Federal Program Helps Nursing Home Residents Move Home
Jan 11, 2011
Once someone enters a nursing home, it isn't always easy to move out again. While some residents may prefer nursing home care to living on their own, others would rather be independent. For residents w...
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Tax-Cut Bill Sets Estate Tax Exemption at $5 Million for Two Years
Jan 11, 2011
Congress has passed and President Obama has signed into law thedeal extending the Bush tax cutsthat President Obama struck with Congressional Republicans. The legislation restores the estate tax for tw...
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How to Get Cash From a Life Insurance Policy if You Need it for Medical Care
Dec 02, 2010
Introduction A diagnosis of a terminal illness often comes with many expenses. If you need money to pay for your medical care or comfort, you may be able to use your life insurance policy to get some...
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Trust Protector Can Look Out for Beneficiary’s Interests
Aug 28, 2010
One of the most important decisions a special needs trusts donor (the person who supplies the funds for the trust) makes is the choice of a trustee for the trust. A trustee typically manages the day-to...
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Overexposed: Are You Unnecessarily Exposing Your Life Insurance Proceeds to Estate Tax?
Aug 24, 2010
Although your life insurance policy may pass to your heirs income tax-free, it can affect your estate tax. If you are the owner of the insurance policy (or if tax rules "deem" you to be the owner), it ...
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"Do We Really Have to Talk About That?" Proactive Family Communication Brings Peace of Mind
Aug 24, 2010
No one wants to face the fact that our loved ones will not be with us forever. Facing our own mortality is frightening as well. But even though none of us wants to contemplate such things, it is import...
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Parents of Kids with Special Needs: How to Use Life Insurance to Protect Your Child
Aug 24, 2010
Funding a special needs trust (SNT) with enough money to pay for the living expenses of a child with special needs can be a daunting task for many families. The costs of providing a home and care, as w...
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