Essential Estate Planning Tips

Most Americans are aware of the importance of planning for their future, yet an estimated one hundred and twenty million of them have no estate plans to speak of. An estate plan, or retirement planning, is the best way to protect yourself, your assets, and your loved ones in the event of your death, illness, or in case of an accident. Read more

Senior Credit Cards Stolen

America’s senior citizens are often the targets of some of the most deceptive criminals in the nation. In the Commonwealth of Massachusetts alone, financial scams which involve senior citizens and the elderly have become all to common over the last ten years. A recent letter from the Massachusetts Chapter of the National Academy of Elder Law Attorneys cautions senior citizens as well as those who care for them about some of the scams which plague our elderly. While everyone has heard of the last scam involving credit cards at Target, credit card scams are just one of the many ways which criminals take advantage of older citizens who may seem to be easy targets. While these Americans should be worried about retirement planning, they have to deal with having their senior credit cards stolen and such. If you or a senior citizen that you love has been the victim of a scam, contact Elder Law, Retirement, and Life Planning Attorney Patricia Bloom-McDonald. Read more

Best Places to Retire Inexpensively

Let’s face it; with today’s economy, many people are waiting later and later in life to retire, and some are afraid that they never will be able to afford it. According to US News, the best way to expand your retirement nest egg is to move to a location where it is much cheaper to live. When you cut your cost of living, you suddenly find yourself able to live much better. For those who are interested in retirement planning and estate planning, this can be a very good way to live well on into your later years. Read more

Are Americans Ready to Retire?

In a frightening reveal of Elder Law News, a new study shows that most Americans are facing such economic hardships that they are not preparing for retirement. According to a report in the LA Times, over fifty percent of all workers in the United States are not saving nearly enough money to cover even the most essential living expenses that they will incur during their retirement years. Retirement Lawyer Patricia Bloom-McDonald understands the hardships that American retirees may face. Read more

Estate Planning To Do List

Most people are aware of how important retirement planning can be. Unfortunately, this does not always cause them to follow through and hire an Estate Planning Lawyer. Recent Elder Law News shows just how badly the United States economy has hit our senior citizens, and the toll it is taking on their retirement plans. If you have questions about retirement planning, give Estate Planning Lawyer Patricia Bloom-McDonald a call today. In the meantime, here is a quick “to do” list for estate planning. Read more