The vast majority of seniors today are using the Internet at least once a week to check email, pay bills online and keep in touch via social media. But all that time online puts them at risk for scams and hacks, such as tax fraud.
In fact, a new survey by Home Instead, Inc., franchisor of the Home Instead Senior Care network, found that 67 percent of surveyed older adults have been the victim of an online scam or hack.
- Submitted by Robert Taylor
- Category: Finances and Legal
The passing of a spouse can take a heavy emotional toll on anyone. Especially early on, newly bereaved widows or widowers may find it difficult to get through each day, much less focus on items that involve paperwork and investments. But, while everyone grieves differently and on their own timetable, it is important for those who've suffered the loss of a spouse to get their financial affairs in order - and the sooner, the better. Breaking it into smaller tasks can make the process feel less daunting. If you or someone you know are looking for guidance on organizing your finances following the death of a husband or wife, the following checklist can help.
- Submitted by Sigfried Metz
- Category: Finances and Legal
Property you own can be transferred to your heirs or chosen beneficiaries upon your death in one of several ways. If the particular asset is owned by you and another individual, as in the case of a residence which you jointly own with your spouse with a right of survivorship (JWROS), the property will automatically pass to your spouse upon your death. Assets may also pass by means of a beneficiary designation, such as in a transfer on death deed or in a pay on death account with your bank. A third possibility is property passing via the probate process, either in accordance with your will or (in the absence of a will) in accordance with the laws of intestacy.
- Submitted by Robert Lawrence
- Category: Finances and Legal
Most young people ignore the fact that they will grow old one day. It is the wise ones who not only think about it but also provide for their future. Statistics show us that almost one out of two Americans require long term care when they grow old. Due to immobility and illness people become dependant on families and institutions to carry out normal daily activities such as dressing and bathing.
- Submitted by Robert Lawrence
- Category: Finances and Legal
If there is any fear that eclipses our fear of death, I would venture to say that for many of us it is the fear of being incapacitated. I refer to that point where one is no longer able to make competent decisions on his or her own behalf or communicate one's personal choices, needs or desires to those around him.
- Submitted by Robert Lawrence
- Category: Finances and Legal
More and more people are buying life insurance online and the numbers seem to be doubling every two years. The reasons are clear. Prices are lower on the Internet and life insurance is fundamentally a simple insurance product.
Despite the underlying simplicity of life insurance, most web sites channel their online clients through a telephone based help and advice service manned by experienced personnel. They represent your safety net so if a little technical knowledge is called for, help is at hand.
- Submitted by Michael Challiner
- Category: Finances and Legal
Leading providers of long term care (LTC) insurance policies encourage families, who have members that will need LTC anytime soon, to sit down and seriously talk about future care giving services in order to avoid facing the soaring long term care costs.
- Submitted by Sigfried Metz
- Category: Finances and Legal
Decades of leading a fast paced life, chasing ambitions, goals and careers, can be really draining and retirement is one of those phases in your life where you can have the opportunity to slow down, start over and enjoy life to the full.
- Submitted by Chris Ball
- Category: Finances and Legal
Nowadays, medical costs are getting higher and higher, leaving patients wondering how they are going to pay for their hospitalization and medication. If you don’t want to be taken by surprise by these high costs, take some precautions and get insured. Health insurance plans such as medicare part a are ideal for all those who want to have a good coverage in case of an urgent hospitalization.
- Submitted by Melany Malot
- Category: Finances and Legal
If you are a senior citizen or a retiree, a good credit score, fixed APR and down payment are the key factors for getting an auto loan. Here are a few things for you to keep in mind that will assist you in getting one step closer to your dream car.
- Submitted by Williams Orchard
- Category: Finances and Legal
The United States Social Security Administration
https://www.ssa.gov/
Twitter - Government Social Security (@SocialSecurity)
https://twitter.com/SocialSecurity
Social Security Questions - USA.gov
https://www.usa.gov/about-social-security
- Submitted by SCA Administration
- Category: Finances and Legal
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