Financial Planning

Creating a Will: Guidelines & Considerations

Creating a Will: Guidelines & Considerations

Writing a will is a crucial task that provides peace of mind for both you and your loved ones. Once you’ve created a will, you can rest assured that your family will be taken care of and that your assets will be managed appropriately after your passing. A will lets your family members know what your final wishes are, so they can find peace and closure in fulfilling those wishes. 
 
It isn’t necessarily easy to create a will, as we rarely want to consider our own mortality. But it’s important, both for you and your family, that you have a will. The process of creating a will is not overly complicated or expensive, and it is well worth the clarity and comfort it provides. 
 
This post highlights some of the important aspects of will creation. This guide should ensure that you don’t miss any key components when creating your will or helping a loved one create theirs. If you make sure that the will you write includes the following components, it will be legally valid and will stand up to any challenges. 

The Pros and Cons of a Reverse Mortgage

The Pros and Cons of a Reverse Mortgage

You want to be sure that you fully understand the advantages and disadvantages of a reverse mortgage before choosing it to help with current expenses and maintain your lifestyle. We will explore the pros and cons of this loan agreement to help you make the best decision that suits your needs.

How to Estimate the Cost of Aging

How to Estimate the Cost of Aging

Most people are able to make preparations for the future. Planning to take a summer vacation to Malta? You know you need to set aside some money for travel expenses, and to ensure you have enough time off work. However, planning becomes much more difficult when you’re trying to plan for an entire life shift. Aging is a continuous process that we think we are ready to handle because we have been dealing with it for our entire lives. But, as we get older, the aging process rapidly speeds up and comes with many necessary adjustments that will seem overwhelming to the unprepared. 

How to Talk to Your Employer When You Are a Family Caregiver

How to Talk to Your Employer When You Are a Family Caregiver

It’s very difficult, if not downright impossible, to fully manage the day in and day out demands of providing care at home and providing support at work – no matter what job you have. At some point, you may need to speak with your employer and ask for their understanding in finding creative ways to help you manage your dual work load. We recommend the following four steps to help guide you in asking for assistance.

Paying for Home Care

Paying for Home Care

Depending on your needs, home care can get very expensive, so understanding all of your options is critical. We’ll look at public funding that is available, some pre-planning you can do, and possible solutions if you still fall short of your needs.