Financial Planning Includes Elder Care
As your parents age you may find yourself having to decide how to care for them. Part of choosing the right elder care solution for your family is financial planning including looking at what assets are available to pay for the care and whether the family member is eligible for Medicaid. It's important to realize that hospitals who help care for elder family members may refer you to a hospital-affiliated nursing home as opposed to a solution that may be best for your unique situation.
How To Find Estate Planning Attorney
To protect yourself and your family it's critical to do estate planning with the help of an attorney. Learn what's included in a comprehensive estate plan and how you can find an estate planning attorney, especially if you live in Chicago. Estate planning includes not only a will but also powers of attorney and a living will.
Financial Planning: Finding The Right Person To Manage Your Money
Most people don't set aside the time to think about their financial planning. Instead it's might be easier to find someone to the financial planning for you. There are several different types of people who are certified to manage your money and do your financial planning. A little bit of research can help you find the right person to manage your money and keep your financial plans on the right path.
529 Plans: Invest and Save Money For College
As paying for college gets more and more expensive, parents try to find new ways to invest and save money - the best being a 529 plan. 529 plans are similar to 401(k)s, except instead of retirement, you invest and save money in a 529 plan for college. Each state has its own type of 529 plan to help parents invest and save money for college.
50 Simple Steps You Can Take To Disaster-Proof Your Finances
Disaster-proof your finances with advice from Ilyce R. Glink. The best time to plan for trouble—the death of a spouse, the collapse of a business, the loss of your home—is before you’re overwhelmed by it. This is especially important if you have a family or a small business or are beginning to save for your retirement.
Personal Finance Advice For Women
In this Money 101 segment on WGN, the topic is women and money. When it comes to personal finances, women need to understand personal finance basics and be proactive in managing their financial lives. Those women who delegate financial management to their partners often are in for a rude awakening when something goes wrong -- a divorce or death of a spouse for example.