Dynasty Trusts from Daniel DeBruyckere Dynasty trusts are fine estate planning tools. Wills are no longer enough in many estate plans, especially for those looking for planning tools that serve many purposes. Learn more about dynasty trusts and what it can do in this presentation. … [Read more...] about Dynasty Trusts
The Revocable Trust Isn’t a Cure All (But it’s Close)
It’s true that a revocable trust is a fine estate planning tool for many people. If you’re concerned about protecting your assets from creditors, it may not be your best move. Creditors can indeed set their sights on the revocable trust. Let’s take a look at the revocable living trust. These are legal documents that allow you to name someone to manage your property while you’re still living. You create the trust, the trustee is named by you to manage the assets within the trust and the … [Read more...] about The Revocable Trust Isn’t a Cure All (But it’s Close)
Staggering Statistics on Retirement Savings
We’ve heard for quite some time that an increasing (and alarming) number of Americans are not saving for retirement. Even after the recession, analysts are concerned that the priority still hasn’t really shifted when it comes to preparing for the future. Now, though, a new study reveals a different picture – and one that’s causing even more alarm. This new survey “Preparing for Retirement in America,” from the Employee Benefit Research Institute (EBRI) and Greenwald and Associates, reveals … [Read more...] about Staggering Statistics on Retirement Savings
Free Report: Divorce and Estate Planning in New Hampshire and Massachusetts
Here's an interesting and frankly, an alarming statistic: divorce rates of those over the age of 50 more than doubled between 1990 and 2010. One in 25 couples in this age group will divorce; compared to one in ten in years past. It's staggering. This presents an interesting quagmire: what will your estate planning efforts (and your bank account) look like after the divorce? There are many considerations you'll have to address and reconcile both before and after the judge drops the gavel. Divorce … [Read more...] about Free Report: Divorce and Estate Planning in New Hampshire and Massachusetts
Long Term Care Truths
Here’s the thing about statistics: no two studies on one subject will ever reveal identical numbers. In fact, important as they are, the results are subjective. Datasets should, however, reveal similarities. There’s one area where the numbers have been consistent for years: long term care in America. There are about 12 million elderly or disabled Americans who rely on long term care for a number of needs, from eating and taking medication to housework and ensuring there are no missed doctor’s … [Read more...] about Long Term Care Truths
The New Hampshire and Massachusetts State of Retirement in 2015
The New Hampshire and Massachusetts State of Retirement in 2015 from Daniel DeBruyckere Meanwhile, 18 percent say they’re not worried and are confident they’ll find a solution before retirement. Learn more about The New Hampshire and Massachusetts State of Retirement in 2015 in this presentation. … [Read more...] about The New Hampshire and Massachusetts State of Retirement in 2015
Living Wills and Advance Medical Directives
For more than two months, Bobbi Kristina Brown, daughter of Bobby Brown and Whitney Houston, has lied in a hospital bed in a coma. Her life, quite literally, hangs in the balance. She’s a young woman – just 22 – who, like most of us, had no concept of estate planning at that age. No one knows what she would want, not really. The grief over losing her mother was undoubtedly overwhelming and the fact that she was found under the same circumstances that took her mother’s life is not lost on many … [Read more...] about Living Wills and Advance Medical Directives
Changes in Capital Gains Tax?
A couple of months ago, President Obama announced he wanted to end the so-called step up provision in the capital gains tax. Some dismissed it right away, saying the Republican Congress has vowed to not see it come full circle. But what does it mean in terms of how these changes will shape the way inheritances are taxed? Capital Gains Tax and Step Up Provision President Obama announced his desire to eliminate the tax benefits associated with inheritances and tax capital gains based on … [Read more...] about Changes in Capital Gains Tax?
Are Our Elderly Skipping Medications?
A full ten percent of Americans say they cannot afford to take the medications prescribed to them because of rising costs. Many will take less than instructed in order to “stretch” out the prescription or simply delay buying the medicine. Others don’t even consider the possibility of buying it later when they know they won’t have an additional $300 lying around. This is a dangerous trend, especially for our elderly. According to the U.S. Centers for Disease Control and Prevention: 15% of … [Read more...] about Are Our Elderly Skipping Medications?
Medicare Paying 15X More for One Drug
The cure for the liver disease hepatitis C is impressive, so much so that Medicare spent $4.5 billion last year on this new, though pricey, medication. For those with the disease, no amount is too much. But it’s also 15 times higher than what Medicaid spent the year before on older treatments for the disease, according to “previously undisclosed federal data”. With lawmakers screaming cutbacks at every turn, is it worth it to opt for the pricier, though newer, medication that serves the same … [Read more...] about Medicare Paying 15X More for One Drug
