As seniors age, they will likely begin having difficulties managing their finances, including day-to-day financial affairs. As bills and important paperwork piles up, it’s easy for seniors to become overwhelmed and confused. They also become more vulnerable to elder abuse … Read More
Named in a private agreement or appointed by the court, a fiduciary is someone who assumes responsibility for someone else’s financial affairs when they have died or become incapacitated. Often a family member or close friend will assume the role. … Read More
It’s never too early to start thinking about tax season, especially when there have been changes that may affect you. The 2018 tax reform law changed tax rates and deductions, with most of the changes taking effect last year for … Read More
As tax season rolls around, virtually everyone is looking for ways to minimize their tax bill. When the Tax Cuts and Jobs Act passed in 2017, many personal itemized deductions were eliminated, but there are still several ways to minimize … Read More
Millions of seniors are targeted by scammers every year. Not only are seniors more likely to be targeted, but they lose more money on average than younger victims. The Senate Special Committee on Aging estimates that seniors lose $2.9 billion … Read More