Converting to a Roth IRA can help with estate planning
Jun 19, 2015
Converting a traditional IRA into a Roth IRA has many advantages and disadvantages, but what many people don’t realize is that it can provide some estate planning benefits. If you convert to a Roth, y...
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Inexpensive Handwritten Wills and Other Myths
Jun 12, 2015
In the past few years, we have handled several estates which included handwritten Wills. It appears that
more and more folks are drafting their own Wills, and the reasons are understandable, sometime...
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New rules for reverse mortgages
May 28, 2015
The federal government has tightened the rules for reverse mortgages, making it harder for some seniors
to get these types of mortgages and reducing the amount of a home’s value that can be tapped. R...
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Elder mediation can reduce family strife
May 18, 2015
When a parent gets older and begins to need additional care, it can create a lot of stress within a family. Sometimes, it can create conflicts and misunderstandings between family members as well.
Fo...
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Seniors who are no longer ‘independent’ can’t be discriminated against
May 18, 2015
Can an apartment complex require elderly residents to prove that they can live independently? How about a retirement community that caters to both independent and assisted-living residents – can it de...
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Legal Issues to Consider When Parents are Living with Their Adult Children
Apr 14, 2015
Did you know that 17 percent of the U.S. population – that’s more than 50 million Americans – are living in households with two adult generations? Some of these are homes where "boomerang" children ha...
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IRS Increases Long-Term Care Insurance Deductions for 2015
Apr 06, 2015
The amount you can deduct on your taxes as a result of buying long-term care insurance has been increased by the IRS for 2015. Why should I itemize my deductions? If you itemize your deductions, you c...
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You Should Have Your Estate Plan Reviewed if…
Mar 31, 2015
Some people think that once they've written a will and implemented an estate plan, they can forget all about it. Of course, that’s not true; an estate plan must be reviewed periodically and updated, o...
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Some Real Estate Agents are Specializing in Helping Seniors
Mar 24, 2015
Some real estate agents have now begun specializing in helping people who are age 50 and older. Why are real estate agents specializing in helping seniors? Seniors who are buying or selling a house of...
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Should You Enroll in Medicare if You're Still Working? (part 2)
Mar 19, 2015
What is Medicare Part B? Medicare Part B covers doctor visits, lab tests, and other outpatient and preventive care. It has a monthly premium that changes each year; the monthly premium is $104.90 for...
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