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Forbush Legal PLLC

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Organize Your Digital Assets for Estate Plan

Your digital assets should be gathered, as well as tangible assets. There are many digital assets that frequently make the news, such as Bitcoin, but what about the less complicated digital assets, such as family photos? Those should also be considered when creating your estate plan, according to The Eagle... Continue reading

Posted yesterday at Forbush Legal, PLLC

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Save for Retirement over Many Decades

A 40-year saving plan can go a long way toward a healthy financial retirement. A key to financial security in retirement is to begin saving early. An example of success is Orville Rogers, who was flying around the country to attend master’s level track meets during his retirement, according to... Continue reading

Posted 2 days ago at Forbush Legal, PLLC

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Stan Lee Faced Challenges in Last Years of His Life

A solid estate plan can help avoid many of the challenges presented in the news lately. There have been a number of celebrities such as Stan Lee, Aretha Franklin and Prince in the news in recent years, who have passed away with controversies surrounding either estate plans or lack of... Continue reading

Posted 3 days ago at Forbush Legal, PLLC

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Take a Fresh Look at Estate Plan If You Relocate

An estate planning attorney in your new state of residence should go over your estate plan. Many people choose to relocate for retirement and often relocate to a warm, sunny state. If you decide to relocate, it would be a good idea to have an estate planning attorney review your... Continue reading

Posted 4 days ago at Forbush Legal, PLLC

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An Estate Plan Is Not Just a Will

A will is a good place to start. However, there are other things to take into consideration. People often think of creating a will, when they hear the words estate plan. However, a will is by no means the only document needed to distribute assets and prepare for both incapacity... Continue reading

Posted 5 days ago at Forbush Legal, PLLC

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Making Sure You Have the Final Authority

Perhaps your own personal funeral representative can ward off family strife. Making sure you have a clear plan on your final wishes for a funeral and disposal of remains, can eliminate the chances of some potentially strong disagreements when that time comes, according to the Detroit Free Press in “Law... Continue reading

Posted Dec 7, 2018 at Forbush Legal, PLLC

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Splitting Up Money Is Easy but Not So Easy with Objects

Careful estate planning can reduce chances of strife developing in the family. There is a lot of assets that are going to change hands, as the baby boomers age and pass on. One of the key things to consider is the careful consideration needed to successfully pass on “hard” assets... Continue reading

Posted Dec 6, 2018 at Forbush Legal, PLLC

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Retirement Comes before School Loans

There are options to borrow for college but few, if any, to borrow for retirement. School loan? Yes! Retirement loans? No! Since that is the way of the world, it is most likely best to focus on saving for retirement and keeping those savings in your retirement account, according to... Continue reading

Posted Dec 5, 2018 at Forbush Legal, PLLC

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A Checklist Can Make Estate Planning Easier

Beneficiary designations are one of the keys to making estate planning easier. Estate planning can become easier, if you follow a checklist, plan carefully and focus on beneficiary designations, according to InsuranceNewsNet.com in “A simple way to simplify estate planning.” Beneficiary designations are primarily used on the following types of... Continue reading

Posted Dec 4, 2018 at Forbush Legal, PLLC

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Your Estate Plan Should Include the Right Documents

Your estate plan can be flexible but don’t leave out the key documents. There are some important documents that should always be in your estate plan to protect your family. However, some people still leave them out, according to Consumer Reports in “8 Essential Steps for Estate Planning. A survey... Continue reading

Posted Dec 3, 2018 at Forbush Legal, PLLC

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Estate Planning Can Be Emotional but It Is Necessary

The decision on your assets is better made by you than state law. The key to estate planning is it is better to plan your own and have a say in where your assets end up, rather than let the state make the decisions, according to Kiplinger in “Estate Planning:... Continue reading

Posted Nov 30, 2018 at Forbush Legal, PLLC

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Next Year Your Retirement? Get Started Now!

An important consideration when looking toward retirement, is the less debt the better. It is always a good idea to be planning for your retirement but if you feel that 2019 is the year for you then it would be best to get moving on it now, according to CNBC... Continue reading

Posted Nov 29, 2018 at Forbush Legal, PLLC

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Does POA Have Right to Delegate Authority?

