Ready for Pretirement : 3 Secrets for Safe Money and a Fabulous Future.

Intro -- Title Page -- Copyright Page -- Dedication -- Acknowledgments -- Contents -- Introduction -- The Unexpected Emotional and Financial Cost of the Death of a Loved One -- Let's Begin: Are You Ready for PREtirement? -- Financial Security: Will Your Money Be There When You Need It? -- What You Will Learn In This Book -- Chapter 1: PREtirement Now-What Does It All Mean? -- Responding to Our Biggest Challenges -- Challenge 1: Being Part of the Sandwich Generation -- Challenge 2: Dealing with an Unexpected Catastrophic Illness and Long Term Care -- Challenge 3: Families and Money -- Challenge 4: Social Security and Taxes -- Challenge 5: Estate Planning Decisions and How They Affect Your Family and Friends -- Challenge 6: The Stock Market Myths that Just Won't Die -- Challenge 7: Having Funds for a Secure and Comfortable Retirement -- Your Relationship With Money -- Chapter 2: The First Secret-Retirement Planning, The Living Trust and Your Estate Planning Decisions -- Take Control of the Estate Planning Process -- The Difference Between A Will and a Trust -- Naming a Personal Representative -- Naming a Guardian for Your Minor Children -- Specific Distributions -- Marital Concerns -- Children's Shares-Creation of Trust for Minor and/or Adult Children -- The Common Trust -- Terms of the Child's Trust -- "Special Needs Trust" for a Disabled Child -- Ultimate Distributions -- Naming a Trustee -- Initial Trustees -- Successor Trustees -- Powers of Attorney -- When Should the Power of Attorney Become Effective? -- Your Living Will -- Artificially Provided Food and Water -- Organ Donation -- Time for Changes: PREpare for PREtirement -- Estate Planning Tools for Charitable Giving -- Chapter 3: The Second Secret-Long Term Care Options and Protection of Assets -- Option 1: Purchase Insurance -- Option 2: Protect Your Nest Egg-Buy an Annuity.

Option 3: Set Up a Reverse Mortgage -- State and Federal Government Intervention -- Chapter 4: The Second Secret, Part 2-Medicaid Planning and Entitlement Programs -- What is Medicaid? -- What Is Covered by Medicaid? -- Applying for Benefits -- Medical Qualification Rules -- Income Qualification Rules -- Asset Qualification Rules -- Married: Community Spouse Resource Allowance (CSRA) -- Transferring Assets (Gifts) -- Estate Recovery -- Chapter 5: The Third Secret-Financial Legacy and the Excellent PREtirement Choice -- No Risk, Just Reward -- The Top Three Myths of Financial Planning -- Summary and Plan of Action -- About Kris Miller, ChFEB, CSA, LDA -- An Invitation from Kris Miller -- Appendix Contents -- Appendix A Organization of Documents -- Appendix B Revocable Living Trusts -- Appendix C Checklist of Activities After a Death -- Appendix D Documents Checklist -- Appendix E Personal Information and Funeral Plans -- Appendix F Assets and Possessions -- Appendix G Family Medical Information -- PREtirement Glossary -- Helpful Internet Resources for Retirees, Aging Adults, and Caregivers.

Ready For PREtirement: Everything You Need To Know NOW So That Your Money Is There When You Need It" is a comprehensive guide to retirement planning.  Writing a Will or Living Trust can be scary and confusing, but author Kris Miller breaks down all the big words into easy-to-understand worksheets and tools you can use now.  She proves retirement planning is not just for seniors.  Miller taps into her vast Estate Planning experience and explains why you should get your financial affairs in order now - even in your 20's, 30's or 40's.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.