Financial Planning

Financial Planning

3 Things to Know About Being an Executor

Choosing an executor is a big decision when it comes to estate planning. So, what should I know about an executor? What should I consider before naming an executor? Here are answers to three common questions about executors. ...
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SCORE Cleveland: Their Business is Your Business

SCORE Cleveland helps would-be entrepreneurs, community developers and others (mentees) by providing trained mentors who have the desire and know-how to help others. Many are retired from their own businesses and careers. ...
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SNAP Benefits Drop to Pre-Covid Amounts; Now What?

Monthly allocations for SNAP benefits, or food stamps, are dropping to pre-pandemic levels, and that will have a big impact on people who rely on the federal program. What can you do to help? Donate money to your local food bank. They anticipate a big increase in the number of people seeking assistance. ...
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Appointing an Executor? Here’s What an Executor Cannot Do

If you're like most Americans — more than 60%, according to most surveys — you don't have a will. You need one. Get one. Do it today. Then read this story about what an executor can and cannot do. ...
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Should an SSI Recipient Refuse an Inheritance?

When an SSI beneficiary finds out that they will receive an inheritance, their first reaction may be to refuse it. But this refusal, also known as a “disclaimer,” might worsen things for the beneficiary. There are, however, other options. ...
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Help Someone You Love Apply for Social Security

This Valentine’s Day, take time to remind your loved ones that Social Security helps people in all stages of life. Online services provide easy and convenient ways to learn about and apply for benefits. ...
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Are You Financially Educated on Retirement Savings?

Financial education helps people learn about savings, credit and loans. It also helps prepare people for life changes to weather the unexpected. Retirement shouldn't fall into the "unexpected" category. After all, we've probably thought about it and talked about it for years. Then all of a sudden, it's here. Don't let it catch you off guard. ...
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When Does a Person Lack Capacity in a Guardianship?

Does someone you love lack the ability to make decisions for themselves? Who needs a guardian and how does that happen? We cover a few basics with help from an elder care attorney. ...
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