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Recent Blog Posts

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Protecting Your Elderly Family Members From Romance Scams

By Gierach and Gierach, P.A. |

Finding a friend or a romantic partner late in life can be a beautiful thing, especially when you consider how detrimental loneliness is to the physical and mental health of seniors.  Unfortunately, scammers realize that there are plenty of lonely seniors out there and are willing to give them the illusion of friendship or… Read More »

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Snowbird

A Snowbird’s Guide To Getting Your Ducks In A Row

By Gierach and Gierach, P.A. |

While you were working, you always wished that your vacations to Florida could last longer.  Now that you are retired, you have all the time in the world to spend in Florida, but it isn’t quite that simple.  The mild winter weather is heavenly, but in the summer, you could do without the daily… Read More »

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Health Is More Important Than Money In Determining When You Should Retire

By Gierach and Gierach, P.A. |

Financial planners are fond of saying that you are ready to retire when your retirement savings balance is such that four percent of it will cover your expenses for a year.  Anyone who has seen the price of a dozen eggs since the omicron wave subsided knows that most of us will never reach… Read More »

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Scam

Beware Of Inheritance Scams

By Gierach and Gierach, P.A. |

When you receive a letter in the mail that proclaims that “you win” before you even open the envelope, or when an email from a stranger arrives in your inbox with the word “congratulations” in the subject line, you are wise to be skeptical.  Telling consumers that they are entitled to an influx of… Read More »

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RentOrSell

Should You Sell Your Empty Nest Or Rent It Out?

By Gierach and Gierach, P.A. |

Congratulations on making the decision not to age in place.  Indecision is one of the worst estate planning decisions you can make.  There is no one size fits all answer about whether you should continue living in the house where you raised your children, but the first step to making actionable plans for retirement… Read More »

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SeniorCoupleShop

Successful Aging In Place Happens At The Community Level

By Gierach and Gierach, P.A. |

When you decide to age in place and start looking for advice about how to prepare, most of the articles you find are about home renovations to accommodate the mobility needs of seniors.  You can read all about benches for your shower, chairlifts on the stairs, and converting a room on the lower floor… Read More »

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Keys

Helping Your Kids Afford Home Ownership: Dos And Don’ts

By Gierach and Gierach, P.A. |

If you are a parent, then your children figure into your retirement plans in some way or another. Perhaps your attitude is, “We are finished raising our children; our retirement savings are for us, and if there is anything left when we die, our kids can have it,” but even if this is the… Read More »

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Caregiver

Your Estate Plan Should Include Care And Support For Family Caregivers, Too

By Gierach and Gierach, P.A. |

Aging in place and living close to your children or siblings during retirement is the obvious choice for many members of close-knit families, especially if they are already living with other adult family members besides their spouse while they are still in the workforce.  On the surface, relying on your family for care seems… Read More »

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What Does Medicaid’s Five-Year Look Back Rule Have To Do With Your Estate Plan?

By Gierach and Gierach, P.A. |

Relying on Medicaid for nursing home care is no one’s idea of a dream come true.  Once you enter a nursing home as a Medicaid recipient, the state does everything within its power to reimburse itself for its so-called generosity to you.  Your Social Security check goes straight to Medicaid, and you get a… Read More »

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SportsMemorabilia

The Most Fun Part Of Estate Planning: Taking Inventory Of Your Memorabilia Collection

By Gierach and Gierach, P.A. |

What is it with old guys collecting old stuff and talking endlessly about it to anyone who will listen?  Your grandpa had his coin collection, your dad had his baseball cards, and the neighbor who lived down the street had a garage full of model trains.  Some guys love vinyl records, some love old… Read More »

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