On June 28th, 2017 LGT Elder Care Coordinator, Maria Motsavage presented to the Financial Planning Association of Southern Tier New York on 'Navigating Long Term Care Coordination.' Thank you for sharing your valuable knowledge!

Americans are misinformed about many aspects of Social Security, and local Social Security offices may not be helping, according to a study by the Government Accountability Office (GAO). The study found that the Social Security field offices often did not provide key information that would help people make well-informed decisions about when to file for benefits.Deciding on the right time and the right way to apply for benefits can be confusing for many people. While you can apply for Social [...]

After initially delaying a rule intended to prevent financial advisers from steering their clients to bad retirement investments, the Department of Labor (DOL) allowed the rule to go into effect on June 9, 2017, but its future is still unclear. Earlier this year, an executive order was issued delaying the so-called “fiduciary rule,” the first part of which was scheduled to go into effect in April 2017, and calling for a review. The DOL is still reviewing the rule and can still make [...]

Four Provisions People Forget to Include in Their Estate Plan Even if you've created an estate plan, are you sure you included everything you need to? There are certain provisions that people often forget to put in in a will or estate plan that can have a big impact on your family.1. Alternate BeneficiariesOne of the most important things your estate plan should include is at least one alternative beneficiary in case the named beneficiary does not outlive you or is unable to claim under the [...]

For better or for worse, our current culture is very car-dependant; in many places, cars are the only convenient link to the outside world. Unfortunately, as people age, driving can become more difficult and more dangerous. The elderly drive less, but have more crashes per mile than younger drivers. This is partially because elderly individuals are more likely to be affected by poor eyesight, chronic disease, and medications that might impair driving. States vary widely on how they treat older [...]