Estate planning is the process of organizing the distribution of a person’s assets while they’re alive in anticipation of their passing. Most people create an estate plan at least once and preferably update it throughout their life. The essential purpose of an estate...
Month: December 2022
The 8.7% COLA for Social Security recipients arrives in January
In less than three weeks, people who receive Social Security benefits will see an 8.7% increase in their monthly payments, giving them a needed boost for rising prices stemming from inflation. The list of those who benefit includes retirees and survivors as well as...
The purpose of making a will while you’re young
Do you know what an estate plan is? Essentially, an estate plan, for those unaware, is the legal documentation of your last wishes, including, but not limited to, asset distribution and funeral arrangements. While that sounds all well and good, you’re still young and,...
Is there any way to speed up your SSDI claim?
When you file your Social Security Disability Insurance (SSDI) claim, the wait to hear if you’ve been approved or denied can be excruciating. On average, people are waiting about five and a half months to get a decision. The worst part is that – should your initial...