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Estate Planning for Caregivers

Caregiving extends far beyond emotional support, often requiring significant financial commitments. The article explores the financial toll caregiving can take and emphasizes the importance of estate planning in safeguarding both the caregiver's and their loved one's financial futures. It underscores the significance of comprehensive estate planning documents, including wills, powers of attorney, and healthcare proxies, in addressing these financial challenges.
10/12/23 • by: Vick Law, P.C.
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Now Is the Time for Estate Planning

As life is unpredictable, it is better to start planning sooner rather than later. In fact, upon attaining the legal age of majority in your state of residence (typically at age 18), you should begin considering some form of an estate plan.
10/10/23 • by: Vick Law, P.C.
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Should I Enroll in Medicare Before I Retire?

A recent survey found that a third of those nearing retirement age (62-64) who plan to keep working past 65 don’t understand they can sign up for what is often more affordable Medicare coverage, even while they’re still employed. Kiplinger’s recent article, “Yes, You Can Sign Up for Medicare While You’re Still Working,” says that with retirement further away for many, some people must get some help understanding their options. The article answers some common questions concerning retirement postponement and Medicare coverage, including common misperceptions. Your retirement decision is personal and dependent on your situation. Access to health coverage is…
09/28/23 • by: Vick Law, P.C.
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How Can I Minimize or Avoid Estate Taxes?

An unprecedented rush to relinquish wealth is underway, and it isn’t just for billionaires.
09/28/23 • by: Vick Law, P.C.
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How Do I Make Changes to My Estate Plan?

Wills and trusts are typically changed over time as life circumstances, the state where you reside, or your desired outcomes change.
09/28/23 • by: Vick Law, P.C.
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Should I Choose a Revocable or Irrevocable Trust?

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There are important differences between the two types of trusts, including the amount of control you'll have over your assets.
09/25/23 • by: Vick Law, P.C.
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Do I Need a Will?

"Do I need a will?" Estate planning is a topic that touches the lives of all adults, regardless of age or financial status. In this article, we will demystify the importance of wills, exploring why they are a cornerstone of a well-rounded estate plan and how they play a crucial role in securing your legacy and protecting your loved ones.
09/22/23 • by: Vick Law, P.C.
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What are the Different Types of Trusts?

While a simple living revocable trust often meets the needs of many individuals, some require more specialized trusts to achieve their goals.
09/18/23 • by: Vick Law, P.C.
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Tips on How to Pick an Executor

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Have you found an executor (also known as a personal representative) to handle your affairs should you become incapacitated or die?
09/14/23 • by: Vick Law, P.C.
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Concerned About Your Parents Spending? Consider True Link

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In today's world, managing and protecting the financial well-being of our aging parents is a concern shared by many. Elder financial abuse, inadvertent overspending, and the need for controlled spending are some of the challenges faced by both elderly individuals and their caregivers. Fortunately, the True Link Visa® Prepaid Card offers a solution that can […]
09/07/23 • by: Vick Law, P.C.
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