakenly places the names of living people on the deceased list, according to an NPR report “Social Security Data Errors Can Turn People Into The Living Dead.” When a person passes away his or her name, birth date, and Social Security […]

Your home may not be the only answer to paying for nursing home care. If you don’t plan or have a bad plan, it may be necessary to sell your home if your spouse requires nursing home care but that may not be the only option, according to the Boston Globe article “Seniors have more […]

You can’t easily stop the challenge to an estate plan but you can limit its chances of success. The Washington Blade recently published an article “Myths of estate planning,” which discusses the steps that can be taken to limit the chance of success for any challenges. The steps include: Always keep your will up to […]

Prince passed away without an estate plan and now musicians rethink the future. Following the death of Prince, Billboard has published an article “Avoiding The Prince Syndrome: A Primer On Estate Planning,” which includes some guidelines for musicians looking to protect their heirs with an estate plan. Among the tips are: Hire a good estate […]

Sometimes it is necessary to name a trust protector as well as a trustee. Because it is not always possible to name the right person to be a trustee over an estate, it is sometimes necessary to designate a trust protector, according the Yuma Sun in “Estate Planning: Who oversees a trust administration?”. Basically, a […]

Taking care of your family after you are gone requires good planning. Estate planning is an essential step in ensuring that your loved ones are taken care of and your legacy is preserved. This process involves making strategic decisions about your assets and how they will be managed and distributed after your death. While it […]

There are complications to using a revocable living trust to protect your assets. A revocable living trust is often used to protect assets from creditors and liability lawsuits but as Market Watch discusses in a recent article “Why your revocable trust is not protecting your assets,” it is not always that simple. Revocable living trusts […]

Since all attorneys are not the same you need to know how to choose one. All attorneys are not equal when it comes to skills so the Times Herald recently posted a list of questions to ask attorneys about estate planning that can help you decide which attorney to pick in “Six questions you should […]