Critter Corner: Do Reverse Mortgages Affect Medicaid Eligibility?

Dear Ribbit, My wife and I are considering a reverse mortgage, since we have a lot of equity in our home and very little cash flow. She is in the early stages of dementia. Would the reverse mortgage affect Medicaid eligibility, … [Read more...]

Tax Advantages and Overlooked Deductions for Retirees 

Q. April 15 is quickly approaching, and my husband and I are planning on doing our taxes soon. As retirees, I know that there must be some deductions that we may be overlooking. Of course, similar to most seniors on a fixed … [Read more...]

Top 16 Articles of 2016

From the presidential candidates’ views on Social Security, Medicare, and Medicaid, to a new president being elected, we covered a lot of ground in 2016. It was a year that included the passing of the Special Needs Trust Fairness … [Read more...]

Critter Corner: Should I Get Long-Term Care Insurance?

Dear Baxter, My neighbor is an insurance agent who keeps bothering me about long-term care insurance. I try to avoid her, but lately it hasn’t been working. To help me make an educated decision, can you provide some reasons I … [Read more...]

April 29 Marks the End of a Major Social Security Loophole

Q. I remember reading an article that you published last fall about The Bipartisan Budget Act of 2015, where you mentioned that the end of file-and-suspend would be happening in six months. I am concerned about the impending … [Read more...]

Long-Term Care Insurance: Yes or No?

Q. Long-term care is a subject we’ve been avoiding for years, but as we are getting older and less able to do things for ourselves due to physical ailments, my wife and I finally sat down to talk about it. At first, long-term care … [Read more...]

Top 15 Articles of 2015

From the 50th birthday of Medicaid and Medicare and the 80th birthday of Social Security to the once-a-decade White House Conference on Aging, we covered a lot of ground in 2015. It was a year that included a new act being passed … [Read more...]

What Type of Baby Boomer are You?

Baby boomers, or those born between 1946 and 1964, make up nearly 30% of the U.S. population. With this group reaching retirement age, new concerns are emerging when it comes to planning for retirement and long-term … [Read more...]

Seniors Should Consider Cruise Ships Rather than Nursing Homes

About 2 years ago my wife and I were on a cruise through the western Mediterranean aboard a Princess liner.  At dinner we noticed a senior lady sitting alone along the rail of the grand stairway in the main dining room. I also … [Read more...]

New Case Showing Why Domestic Asset Protection Trusts (DAPTs) Don’t Work!

Dr. Charles Dahl and his wife Kim were married for eighteen years. In 2002, Charles executed a trust entitled "The Dahl Family Irrevocable Trust" that named Charles as Settlor, his brother Robert as Investment Trustee, and Nevada … [Read more...]