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. Following are some things to keep in mind as you prepare your […]
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 hand, some statistics do provide a bit of guidance. The Numbers In […]
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 required to offer you a 30-day transition supply of the drug you were taking. All Medicare […]
Many of our small business owner clients enjoy having their children or other family members work with them in the business, and their “exit plan” relies heavily on transferring responsibility for running the business to those family members. Frequently, however, these plans are made with the best of intentions but not properly documented and memorialized, […]
Although depression was initially given as the cause of actor Robin Williams’ suicide in 2014, his widow says autopsy results lay the blame on Lewy body dementia, a fairly common but hard-to-diagnose form of dementia. Susan Schneider Williams said that starting in 2013, her husband suffered from a confusing parade of mysterious symptoms, ranging from […]
Aging-in-place is a relatively new phrase used to describe something which has been very desirable to millions of Americans. The goal of aging-in-place is to remain in your chosen home, safely, for as long as possible. As we age and our physical and cognitive functioning changes, so should our chosen surroundings. For instance, over 30% […]
Because of the difference in the legal obligations and duties between being a conservator and a health An important aspect of the estate planning work we do for clients is to take steps to manage potential health-related issues. We do that in part by making sure that our clients’ plans include the right type of […]
For those who travel often, airline frequent flyer programs can be quite valuable. Accumulated miles from time spent in the air can be prudently utilized by consumers for deeply discounted or free flights. That can be quite beneficial. But have you ever considered what happens to those accumulated frequent flyer miles if the consumer dies […]
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 Social Security system, if any, to keep it solvent and ensure […]
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, but the practitioners could be reimbursed for such discussions only during a patient’s “Welcome to Medicare” visit, […]