Part of Your Financial Plan: Remember to Update Your Beneficiaries!

Here’s a question: if you’ve made it clear in your will which one of your heirs should inherit money from your estate, how it is possible those funds will end up going to someone else? The answer is simple: if you’ve forgotten to update the beneficiary information on a life insurance policy, retirement plan, or […]

Ten Critical Ways for Seniors to Avoid Identity Theft

How common is identity theft? According to a recent article on the website Huffington Post, each year about 17 million Americans fall victim to this frustrating, insidious crime. Because senior adults are often more trusting and less tech-savvy, they seem particularly prone to identity theft, resulting not only in financial loss but also in embarrassment […]

Some Surprising Things Millennials Want to Hear from Boomer Parents

Here at AgingOptions, one of the hallmarks of our LifePlanning process involves clear, complete family communication. Over the years we have dealt with many difficult situations in which Mom and Dad never sat down with their adult kids to go over their retirement plan and explain their wishes and preferences as they age. This lack […]

Reuters Report: Death of Prince Prompts Renewed Interest in Wills

Whenever a celebrity dies, there’s always a ripple effect. The death of Casey Kasem prompted increased interest in issues of health care directives, guardianship and end of life planning. The death of Michael Jackson shed new light on the abuse of prescription drugs. Now, barely six weeks after the death of the rock star Prince, […]