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...]
Print This PageLong-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...]
Print This PageBring Your Mom to Work: On-Site Elder Day Care at Workplaces
Karen spent many years in school to get her PhD, followed by years of work to become a tenured professor at a university, and eventually a department head. She and her husband delayed starting a family, and when she was … [Read more...]
Print This PageTop 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...]
Print This PageSeniors 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...]
Print This PageNew 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...]
Print This PageDid I Read That Right? Rates for Long-Term Care Insurance Rose 9% This Year!
Q. My wife and I like to plan ahead. Unfortunately, both of her parents and three of her aunts died of Alzheimer's, and we want to make sure we are prepared should one of us need long-term care in the future. We are aware of the … [Read more...]
Print This PageBefore You Sign a Continuing Care Contract
Continuing Care Retirement Communities (CCRC), also known as Life Care Communities, offer older adults a spectrum of services and care facilities, typically starting with independent living arrangements, then advancing to assisted … [Read more...]
Print This PageCommon Misconceptions about Revocable Trusts
Recently, CNBC posted an article on their Website about the benefits of trusts, entitled “Heir Tight: The Do’s and Don'ts of Creating Rock-Solid Trusts.” The article provides some very good information about why most people should … [Read more...]
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