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Bankrupted by Medical Costs in Retirement

Bankrupted by Medical Costs in Retirement

We all know that inflation will eat away at our Social Security and whatever pension or retirement account we may have. Few of us realize that rising medical costs will affect us even more. An increasing number of American retirees are filing for bankruptcy. They’re bankrupted by medical costs in retirement.

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Joint with Right of Survivorship?

Joint with Right of Survivorship?

Many people tell me that someone else is “on” their bank account. I have to ask them what this means. Is the person just a convenience signer with no right to the money? Is the person a joint signer with a right to withdraw all the money now and half of it after they die? Is the person a joint signer with right of survivorship with the right to withdraw all the money now and all of it after they die?

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Do I Need a New Will?

Do I Need a New Will?

An old Will is only outdated if circumstances have changed. If they have, you may not need a new Will. You may only need a Codicil. If you are wondering if you need a new will, these 15 questions will help you determine if your documents reflect your current reality.

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