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Insurance.  These regulations are frequently at the country or state level, so insurance that is valid or that can Life insurance, if issued some time ago, can usually be kept when you move overseas—but you may see some Auto insurance isn’t typically portable. Investment Planning.  You should learn in advance if health coverage like Medicare, unemployment insurance, welfare, and other

says that a simpler life may mean you will need a less complex estate plan. However, few people’s lives are that simple. The state in which you live can make a big difference. If they are beneficiaries of your life insurance policy, a large payout may halt their government benefits

Social Security annually weighs whether to give beneficiaries a cost-of-living adjustment based on inflation compared to the last year that a cost of living allowance (COLA) was awarded. Reference: AARP.org (June 22, 2016) “Social Security COLA Projected for 2017” #Insurance #Medicare #SocialSecurity

For many, the best way to ensure their real estate passes on as they wish is using a trust. All forms of real property in Texas can be conveyed to a trust for administration during your life and Your dedicated trust attorney assists with any needed coordination with lenders, tax authorities, insurance Charitable Trust : Leaves property to charity but allows the donor to retain income interest during life A customized trust allows you to ensure your real estate is handled exactly as you want.

Look into purchasing a Medigap supplemental insurance policy to cover some of your out-of-pocket costs There’s also Medicare Advantage, which provides health coverage through a private insurer. Consider buying a long-term-care insurance policy. Life expectancies are increasing, and chances are at least one spouse, if not both, will live well into If you are still working later in life (even part-time), you can save in tax-advantaged retirement accounts

If religion is a significant part of your life, it only makes sense to incorporate it into your estate Where to Find the Information You Need If you would like to ensure your estate plan upholds your religious Health and End-of-Life Decisions Living Wills and Healthcare Directives are also influenced by religious Some religions have official positions on life support, blood transfusions, etc. If you want your end-of-life care to align with your religious beliefs, be sure your wishes are properly

Talking with some attorneys about your end of life plans can be like trying to communicate with someone We go out of our way to ensure that our clients understand their estate plans, so they can be sure their The Benefits Of Revocable Trusts Revocable trusts are also known as living trusts because they can be Irrevocable trusts are commonly used to hold assets, insurance policies, funds that are to be used to

Setting yourself up for retirement or to simply live the lifestyle you want takes some effort, which The emergency fund will keep you from living off of credit and starting that downward spiral. 2. An annual review allows you to make revisions based on life changes, including updating your beneficiaries Homeowner’s insurance – Homeowner’s insurance can seem like an unnecessary expense, but if something Allowing it to get out of hand, however, can have a disastrous impact on your financial life.

We spend most of our adult lives planning for retirement. you retire prior to eligibility for Medicare, you need to plan how you’re going to pay for medical insurance Investigate some supplemental coverage and don’t forget about long-term care costs that may occur later in life your will, power of attorney, healthcare directive, and other estate planning documents after any big life Retirement is a big life event.

document allows you to designate an individual to make medical decisions and to carry out your end-of-life Draft a Living Will. Draft a Living Trust. This should include all of your financial accounts, insurance policies, and contact information for any and state and federal laws concerning estate taxes change, you need to review your plan annually to ensure

Healthcare directives, also known as living wills, provide instructions on your medical care and end-of-life An Ethical Will An ethical will is a document that allows you to pass down your values, beliefs, and life It is not a legally binding document, but it can give your family valuable insights into your life and Instructions for End-of-life Care In addition to your funeral arrangements, you can also include instructions for end-of-life care in your estate plan.

Defining Inflation Unsure of what exactly defines inflation? Look no further than the housing market for a real-life example of inflation and its impact. While this might seem like plenty of cash to buy real estate now, inflation may continue to impact the If your current net worth is no longer enough to support your estate planning goals, insurance may help Adding more to your cash allotment now could leave you exposed down the line.