Many families are hesitant to discuss financial affairs together. Parents do not necessarily want their children to know how much or exactly what they have. Some do not want their loved ones to know exactly how they plan to dispose of their asset…
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Categories: Advanced Medical Directives, Advocacy, Aging in Place, Aging Parents, Caregiving, Disinherited Children, Elder Law, Estate Planning, Family Caregiver, General Interest, Health, Life Care Planning, Transfer of assets, Valid Estate Planning documents, Validity of a Will, Will Contest
Medicare prescription drug plans can change which drugs they cover, leaving you without coverage for a drug you need. Or you may switch plans into a plan that doesn’t cover your medication. In these circumstances, Medicare drug plans are requir…
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Planning for retirement and deciding whether to buy long-term care insurance would be a lot easier if you knew your odds of needing long-term care, as well as at what age and for how long. Unfortunately, there’s no definite answer. On the other…
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April 15th is approaching and it is time to begin crossing T’s and dotting I’s in preparation for paying taxes. As tax time draws near, you want to make sure you file all the proper forms and take all deductions you’re entitled to.…
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Time is running out to use a potentially very lucrative Social Security benefits-claiming strategy. Spouses will no longer be able to use the “file and suspend” strategy after April 29, 2016. Beware, however, that the new rules are causin…
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As a long-time spouse, taking on the role of caregiver can be an extremely difficult process that many couples simply do not foresee. Journalist Tara Bahrampour highlighted the conversations held among families about future long-term care steps in he…
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Categories: Advocacy, Aging in Place, Aging Parents, Alzheimer's, Caregiving, Dementia, Dementia, Elder Care, Elder Law, Estate Planning, Family Caregiver, Geriatric Care, Health, Nursing Home
If you don’t pay your debts, creditors can get a court order to garnish your wages, but what if your income comes from Social Security? The answer is that it depends on the kind of debt.
For most types of debt, including credit cards, medical b…
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As long-term care insurance premiums keep rising and fewer companies are offering policies, seniors are looking for other ways to help pay for long-term care. Annuity “nursing home doublers” have emerged as a new long-term care option. Th…
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Medicare beneficiaries may now discuss options for care at the end of life with their health care providers.
Beneficiaries of course were already free to talk about advance care planning with their doctors or other qualified health professionals, b…
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Millions of Americans rely on Social Security for some or all of their retirement income, and millions more are paying into the system in the expectation that it will be there for them when they retire. What changes should be made to the current So…
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