5 Ways Adult Children Can Help Support Their Elderly Parents

Green Settlements Staff

Table of Contents: Get a Joint Bank Account Cancel Unused Accounts and Services Subscribe to a Grocery Delivery Service Consider Assisted Living Facilities Stay Present and Positive In childhood, you depended on your parents not only for emotional support, but for sound reasoning and fiscal stability. As your parents near retirement age and walk away […]

Debt Management Strategies for Seniors

Green Settlements Staff

Table of Contents: Develop a Post-Retirement Budget Explore Programs for Seniors Adjust Your Lifestyle Consider a Life Settlement As a senior preparing for retirement, it’s a good idea to plan ahead so you can avoid losing your financial footing. Without a steady paycheck, it can be hard to handle medical bills, housing costs, everyday expenses […]

Alternatives to Lapsing an Underperforming Life Insurance Policy

Green Settlements Staff

When you purchased your life insurance policy, it was probably a wise investment. Perhaps you had just gotten hitched, bought a new home or welcomed your first child into the family. These are all great reasons to capitalize on the safety, security and peace of mind a life insurance policy can bring. However, as you […]

Helping Your Senior Clients Navigate a Health Crisis

Green Settlements Staff

Whether you’re a financial advisor, estate planning attorney or certified public accountant (CPA), as an expert working on behalf of your clients, it’s your duty to provide them with all the information they need to make sound financial decisions. If you work with senior clients, you understand that their needs shift and evolve as they […]

How Baby Boomers Can Make the Most of Their Retirement Funds

Green Settlements Staff

Table of Contents: Stick to a Budget Evaluate Your Healthcare Needs Downsize Where You Can When it comes time to clear off your desk, bid your co-workers farewell and enter the next phase of your life, will you be financially prepared for retirement? According to countless national polls and research studies, many older adults are […]

3 Questions That Can Help You Decide If a Life Settlement Is Right for You

Green Settlements Staff

Table of Contents: Are my insurance premiums becoming a burden? Have I experienced a major medical event or change in my health? How will my beneficiaries fare without access to my policy’s death benefit? When it comes to matters of the wallet, it can be tough to know exactly which potential purchases or investments will […]

To Buy or Not to Buy: When Should I Consider Life Insurance?

Green Settlements Staff

Table of Contents: What to Know About Different Policy Options When to Start Shopping Around Life insurance promises peace of mind to policyholders and beneficiaries alike, and with the right plan in place, you can help provide for your loved ones even after you’re gone. The decision to purchase a life insurance policy is one […]

All for One and One for All: How Life Settlements Help Policyholders and Their Advisors

Green Settlements Staff

Until recently, many life insurance policyholders were completely unaware of the secondary market where life policies can be bought and sold—a transaction known as a life settlement. Others may have heard of life settlements, but only in a negative context. Years ago, life settlements were commonly considered risky for seniors vulnerable to financial predators. However, […]

The Basics of Viatical Settlements

Green Settlements Staff

If you suffer from an illness or chronic disease, you likely have a lot of pressing matters on your mind. You may be focused on getting treatment for your condition or arranging your finances and other personal affairs. Perhaps you’re preparing to move from your home to another location, such as a long-term care facility […]

The Rising Cost of Elder Care

Green Settlements Staff

Subtle shifts (and a few not-so-subtle transformations) are likely to take place as you get older, several of which will inevitably impact your overall quality of life. Everything from your health to the status of your social relationships can have an effect on your mental and physical wellbeing, and your personal finances are no different. […]

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