What You Should Know About Long-Term Care Insurance With people living longer than ever before, more and more seniors require long-term healthcare services in nursing homes and assisted living facilities. However, such care is extremely expensive, especially when it’s needed for extended periods of time. Traditional healthcare insurance doesn’t cover such services, and though Medicare does pay for some long-term care, it’s quite limited, difficult to qualify for, and requires you to deplete nearly all of our assets before being eligible (or do proactive planning to shield your assets, which we can support you with). To address this gap in

Former Zappos CEO Tony Hsieh Dies Without A Will—Part 2 Last week in part one of this series (Part One) we discussed how Tony Hsieh became an Internet pioneer, starting two wildly successful companies, LinkExchange and Zappos, the latter of which he sold to Amazon for $1.2 billion. It was as CEO of the online shoe brand Zappos where Hsieh developed his vision for life and business: delivering happiness. A Double Life Hsieh outlined this mission in the 2010 book, Delivering Happiness: A Path To Profits, Passion and Purpose, which became a New York Times number-one bestseller. Yet while the

Former Zappos CEO Tony Hsieh Dies Without A Will—Part 1 On November 27th, nine days after being pulled unconscious from a house fire in a beachfront home in New London, Connecticut, Tony Hsieh, the former CEO of the online shoe retailer Zappos, died due to complications of smoke inhalation. Hsieh, who was single and had no children, was just 46. Although the cause of the fire is still under investigation, law enforcement ruled his death accidental. At the time of his death, Hsieh was worth an estimated $840 million, but in spite of his immense wealth, it seems he did

Questions to Consider Before Hiring an Estate Planning Lawyer – Part 2 Last week we looked at two questions to ask before hiring an estate planning lawyer.  Choosing a lawyer can be empowering if done right.  Discussing these sensitive topics does not have to be morbid or intimidating. Here are three more questions to ask before hiring an estate planning lawyer. How will you proactively communicate with me on an ongoing basis? The sad truth is lawyers don’t always do a good job of staying in regular communication with their clients. Often, they don’t have their business systems set up

Questions to Consider Before Hiring an Estate Planning Lawyer – Part 1 You may think that hiring an estate planning lawyer may be intimidating or morbid because you will be topics like death and incapacity and other dire scenarios.  But it doesn’t have to be that way. Instead, it can be the most empowering decision you ever make for yourself and your loved ones. The key to transforming the experience of hiring a lawyer from one that you dread into one that empowers you is to educate yourself first. This is the person who is going to be there for

Remarrying In Midlife? Avoid Accidently Disinheriting Your Loved Ones Today, roughly one in four divorces involve those over 50, and divorce rates for this demographic have doubled in the past 30 years, according to the study Gray Divorce Revolution. For those over age 65, divorce rates have tripled.  Indeed, the trend of couples getting divorced after age 50 has grown so common, it’s even garnered its own nickname: “gray divorce.” With divorce coming later in life, the financial fallout can be quite devastating. Indeed, Bloomberg.com found that the standard of living for women who divorce after age 50 drops by