The expenses that can be incurred during the latter portion of your life can be considerable. A high percentage of older Americans need assistance with their day-to-day needs, and long-term care costs are exorbitant these days. Things will probably get worse before they get any better. The charges for assisted-living communities and nursing homes have […]
Advanced Estate Planning
Does a Revocable Living Trust Provide Asset Protection in Iowa?
There are websites on the Internet that sell do-it-yourself estate planning documents. You may purchase one of these documents and fill in the blanks thinking that you have successfully planned your estate. However, as a layperson you may be assuming that the document is satisfying certain objectives. Your assumptions may be mistaken, and as a […]
What is the Difference Between Medicaid and Medicare in Iowa?
It is kind of amazing to think that 10,000 people are applying for Social Security every week. This volume of applications is going to be accepted by the Social Security Administration for the next 20 years or so. Because so many individuals are reaching the age of retirement right around now there are a great […]
Charitable Giving in Iowa: Know Your Options
Legacy building can be part of your estate plan, and this can include giving to charities. An act of giving can certainly be rewarding to you on a personal level, but it can also have some positive financial ramifications. Charitable donations can be deducted from your annual tax return as long as the entity or […]
Estate Planning for Boomers
Many Baby Boomers find themselves between a rock and a hard place when making their estate plans. The parents of Baby Boomers are often living longer than they planned to because of the advancement of medicine. That means that they have less to leave Baby Boomers in their estates. It also means that Baby Boomers […]