Resources

Rising prescription drug costs are hitting many people hard this year, and you may be wondering where to find relief. We've updated our blog post on the best tips for lowering your prescription drug costs for 2024.

The new year is bringing little change to long term care insurance deduction limits but may mean brand new payroll taxes for long term care being introduced in some states. Below, you’ll find the current deduction limits for individual plans and guidance on factors that affect deductibility of premiums. Check with your CPA to make sure you are getting the deductions you deserve.

We've come to our fifth and final tool for helping loved ones who are receiving care: working together to build new routines that accommodate changing abilities.

In this video, we discuss the technique of positive redirection while caring for loved ones. It's a tool that helps people shift from being upset to finding calm, by directing energy towards possible actions.

Regardless of the worries of today, laying out the full picture of your current retirement plan leads you to a better understanding of how to strengthen it for the future.

One of the most commonly used retirement savings plans, after 401(k)s, are IRAs. Many folks will pass away with assets in their IRAs yet most of us don’t think of IRAs as a part of our legacy. Post updated with updated values for 2023.

In this video, we discuss using reflective listening to get to the heart of difficult issues for your loved one who is transitioning between independence and needing care.

Reminiscing, our next tool for dealing with loss of independence, is probably the most fun for everyone involved.

Let’s talk about grief. According to the Cleveland Clinic, grief is a natural response to any kind of loss, regardless of whether the loss is a spouse, a job, or full mobility.

Caregivers deserve support. But what about those we’re taking care of? Most of us assume that if someone is getting help with the tasks they can no longer do alone, then everything is okay.

My friend, Tara*, didn’t expect to be a single mom. She had a good job, a home of her own, and a husband she loved when she had her children. But after struggling for years…

According to Andrew Rosen’s article in Forbes, “Americans aren’t saving for retirement at all, or [not] enough.” We’ve updated our blog on retirement savings by age for 2023.

Rising drug costs and high inflation are hitting many people hard this year, leaving folks wondering where to find relief. If you or someone you’re caring for is looking for ways to lower prescription costs, this article is for you.

Generally, the conversation about needing long term care to get through the day revolves around cost, availability, insurance and demands on care givers and family. Outside of professional caregiver forums, it’s rare to find a discussion of the emotional and physical distress of the person who receives care.

Trying to balance work, children and anything resembling a personal life can sometimes feel impossible. Days rush by while dreams disappear into the future. Your budget feels stretched to the limit. How is it possible to keep the household expenses paid, pay for life insurance to protect the family in case you or your spouse pass away, put money away for the kids’ college costs, and still save for retirement? If this is happening to you and your children are high school age or younger, options may be here.

Are you one of the millions of adults who have let estate planning fall to the bottom your to do list for years? Does wondering about how you’ll pay for long term care nag at the back of your mind? Has life thrown some curve balls that smacked the life out of your retirement savings?

Sometimes it feels like it’s just too late or too hard to rescue your retirement dreams, but take a minute to remember all the times you’ve been knocked down yet found a way to get back on your feet.

Last year brought home to me the reality of aging. My husband and I experienced five deaths of people close to us which included responsibilities for three of the estates. My mother, Joan, and a close family friend, Russell (through his wife Mary) chose me to handle their estates as Personal Representative – a role I’d never held before. Since both estates were small and had been prepared by the same local estate attorney, the comparison of how they turned out was eye opening.

Most of us have either experienced or heard about long, expensive, painful Probate proceedings. Many of us wonder if avoiding Probate will protect our legacy and ease the burden on our beneficiaries when we pass. As with most things involving the law, there’s no one answer.

During the current high inflation, many of us are rethinking our retirement plans and wondering if we’ll outlive our savings. If you’re still working and saving for retirement, it’s not too late to make some changes to account for higher inflation. If you find yourself in a bind with an unexpected expense or a view of the end of your retirement income, you may be able to recoup some funds.

Chances are you or someone you know has opened their heart and dedicated their time as an unpaid caregiver. But what happens when a loved one that needs care is too far away to help day to day? The good news is that there are ways to lend support from a distance.

According to the latest statistics from the Alzheimer’s Association, over 11 million Americans provide unpaid care (totaling more than 16 billion hours) for people with Alzheimer’s or other dementias. 1 in 3 seniors die with dementia. Like many of you, I am one of those eleven million Americans who has cared for a family member – my mother.

Estate planning is more than wills and powers of attorney. It’s having some control over what happens to your assets when you pass on. One of the most commonly used retirement savings plans, after 401(k)s, are IRAs. Many folks will pass away with assets in their IRAs yet most of us don’t think of IRAs as a part of our legacy.

The folks at LegacyLock believe helping people is good business and they feel their success speaks for itself. They’ve worked hard to build an estate process that includes all the documents for your estate plan, a living trust, healthcare and financial power of attorneys, living will and advanced directives with simple, clear instructions.

Spending time with family and friends during the holidays may have you wondering about what you will happen when you leave this mortal coil. So many questions come up! None of these questions are easy to think about. But not knowing the answers can keep a person up at night. Our mission is to help you find a measure of safety and peace of mind. That’s why we’ve brought LegacyLock to the table.