Waiting to claim Social Security until age 70 will boost benefit amounts, but there is no reason to hold off collecting after that point. Financial incentives such as delayed retirement credits end once an individual reaches age 70. In Texas and other states, those...
Month: January 2018
Long-term care planning can cause retirement stress
After many years of hard work and effort, the most rewarding part of life for seniors is the anticipation of retirement. For some, the end of careers and pending retirement can cause excessive stress. In Texas and other states, the burden of planning for long-term...
Moguls estate takes almost eight years to settle
A marriage that lasted over 28 years to a titan of technology ended after the husband suffered a stroke and died at the age of 75. Stunned and shocked and finding it hard to fathom, the widow and her two stepchildren entered into an estate battle with a major...
Investments are the best inheritance gifts for heirs
Passing down learned financial expertise to children and grandchildren is a great way for families to invest in their future. Recent changes to tax laws have altered the dynamics regarding multigenerational investment planning. In Texas and other states, it makes...
Procrastination is one of the biggest mistakes in estate planning
Writing a will and making a list of assets to be passed along to heirs is the first step in preparing for the future. Procrastinating about estate planning is a common mistake. In Texas and all other states, not having the proper documents in place in the event of...