by msmyers | Dec 7, 2015 | Business Planning, Elder Care, Estate Planning, Retirement
Many clients donate to charities in the spirit of holiday giving. Not all gifts have the same impact, however. Did you know that donating appreciated assets can have a bigger financial impact on the charitable organization than a gift of the cash proceeds from that...
by msmyers | Dec 1, 2015 | Elder Care, Estate Planning, Retirement
Did you know that no one is required to take possession of a property (and mortgage) unless they want to do so? Simply leaving a mortgaged property to your heirs does not necessarily subject them to your debts. However, if your heirs want the property, they must...
by msmyers | Dec 1, 2015 | Elder Care, Retirement, Social Security
The 2016 Community Spouse Resource Allowance will remain at $119,200 (maximum) and $23,844 (minimum), as recently reported by the Centers for Medicare and Medicaid Services (CMS). In addition, the spousal monthly maintenance needs allowance will remain $2,980.50 a...
by msmyers | Sep 6, 2015 | Business Planning, Elder Care, Estate Planning, Retirement
my Social Security is a website managed by the Social Security Administration and allows users to create personal accounts, update address and contact information, track earnings, estimate future benefits and manage current benefits. Users may even order replacement...
by msmyers | Sep 4, 2015 | Elder Care, Estate Planning
For many clients, thinking about estate planning is about as enjoyable as scheduling a root canal. Thinking about death and making decisions in the event of later incapacity is difficult, stressful and often a process that many put off. On the other hand, making a...
by msmyers | Apr 2, 2015 | Elder Care, Estate Planning
Approximately 35% of American homeowners have at least one cat and 42% have at least one dog. Pet owners should consider what will happen to their pets upon their death or incapacity. Some pet owners carry an “Animal Card” in their wallets or “Animal Door Sign” to...
