How Do I Talk About Money with My Elderly Parents?
From wills to life insurance, no one wants to discuss a financial plan with their aging parents.
From wills to life insurance, no one wants to discuss a financial plan with their aging parents.
If Congress gets its way, you’re going to lose the opportunity to help your children build wealth, and at the same time, they could end up in higher tax brackets for years.
Some people have life insurance policies that have long-term care riders that allow them to access up to the death benefit for long-term care needs. These might be able to be sold through a life settlement.
Rickety social safety nets, inadequate retirement savings plans and sky-high health-care costs are all conspiring to make the concept of leaving the workforce something to be more feared than desired.