A trusted person, such as a family member or a friend, is a good place to start looking, when considering choices for a power of attorney. The key to naming someone as your power of attorney, is realizing it is a significant decision where you have approved someone to act... Continue reading

Posted Nov 28, 2018 at Forbush Legal, PLLC

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Life Insurance Is Important but You Can Get It Wrong

Some common mistakes can be costly to your loved ones. Life insurance is a very handy tool, when it comes to estate planning. However, unless you are careful, it is possible that it won’t accomplish what you intended, according to The Washington Post, in “Don’t make these big life insurance... Continue reading

Posted Nov 27, 2018 at Forbush Legal, PLLC

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Who Benefits from the Social Security COLA?

Cost of living increase won’t mean much to Social Security recipients. Social Security beneficiaries are about to receive a 2.8% cost of living (COLA) increase. However, the money is most likely going to be applied to health care costs, according to Next Avenue in “The Truth About 2019’s Social Security... Continue reading

Posted Nov 26, 2018 at Forbush Legal, PLLC

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How Do You Pass on Cryptocurrencies?

Just how do you handle digital assets? Advancing technology has brought us digital assets and they most likely are here to stay. Therefore, cryptocurrency investors need to know how to pass on those assets through the use of estate planning, according to ThinkAdvisor, in “4 Key Steps for Estate Planning... Continue reading

Posted Nov 23, 2018 at Forbush Legal, PLLC

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Estate Plan? Don’t Forget Digital!

The world has changed, and it really isn’t a good idea to ignore your digital assets when estate planning. Estate planning has generally been about tangible assets through the years. However, now attention needs to be also focused on the digital world in order to be thorough, according to the... Continue reading

Posted Nov 22, 2018 at Forbush Legal, PLLC

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Don’t Ignore the Possibility of Needing Long-term Care

Nursing home care will most likely increase in cost through the years. The possibility of needing long-term care is an expensive proposition and should be included in your estate planning, according to CNBC in “This retirement expense has hit $100,000 annually–and it’s continuing to rise.” The article highlights that a... Continue reading

Posted Nov 21, 2018 at Forbush Legal, PLLC

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Elder Abuse Is a Threat that Should Not Be Ignored

No matter how smart you are, you can still become a victim of elder abuse as you age. Mary Weiss has endured the violent death of her son, four strokes and a heart attack. Now she is facing the loss of her home and retirement savings, because of suspected financial... Continue reading

Posted Nov 20, 2018 at Forbush Legal, PLLC

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Taking a Couple’s Age Gap into Retirement Considerations

If you don’t marry someone close in age, your estate plan may require a closer look. When a couple has an age gap, there may be some special challenges ahead, when it comes to estate planning, according to The Washington Post in “How will a couple’s retirement look when there’s... Continue reading

Posted Nov 19, 2018 at Forbush Legal, PLLC

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Large Inheritance Can Bring Some Unexpected Problems

Many people will want to help you, while others want to get help from you. Receiving a large amount of money, such as an inheritance, can solve many problems in your life, as well as bring you many new opportunities. It can also bring some problems, such as attempted contact... Continue reading

Posted Nov 16, 2018 at Forbush Legal, PLLC

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Aging Alone with Little Support Is a Challenge

‘Elder orphans’ may find their needs are different than others with strong family connections. Former generations often provided support from the family for an elder family member. However, that isn’t always the case today. Many people lack that support and find that aging alone in their own home can be... Continue reading

Posted Nov 15, 2018 at Forbush Legal, PLLC

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How to Successfully Fund Assisted Living

It may be time to give some extra consideration to saving, planning and insurance for those later years. The average life expectancy in America has increased from 68 years in 1950 to 79 years in 2013 and that has created a challenge. People now live longer and often need to... Continue reading

Posted Nov 14, 2018 at Forbush Legal, PLLC

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Some Issues Often Overlooked in an Estate Plan

Check through the list of issues others have overlooked in estate planning. Avoid those mistakes. Creating an estate plan is always a good idea. However, it is also a good idea to take a look at some commonly overlooked issues that can derail your plan, according to the National Law... Continue reading

Posted Nov 13, 2018 at Forbush Legal, PLLC

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Just How Much Retirement Money Is Needed?

The amount first considered by potential retirees is almost never enough. The amount of savings you will need for your retirement years is most likely a difficult question to answer. It is not as simple as picking a percentage of your salary and aiming for it, according to The Wall... Continue reading

Posted Nov 12, 2018 at Forbush Legal, PLLC

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