By James S. Rizzo, Esq.* “What’s in a name?” – William Shakespeare To answer Shakespeare, “Everything!” Many people may not associate naming beneficiaries on insurance and financial documents as “estate planning” because it usually does not involve a visit with an attorney. However, what is normally the easiest form of estate planning is often neglected…
5 Reasons To Keep Your Beneficiaries Up to Date Read More »
By James S. Rizzo, Esq.* “Out of crisis comes clarity.” – Randolph O’Toole I’m sure by now most people have had their fill of quarantine, health fears and/or much worse, having to deal with a loved one who has fallen ill or passed away during this pandemic. Many feel anxiety about the real or perceived
5 Estate Planning Documents to Consider in the Wake of COVID-19 Read More »
The Social Security trustees are projecting that the Social Security trust fund will be depleted in 2033 — one year earlier than the previous estimates. Once the fund is depleted, Social Security benefits will be reduced unless Congress takes action.
Social Security Shortfalls Are Predicted to Begin a Year Earlier Due to the Pandemic Read More »
Every year during Medicare’s Open Enrollment Period, which runs from October 15 to December 7, Medicare gives beneficiaries a window of opportunity to shop around and determine if their current Medicare plan is still the best one for them.
It’s Medicare Open Enrollment Time: Is Your Plan Still Working for You? Read More »
All older Americans are vulnerable to financial abuse, but there are circumstances that make someone more likely to be scammed. An online survey can help older adults assess their risk of being exploited based on how they make financial decisions.
Online Survey Helps Older Adults Assess Their Financial Vulnerability Read More »
The Biden administration is calling on Congress to pass proposals to lower prescription drug prices, including allowing Medicare to negotiate with drug companies and capping out-of-pocket spending by Medicare beneficiaries.
Armed with a New Report, White House Pushes Congress to Reduce Prescription Drug Costs Read More »
The Senate Democrats’ proposal for a $3.5 trillion spending plan includes expanding Medicare to provide dental, vision, and hearing benefits. The proposal is now being negotiated in Congress.
Medicare Would Cover Dental, Vision, and Hearing Under Senate Democrats’ Spending Plan Read More »
Britney Spears’s struggle to regain control over her business and personal life shines a spotlight on legal guardianship and alternatives that involve less loss of control over one’s life.
By James S. Rizzo, Esq.* “A man who procrastinates in his choosing will inevitably have his choice made for him by circumstance.” – Hunter S. Thompson Clients are often surprised when I tell them the Power of Attorney is arguably the most urgent estate planning document to have completed, with a Will and Health Care
The Dangers of Not Having a Power of Attorney Read More »
Studies have found that workers overestimate how much they will receive in Social Security benefits when they retire. Having a good understanding of the realities can help you plan for retirement.
You May Be Overestimating Your Social Security Benefits Read More »
