by Robyn | May 24, 2016 | Financial Organization, General, Helping Mom & Dad, Planning for Aging in Place, Saving Money
When I opened the door to my client’s apartment, knew I was in for a treasure hunt. Tim was a new client, and I needed to quickly understand his legal and financial situation. He was in a nursing home and unable to communicate. I spent hours looking through his papers...
by Robyn | Feb 9, 2016 | Banking, Financial Organization, Helping Mom & Dad, Planning for Aging in Place
Barbara’s mother called in a panic. Her power had been shut off. Barbara contacted the electric company and learned her elderly mother had not paid her bills in several months. Barbara, who lives in another state, made an emergency trip sort out her mother’s affairs....
by Robyn | Dec 8, 2015 | Helping Mom & Dad, Planning for Aging in Place
As your parents age, you may become increasingly involved with managing their money. One delicate aspect of this role is helping them make financial gifts to family members and other individuals. Many families have complicated dynamics around money. How do you...
by Robyn | Oct 13, 2015 | Planning for Aging in Place
When we think of Social Security, most of us think, “Retirement!” Did you know Social Security taxes fund three programs? 1. Retirement benefits – provide a lifetime monthly income for retired workers who worked and paid Social Security taxes at least 40 quarters (ten...
by Robyn | Sep 29, 2015 | Planning for Aging in Place, Social Security
Many people think, when they pay Social Security taxes, the government holds their money in a personal retirement account for them. This is not so. Social Security is a “pay-as-you-go” social insurance program. Payroll taxes paid by today’s workers and their employers...
by Robyn | Sep 15, 2015 | Planning for Aging in Place
Social Security, the social insurance program that helps millions of Americans, turned 80 years-old last month. President Franklin D. Roosevelt signed the Social Security Act into law on August 14, 1935. I had two serendipitous experiences this summer which brought to...