This newsletter is from Grosskopf Law Office, LLC | Send to Friend | Subscribe | Web Version

Peter E. Grosskopf, Attorney at Law

OFFICE HOURS
Monday - Friday 8:30am to 5:00pm
(Closed for lunch from noon to 1pm)

 

MESSAGE FROM OUR OFFICE: 

 TIME TO ORGANIZE

January is a good month to organize, particularly your finances, as January is typically the month when most people receive their 1099s showing interest or dividend income, year end statements showing balances in all your accounts, and new Social Security statements showing any adjustment in monthly checks.  This makes January also a good month to make sure your Estate Planning documents are up to date.

As part of our Estate Planning documents, we include an organizer, where you can keep track for your family of where you have accounts, who the contact person is, addresses, and approximate balances. We have heard back from many people that this has been very valuable in administering an estate or trust when that time comes.  However, it is only valuable if it is up to date and accurate.

Another common thing that some people do is to create an annual spreadsheet, showing changes in accounts, from year to year, and increases and decreases, or other changes. 

If you want to review your estate plan, please call our office to schedule a time. For convenience, we are doing appointments by telephone, Zoom calls, or in person.

Thank you, and Happy New Year to all of you, from all of us.

Featured Articles

JANUARY 2021

Annual Long-Term Care Survey Finds Steep Rise in Assisted Living Facility Costs Amid Pandemic
All Long-term care costs rose sharply in 2020, but assisted living facility costs increased the most, according to Genworth’s latest annual Cost of Care Survey. The across-th...
Can You Visit Nursing Home Residents After They are Vaccinated?
COVID vaccines are starting to roll out to nursing homes across the country, signaling the beginning of the end of the pandemic. Once your loved one has had both doses of the vaccine, you may be able to visit, but precautions are still necessary.
The Attorney's Role in Medicaid Planning
Do you need an attorney for even "simple" Medicaid planning? This depends on your situation, but in most cases, the prudent answer would be "yes."
Who Should Purchase Long-Term Care Insurance?
Buying long-term care insurance is one way to protect against the high cost of long-term care. However, this type of insurance may not be for everyone, so consider all your options.
What Is Critical Illness Insurance and Is It Worth Buying?
Many employers offer critical illness insurance as part of their benefit package. What is this insurance and is it worth purchasing? Before paying for a plan, you should read the fine print and consider alternatives.

If you would like to unsubscribe and stop receiving these emails click here.