The Estate of Philip Seymour HoffmanPhilip Seymour Hoffman was a talented actor who left an impressive body of work when he died in February 2014 at the age of 46. His cause of death was an accidental drug overdose. He left an estate of approximately 35 million dollars. As we have seen in a number […]
What Aging Parents Expect of their Adult ChildrenWhen does the role of adult child change to include caregiver? Longtime family dynamics can impact how the boundaries between adult children and their parents become blurred. When do adult children feel the need to “step in” and play active roles in managing their parents’ lives? The […]
<p>Finding love later in life may be unexpected and exciting, but should it lead to marriage? </p>
<p><span>The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2017 income as a result of buying long-term care insurance.</span></p>
<p>Giving your house to your children can have tax consequences, but there are ways to accomplish it tax-free. The best method to use will depend on your individual circumstances and needs.</p>
<p><span>After holding steady at $104.90 a month for four years, the standard Medicare Part B premium that most recipients pay will rise 4 percent to $109 a month. </span></p>
<p>One of President-elect’s Donald Trump's campaign promises was to repeal the Affordable Care Act, aka Obamacare, which would have implications for everyone covered by the insurance, but it could also adversely affect Medicare beneficiaries.</p>
<p>While you are eligible to apply for Medicare when you are 65, there are circumstances where you might not want to, particularly if you are working full time for a larger employer or contributing to a health savings account.</p>
<p>More and more states are switching to a managed care model when dealing with Medicaid long-term care patients, a change that has resulted in a loss of services in some cases.</p>
<p>The beginning of a new year is a good time to take a look at your estate plan to make sure it is up to date. Less than half of people actually have any estate planning documents in place and many of those people may have outdated documents. </p>