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Shasta Legacy Law Center
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Many retirement strategies are often presented in Hollywood. Even though it is an unlikely source of planning for retirement, the movie industry often leads to the thought process about the later years of life, according to USA Today in “Hollywood can inspire you to save more in your 401(k) for... Continue reading
Posted 3 days ago at Shasta Legacy Law Center
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There are ways to make both members of the couple knowledgeable about finances. There can be a high cost to the surviving member of a couple, if the member who passed away was the person who handled all of the household finances, according to The Wall Street Journal in “When... Continue reading
Posted 4 days ago at Shasta Legacy Law Center
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Sometimes even having a will is not enough. Most people do not want their finances released to the public. However, if they are not careful with their estate plan, their financial world will become an open book, according to the Robb Report in “Rest in Wealth: The Ins and Outs... Continue reading
Posted 5 days ago at Shasta Legacy Law Center
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Consider your planned lifestyle before retiring, in order to choose the right location. As retirement approaches, many people need to decide between remaining in their home of many years, downsizing to a smaller location, or moving to a retirement community. However, many myths about retirement communities exist as well as... Continue reading
Posted 6 days ago at Shasta Legacy Law Center
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Your family will most likely face some tough times if you don’t make a plan. It doesn’t matter which generation you belong to, when it comes to estate planning. If you pass away without an estate plan, it is likely the people you love will face many trying days of... Continue reading
Posted 7 days ago at Shasta Legacy Law Center
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So, what would you like to happen with your business? If you are a business owner, you have worked long and hard to be successful. However, there comes a time when you look toward the future and decide what you would like to happen, according to Northern Nevada Business in... Continue reading
Posted Nov 30, 2018 at Shasta Legacy Law Center
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As life progresses, an estate plan often becomes even more important to you and your family. As a person’s life progresses and the difficulties that can arise do, they are often motivated into creating an estate plan but that isn’t necessarily the end of the story, according to the Brentwood... Continue reading
Posted Nov 29, 2018 at Shasta Legacy Law Center
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So, just who signed the agreement? The Alabama Supreme Court has ruled that the daughter of a deceased dementia patient does not have to submit to binding arbitration with a nursing and rehabilitation center, because of the question of having authority to sign the agreement, according to Legal NewsLine in... Continue reading
Posted Nov 28, 2018 at Shasta Legacy Law Center
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There are strategies on spending in retirement years, so pick the one that fits your circumstances. You’ve saved, invested, spent wisely and now you’re retiring. There are a number of helpful strategies out there for you to begin the journey of spending but not overspending, according to Nerd Wallet in... Continue reading
Posted Nov 27, 2018 at Shasta Legacy Law Center
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It’s a good idea to avoid those discussions about money. It is usually a wonderful event when you gather the family for Thanksgiving or holiday dinner with various personalities and interests. However, it is wise to avoid certain discussion topics, according to U.S. News & World Report in “How to... Continue reading
Posted Nov 26, 2018 at Shasta Legacy Law Center
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There can be a future, but plans must be made. A diagnosis of early stages of Alzheimer’s does not mean the immediate end. However, it does mean that plans have to be made quickly, as explained in The New York Times article “Leading an Active Life with a Diagnosis of... Continue reading
Posted Nov 23, 2018 at Shasta Legacy Law Center
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Boomers may well redefine the retirement stage of life. Boomers, who may well have worked their entire lives, are likely to find themselves having to make adjustments for retirement by remaining on the job past the age of 65 and/or finding they need to reduce their standard of living, according... Continue reading
Posted Nov 22, 2018 at Shasta Legacy Law Center
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Should adult children keep a watchful eye on the portfolio? Adult children of aging Americans are finding themselves caught in a delicate situation of whether they should look into the finances and investments of their parents, according to U.S. News & World Report in “How to Help Aging Parents Manage... Continue reading
Posted Nov 21, 2018 at Shasta Legacy Law Center
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There are are many guidelines and proposals, but what is right for you? A key challenge that is likely to be faced by boomers as retirement approaches, is how much should be set aside for the retirement years, according to Florida Today in “Some important considerations for retirement.” The biggest... Continue reading
Posted Nov 20, 2018 at Shasta Legacy Law Center
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More savings? Bigger retirement checks? Sounds like a good idea! Just because someone reaches the age of 65, it does not mean they are ready to head into retirement. Those extra years of working can pay off in the long run, according to Bloomberg Business News in “Seventy Is the... Continue reading
Posted Nov 19, 2018 at Shasta Legacy Law Center
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Planning for retirement may be a hard job. However, it can turn into some joyful years later in life. Planning for your retirement is not only a big job but a really important and serious job that can be used to create a pleasant and even youthful retirement that has... Continue reading
Posted Nov 16, 2018 at Shasta Legacy Law Center
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Need an executor for your estate? Don’t rush, think it through carefully and make the right choice. It would be wise to have a conversation with your heirs that you most likely do not want to have, and it would be best to have that conversation sooner rather than later.... Continue reading
Posted Nov 15, 2018 at Shasta Legacy Law Center
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Decide where you want to locate and then study the opportunities and drawbacks. So, you are retiring. Where do you want to live? What’s the attraction? What is the cost of living? Taxes? Medical facilities? The list is long but there are some factors to look into that can be... Continue reading
Posted Nov 14, 2018 at Shasta Legacy Law Center
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It is possible to keep your intellectual property private. If you have royalties, trademarks or digital assets that contribute to your revenue stream, you need to include them in your estate plan, according to the Times Herald-Record in “Include intellectual property and royalties in your estate plan.” Just as any... Continue reading
Posted Nov 13, 2018 at Shasta Legacy Law Center
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State laws oversee estates and those laws are rarely the same. Many people retire in the snowy north and head to the warm south for a few months each year. If that is your scenario, it would be wise to keep that estate plan current because state laws are not... Continue reading
Posted Nov 12, 2018 at Shasta Legacy Law Center
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You can have a firm grasp on your benefits. While you may think you understand Social Security benefits, don’t be surprised if you don’t know what you don’t know about them, according to The Motley Fool in “4 Signs You’re Thinking About Social Security Benefits the Wrong Way.” Here are... Continue reading
Posted Nov 9, 2018 at Shasta Legacy Law Center
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So, just what is going on with your life, the kids, your health, their health, their future plans? Don’t just ask for the proper documents to create an estate plan. Make sure that your attorney knows what is actually going on in your life, according to the Citizen Times in... Continue reading
Posted Nov 7, 2018 at Shasta Legacy Law Center
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It is important to understand the new tax laws and your opportunities. There has been considerable dialogue about the individual income tax rates in the new tax laws. There are new opportunities for new tax-saving strategies, according to CNBC in “If you’re married and near retirement, consider this tax-saving strategy.”... Continue reading
Posted Nov 6, 2018 at Shasta Legacy Law Center
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The emotional support should be enough to get you started. Organizing your finances and creating an estate plan can be very simple. However, it is often avoided by many people, despite the peace of mind to you and your loved ones, according to The Brownsville Herald in “Additional Financial Protection... Continue reading
Posted Nov 5, 2018 at Shasta Legacy Law Center
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Cognitive ability makes it easier to remain in the workforce. Researchers at the RAND Corp. in the U.S. and a think tank in The Netherlands have determined that personality has an impact upon the decisions made by employees who are considering retirement, according to Think Advisor in “4 Personality Traits... Continue reading
Posted Nov 2, 2018 at Shasta Legacy Law Center