A durable Power of Attorney is one of the most important estate planning documents you can have, because it allows you to appoint someone to act for you (your "Agent" or "Attorney-in-fact") if you become incapacitated. Without a … [Read more...]
Choosing a Guardian for Your Special Needs Child
One of the most important decisions parents must make when preparing their estate plan is the choice of a guardian for their child should they be the ones to die first. The choice of guardian can be especially difficult for the … [Read more...]
Federal Nursing Home Site Now Notes Troubled Facilities
The federal Centers for Medicare & Medicaid Services (CMS) announced recently that its Web site comparing nursing homes will now identify listed facilities that have a history of poor performance.From now on, the CMS Nursing … [Read more...]
Veterans Aid & Attendance Planning
If you are a veteran or spouse of a veteran and you need assistance in your home, or are living in or considering moving into an Assisted Living Facility or Continuing Care Retirement Community, you should contact a qualified … [Read more...]
New Capital Gains Tax Break Helps Surviving Spouses
Widows and widowers who don't want to sell their house right away will get a tax break under a new law. The Mortgage Forgiveness Debt Relief Act of 2007 signed into law Dec. 20, 2007, gives surviving spouses two years to sell … [Read more...]
Seniors Need to File Tax Return
Seniors can benefit from the economic stimulus law enacted on February 13, 2008, but they need to file an income tax return. Seniors, disabled veterans, and veterans' widows will receive $300 payments if they earned $3,000 in … [Read more...]