Q: What is a Pet Trust?A: A pet trust is legal instrument that you can create to insure your pet receives proper care after you die or in the event of your disability. In Virginia, pet trusts are authorized by Virginia Code … [Read more...]
When Should You Take Your Social Security Benefits?
November 13, 2006 by Leave a Comment
As you approach retirement, you must decide when to begin taking your Social Security benefits. You have three options: You may begin taking benefits between age 62 and your full retirement age, you can wait until your full … [Read more...]
How Will the New Congress Affect Key Elder Law Issues?
November 13, 2006 by Leave a Comment
The Democratic Party's takeover of both houses of Congress is likely to have financial implications for the elderly and their families, although how profound these changes will be remains to be seen.Of greatest interest to elder … [Read more...]
Medicare Open Enrollment Period Means More Decisions
November 13, 2006 by Leave a Comment
If you are a Medicare beneficiary, it is time to review your Medicare prescription drug plan options. The Medicare Part D open enrollment period begins November 15, 2006, and ends December 31, 2006. During this period you can sign … [Read more...]
Charitable Donations From an IRA Offer New Opportunity
November 13, 2006 by Leave a Comment
For those wishing to make charitable donations from their IRA accounts, dealing with the resulting tax issues just got a lot easier. In August, Congress passed, and President Bush signed, the Pension Protection Act of 2006. Touted … [Read more...]
Ten Reasons to Create an Estate Plan Now
August 1, 2006 by Leave a Comment
Many people think that estate plans are for someone else, not them. They may rationalize that they are too young or don’t have enough money to reap the tax benefits of a plan. But as the following list makes clear, estate planning … [Read more...]
Aging Drivers and the Law
August 1, 2006 by Leave a Comment
We rely heavily on cars in our society; in many places, they are the only convenient link to the outside world. Unfortunately, as people age, driving can become more difficult and more dangerous. The elderly drive less, but have … [Read more...]
