Elder Care & Estate Planning Blog

14
Mar
Retirement

Single Seniors Require Special Planning

“Estate planning and long-term care are two aspects of retirement that can take on more importance for older singles.” For seniors who are single and childless, a lack of a ...

14
Mar
Retirement

Where is the Worst Place to Retire?

“High taxes and cost of living make these states undesirable for retirees, according to Bankrate.com.”A state’s taxes and cost of living are the most critical factors when deciding where to ...

14
Mar
Probate and Estate Admin

Kentucky Appellate Court Decides Payable On Death Issue

“KRS 391.315(1)(a) provides the funds remaining in a joint account at the death of a party belong to the surviving party.” In a 2018 case, Coe v. Schick, the Kentucky ...

14
Mar
Asset Protection

Why Do a 529 Plan for My Kid?

“Investing in your child’s education early can position them to take advantage of the numerous opportunities that will shape their future.” A 529 college plan is a great way to ...

14
Mar
Estate Planning

Do You Have a Ticking Time Bomb in Your Estate Plan?

Blog last updated on June 21, 2021. When you create an estate plan with an attorney or financial advisor, you will be asked to name several people to act on ...

14
Mar
Medicare Medicaid

Do You Know What’s NOT Covered by Medicare?

Most individuals can put in for Medicare three months before the month they turn 65. There are two parts to it: unhelpfully labeled Part A and Part B. Essentially, Part ...

14
Mar
Estate Tax Planning

Recent Tax Law Means Review Your Estate Planning Documents

“Recent tax law has led some seniors to assume that they can delete estate planning from their to-do lists. But that is a dangerous assumption.” If your current will hasn’t ...

14
Mar
Retirement

When Should I Take My Pension?

“Driven mostly by employers’ desire to reduce their long-term liability exposure, pension plans have become increasingly rare.” It was common to get a pension when you worked for a company ...

14
Mar
Estate Planning

Beneficiary Designations are Critical to Estate Planning

“Have you checked your beneficiary designation for your retirement account recently?” It’s important to review the beneficiary designations on accounts like life insurance, IRAs and pensions. Investopedia says that outdated ...

14
Mar
Elder Law

We’re Not Prepared for Getting Old

“Three-quarters of Americans will need long-term care, but few are prepared for it, according to a new study.” Americans aren’t readying themselves for the costs of getting old, says Think ...

Van Dyck Law Client Reviews

“It was a pleasure working with Van Dyck Law & all of the associates I came into contact with. Everyone was efficient, professional and nice to work with. Fiona is wonderful to work with, as well as her staff.”

– Mary Ellen-Princeton, New Jersey

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