Hougum Law Firm, LLC
3 Ways Estates May Be Able to Benefit from the Coronavirus Bear Market
We know it is hard to imagine an upside to the COVID-19 health crisis or the economic damage that has ensued. Our sincere compassion extends to everyone impacted by the Coronavirus and the measures taken to stop it from spreading. From an estate planning perspective,...
How We Can Support Our Seniors Right Now During Older Americans Month
As the Coronavirus continues to alter our daily way of life, we cannot forget those who are not immediately around us. This holds especially true for our aging parents and grandparents in our lives right now. We face questions including, but not limited to, what are...
The Increased Importance of Your Estate Plan If You Have Parkinson’s Disease
Have you or a loved one recently been diagnosed with Parkinson’s Disease? We recognize this is a difficult time for all Americans, especially those who find themselves in the “at risk” category for Covid-19. While we know there is never a good time to be diagnosed...
How You Can Help Protect Your Family Members From the Coronavirus
We can no longer ignore the fact that the COVID-19 virus (Coronavirus) is spreading at an alarming rate around the world. Even with its unprecedented spread, however, there are still many precautions that we can take right here in our community to protect ourselves,...
Is Failing to Make Revisions to Your Estate Plan a Recipe for Disaster?
You may know that your estate plan prepares for the most important things you want to happen at the point that you can no longer make decisions for yourself, or are no longer here to make them. It can protect not only you during your lifetime, but your loved ones,...
Do You Have the Tips You Need to Age Alone?
If you are living alone, you are not alone. More than 34 percent of women and 20 percent of men over 65 years old live alone in the United States, and that number rises with age. We know just how surprising this can be for you to read. Whether you were thinking about...
Do You Know How The SECURE Act May Significantly Impact Retirement Planning?
On December 20, 2019, the federal Setting Every Community Up for Retirement Enhancement Act, otherwise known as the SECURE Act, was signed into law. Congress devised this sweeping retirement reform to address the nation’s financial retirement crisis, and the law took...
Character Traits That Will Make A Great Decision Maker in 2020
Whether people realize it or not, everyone needs an estate plan. They are critical for legally securing health care protections, end-of-life medical contingencies, and, of course, inheritance decisions upon your passing. For each of these areas, you need to be able to...
Baby Boomers! Did your COLA go up?
How much do you know about COLA right now? It may sound confusing just to consider it, but this term is important to understanding Social Security benefits. COLA is an acronym for the term “Cost of Living Adjustment.” It defines the annual increase in the Social...
The Do’s and Don’ts of Visiting an Elderly Parent in a Nursing Home
It’s hard to put ourselves in other people’s shoes. Teenagers, for example, have no idea what it can be like to be a parent, and most middle-aged parents have no experience with the challenges of elder age. As you can imagine, when it comes to visiting an elder parent...