If you choose not to create an estate plan for yourself, your home state has created one for you. Is that ok with you?
Sadly, the statistics show that in the last 30 years, African American wealth hasn’t really grown much. Worse yet, they predict that if African American wealth continues to grow at the same rate over the next 30 years, as it did in the last 30 years, it would take 228… Yes, 228 years for us to accumulate as much wealth as Caucasian families had in the year 2016.
Navigating through your Social Security Retirement options can be overwhelming, confusing, and even scary. But you are not alone. We got you covered! Let’s Maximize Your Retirement!
Navigating Through Your Social Security Retirement Options Can Be Overwhelming, But You Are Not Alone. We Got You Covered!
For most, the month of January is New Year's resolutions month. But for some, it's 'I Kicked My Full-Time Gig To The Curb and Am Now Retired Month.’ So of course, throughout the month of January, I’ll provide a number of retirement tips for those retiring and...
I hope you’re open to the possibility that some of the things you look today as merely a part of your norm, may be the very things that answer everything for your great grandchild. It may be the very thing that leads future generations to believe, all the things they are drawn to, even if they appear to be completely outside of what everyone else deems acceptable, is a part of their journey, their legacy, who they are. It will ultimately make them better people…
If you have an Estate Plan, make sure they fully express your wishes, make sure you select a good driver, and leave a map of your preferred route.
Our legacy is defined by the things and experiences we give to others, which have the propensity to transform their lives… for better or worse. Our legacy can be created deliberately, or by default. We decide.
Unfortunately, public benefits will not meet all of the needs of an individual with special needs. If you have a loved one with special needs, it is important to plan early. Being proactive and planning for the inevitable, will ensure that the special needs of your loved one continue to be met, long after you are gone.
This past week, on September 18, the Veterans Administration (VA) published new rules that may impact your long-term care plans. What does this mean for you if you are an eligible wartime veteran or spouse? Any gifts made in the past 36 months, either to a family member directly or through an irrevocable trust, could result in a penalty. Similarly, investing in an annuity could result in a penalty. This means a Veteran or surviving spouse could be prohibited from qualifying for VA pension benefits for up to 5 years, depending on the circumstances. The rules are different as we speak. Wait until tomorrow if you want to, but if you’re looking at the whole picture, you may want to ‘bust a move today’…The new rules go into effect on October 18, 2018.
452 Lakeshore Pkwy, Suite 120
Rock Hill, SC 29730
P.O. Box 10431, Rock Hill, SC 29731
803.262.0442 | Fax 803.828.7779