Some people think that when they get older and they have to go into an assisted living or nursing home facility, they will just be covered by Medicare or their regular health insurance – wrong! Assisted Living Medicare doesn’t cover much of assisted living or nursing home stays. Your assisted living stay could be covered …
Beneficiary
Avoid Naming Minor as Beneficiary
Continuing with September as National Life Insurance Awareness month… One of the main reasons people have life insurance is because they have young kids. Often, people think that they should name their spouse as the primary beneficiary and then the kids as contingents (if something happens to both parents). This blog talks about why you …
College Funding
Part 1 May is “529” month (get it- 5/29? It’s a complete dad joke). I will be talking about college funding. Do you have a child or grandchild that will someday attend college? Great, now go back in time and start saving a lot of money about 5 years before they were born, and maybe …