If you create a trust, you will need a separate person or institution, called a “trustee,” to manage the trust either now or in the future, depending on the type of trust.
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Robin Williams' Death Laid to Underdiagnosed Form of Dementia
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.
New Federal Budget Ends Two Spousal Social Security Claiming Strategies
The federal budget agreement that President Obama signed into law November 2, 2015, contains changes to how spouses can claim Social Security benefits, ending two strategies previously used to maximize benefits.
New Rules Will Make It Harder to Qualify for Long-Term Care Help From the VA
The Veteran’s Administration will soon begin enforcing new regulations that make it harder to qualify for Aid and Attendance benefits.
What Is Cost Basis and How Do You Prove It?
Knowing the “cost basis” of your property is important for tax purposes, but proving cost basis can be difficult.
What Will My Survivors Need To Know
Here is a list of information that your family needs to know after you pass away in order to make it easier for them to handle the estate and inheritance issues that may arise. It can be very costly for your family not to know these things. A lack on knowledge could cause delay in… Read More »
Medicare Open Enrollment Means It's Time to Shop Around
Are you happy with your Medicare coverage? It is time to review whether your plan or plans are working for you.
Do Frequent Flier Miles Expire When You Do?
Accumulated frequent flier miles can be valuable assets, but what happens to those miles after somene dies? Can a spouse or other heirs inherit them, or do the miles simply evaporate like a contrail?
Court Approves Use of Short-Term Annuities for Medicaid Planning
A federal appeals court has ruled that Medicaid officials must accept applicants’ short-term annuities, providing more certainty for Medicaid applicants’ use of this important planning tool.
Incentives to Keep Working While You Collect Social Security
If you are able to continue working while receiving Social Security benefits, you can increase your overall benefit. In addition, although your benefits may be reduced due to your work, you can recoup those lost benefits.