The future is uncertain. The Social Security Administration's Advance Designation program allows you to preselect a trusted individual if a time comes when you need a representative payee to help manage your money. Advance Designation enables you to identify up to three people, in priority order, whom you would like to serve as your potential representative payee.
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We need to consider quality-of-life issues and choices for our older adults. We want to do our best, and often go to extreme medical measures and tests to “help” our elderly loved ones. But is this the best approach?
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If you want to make a gift to family members but have exceeded the annual gifting limit, there is another way. Payments for a family member’s education or health care expenses are exempt from the gift tax.
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While it may be tempting to just take out a pen and make changes to your will by hand, don't. Changes will not be effective unless you use the same formalities as you did when drafting the will. And depending on state law, changes made by hand on the will may void the will altogether.
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Days of kitchen table conference calls in pajama pants are ending for many of us. If you're anxious about returning to the office after a year or longer, there's good news: you can make the transition easier with a few simple tips.
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“Hard” soft skills refer to qualities like resiliency, grit, tenacity, perseverance and a will to fight through adversity. These skills are the undergirding and foundation of soft skills. In a millennial world, we find ourselves constantly having to reimagine, redirect, reinvent and reboot ourselves. It is almost an essential basic skill to hit the reset button… over and over.
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