The Legal Documents Every Senior Should Have by Age 65
Turning 65 is a major milestone—and a great time to make sure your legal and financial affairs are in order. Whether you’re on disability, nearing retirement, or already receiving Medicare, having the right legal documents in place can give you and your loved ones peace of mind. Here are the five essential legal documents every senior should have by age...
What is a Simple Trust?
The main purpose of a simple trust is to generate and distribute income while preserving the principal for the future. Simple trusts provide an easy way to manage and share assets, making sure beneficiaries get their inheritance without extra trouble. Whether you are new to estate planning or want to improve your current plan, learning how simple trusts work can...
How to Make a Social Security Account
Having an online account with the Social Security Administration (SSA) helps you manage your disability claim, check your benefits, and get important documents. Making an account is easy and saves you time. Here’s a simple guide to help you get started. What You Need to Make an Account To create an SSA account, you must: Be a U.S. citizen Be...
Will Volunteering Impact My Long Term Disability Benefits?
Volunteering is a fulfilling way to give back to the community, stay engaged, and maintain a sense of purpose. If you receive long term disability benefits (LTD), you may be concerned that volunteering may affect your eligibility. Although volunteering is not considered paid employment, certain factors may still impact your LTD benefits. Maintaining your benefits while participating in volunteer activities...
Veterans Disability For Prostate Cancer and Agent Orange
Unfortunately, many Vietnam War Veterans exposed to Agent Orange are now suffering from prostate cancer and other health conditions linked to their service. Veterans with prostate cancer who were exposed to Agent Orange or other herbicides during their military service are not required to prove a connection between their prostate cancer and their service to qualify for VA disability benefits....
Should I Quit My Job If I Receive 100 Percent VA Benefits?
If you're a Veteran receiving 100 percent disability benefits from the VA, you might be unsure if you need to stop working. The answer is: it depends on your situation. Let’s explain what you should know. What Are 100 Percent VA Disability Benefits? When the VA gives you a 100 percent disability rating, it means they believe your service-related injuries...
Can I Still Get LTD Benefits If My Employer Goes Out of Business?
If your employer goes out of business, your eligibility for Long Term Disability (LTD) benefits depends on the terms outlined in your insurance policy. Here are several factors to keep in mind: Employer-Sponsored LTD Insurance: If your employer offered you LTD insurance through a group plan and then ceases operations, this policy may be impacted. However, the policy might remain...
7 Reasons Why Medicaid Planning Is Important
Implementing Medicaid planning strategies is essential for several reasons, particularly for individuals who foresee the need for long term care or assistance with medical expenses. Here are 7 reasons why: Protecting Assets: Medicaid has strict income and asset limits for eligibility, and individuals often need to spend down their assets before qualifying. Medicaid planning allows individuals to protect certain assets...
How to Manage Your Finances While Waiting for Disability Benefits
When you’re applying for disability benefits, whether through Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI), it’s a challenging and stressful time. The wait for approval can take months, sometimes even years, and during that period, managing your finances becomes an essential part of ensuring your well-being. Here’s a guide on how to manage your finances effectively while...
How Toxic Exposure Affects Veterans’ Disability Claims
The PACT Act is a law that helps Veterans who were exposed to harmful substances during their military service. For some Veterans, it helps them prove that this exposure causes certain health problems. According to the Department of Veterans Affairs (VA), “toxic exposure” means being in contact with harmful substances that can cause health problems. Types of Toxic Exposure in...