Your Trusted Planning Advisor Through Life
Home » Blog » Elder Law » 2014: New Rules; New New Year’s Resolutions!

2014: New Rules; New New Year’s Resolutions!

NEW YEAR’S RESOLUTIONS FOR 2014

2013 introduced significant legal and social developments in our country such as:

  • the United States Supreme Court’s ruling in Windsor resulting in federal rights being available to married same sex couples
  • individuals delaying their retirement age due to increased life expectancies, weakened retirement systems and poor financial planning and
  • states like Pennsylvania passing laws that hold adult children financially responsible for their parents’ care in a nursing home Click here to read about filial responsibility.

From my perspective as a legal advisor the ‘take-away’ is about planning and being accountable for creating the life we desire.  As you get ready to celebrate this New Year here are a few new years’ resolutions to consider implementing now:

  1. Invest in your, and your family’s, future by having quality legal documents prepared before an emergency arises. Legal documents such as a Durable Power of Attorney and Designation of Healthcare Surrogate may prevent a court ordered guardianship proceeding that can be costly and time-consuming.
  2. Schedule an appointment at your local Social Security Administration to learn how to maximize your retirement benefits and possibly your spouse’s spousal benefit by starting and then suspending your benefit or, delaying your retirement age.
  3. Create a team of advisors (attorney, accountant, financial advisor) early in 2014 to guide you.

We want to be your trusted legal advisor through life.  Start your new year off on the right foot by becoming an informed legal consumer:

We wish you a healthy and happy 2014!

Law Office of Stephanie L. Schneider, P.A.