by Rebecca W. Geyer & Associates P.C. | Oct 19, 2020 | Medicaid, retirement and estate planning, retirement planning
In the United States, turning 65 years of age is a milestone on many levels, but before this birthday, there is a hefty checklist that you need to address to continue aging successfully. Overall, the most crucial thing to do before turning 65 is to invest your time...
by Rebecca W. Geyer & Associates P.C. | Oct 12, 2020 | retirement planning, social security, Social Security benefits and estate planning
The coronavirus pandemic creates risk scenarios for Americans well beyond becoming infected with COVID-19. If you are close to retirement age and recently lost your job, there is a good chance you may not find work again. The Great Recession (2007-2009) saw workers...
by Rebecca W. Geyer & Associates P.C. | Oct 5, 2020 | Estate Planning, retirement planning
As Gen Xers enter into their 40s and 50s, it is time for them to become active in the creation and execution of their retirement planning. There are many things to consider, including finances, investments, insurance policies, legal documents, living arrangements, and...
by Rebecca W. Geyer & Associates P.C. | Sep 28, 2020 | Estate Planning, Guardianship, wills
Care.com’s annual estate planning survey for 2019 found that 57% of U.S. adults do not have a Last Will & Testament (a “Will”). The survey found that participants were more likely or less likely to have a Will depending on issues such as age, race, and education....
by Rebecca W. Geyer & Associates P.C. | Sep 9, 2020 | Uncategorized
“Life does not stand still,” wryly observed the American Bar Association in a chapter of its estate planning document titled “Changing Your Mind”. You may have already crafted an estate plan, but that’s hardly the end of the process, the ABA stressed, because a number...
by Rebecca W. Geyer & Associates P.C. | Jul 6, 2020 | Estate Planning, wills
Estate planning may sound like the domain of the very wealthy, however, in the eyes of the law, an estate is simply the aggregate of property an individual owns, and most everyone owns something. Property ownership includes individual as well as jointly owned bank...
by Rebecca W. Geyer & Associates P.C. | Mar 16, 2020 | elder care, family caregivers
By Cara M. Chittenden As baby boomers age, more and more millennials are becoming caregivers. Many are taking on this role while just getting started in their own lives, leading to difficult decisions about priorities. Proper planning can help them navigate this...
by Rebecca W. Geyer & Associates P.C. | Mar 9, 2020 | elder care, family caregivers
By Dara M. Hensel Providing care for a senior family member, particularly long-term care, can bring about lost wages and missed opportunities for the caregiver. A report by Genworth entitled Beyond Dollars 2018 shows that although statistically having to miss work to...
On behalf of Rebecca W. Geyer & Associates P.C. | Feb 24, 2020 | IRA beneficiaries, retirement planning
By Dara M. Hensel President Trump on December 20 signed a spending bill that makes major changes to retirement plans. The new law is designed to provide more incentives to save for retirement, but it may require workers to rethink some of their planning. The Setting...
by Rebecca W. Geyer & Associates P.C. | Feb 17, 2020 | Estate Planning
By Cara M. Chittenden Many people think that estate plans are for someone else, not them. They may rationalize that they are too young or don’t have enough money to reap the tax benefits of a plan. But as the following list makes clear, estate planning is for...
