What would happen if you were mentally or physically unable to take care of yourself or your day-to-day affairs? You might not be able to make sound decisions about your health or finances. You could lose the ability to pay bills, write checks, make deposits, sell assets, or otherwise conduct your affairs. Unless you’re prepared, incapacity could devastate your family, exhaust your savings and undermine your financial, tax and estate planning strategies.
She can only mouth words and nod her head, but a bed-bound, 91-year-old Long Island woman has made herself clear — she does not want to be taken off the machines that keep her alive.
A new law could affect the IRAs and 401(k)s of millions of Americans in 2020.
According to the U.S. Census Bureau, the average age of widowhood in the United States is a surprisingly young 59.
With a new year upon us, it is a perfect time for people who have not begun the process to understand the benefits of getting a plan started.