A family with a special needs child faces unique challenges and opportunities. Providing appropriate medical, educational, recreational, and employment opportunities for your special needs child can result in a lifetime of pursuing public and private programs and services. Too often,…
A steady path can over time make you a self-made millionaire if you are part of the millennial generation or younger. It does not require a unique set of skills, specialized knowledge, or even excessive risks. Americans who achieve millionaire…
The manner in which a home and other types of real property are titled deserves careful consideration. Real estate constitutes the land and any structure, including vegetation, livestock, crops, and other natural resources that sit on the land under the…
When it comes to wealth, many parents are uncomfortable discussing it with their children. There is a taboo attached to discussing money or property. Asking someone else about what they have is often considered impolite. But failing to talk to…
Described as I/DD, intellectual and developmental disabilities affect varying aspects of a person’s behavior, such as their social skills and everyday capabilities: Reason Learn Problem-solve Live independently I/DD is, in essence, the adult terminology for special needs, the term most…
You may be able to switch your retirement benefits to disability benefits under certain circumstances. For example, if you become disabled after filing for retirement benefits early, you might be able to qualify for Social Security Disability Insurance (SSDI). If…
Transferring assets, cash or property, without receiving anything of equal value is subject to gift tax. The asset has to be of a certain value for the tax to apply; otherwise, it falls under the gift tax exclusion, either annual…
In 2050, there will be 458 million Americans, including 92.1 million over 65, according to the US Census Bureau. If these projections are accurate, seniors will constitute slightly over 20 percent of the population. By the year 2030, all of…
Legal guardianship over an adult is known as a conservatorship. Decisions and actions can be made on behalf of another (or several people). The conservator is the person(s) with the power to make decisions, and the conservatee is the adult…
The onset of dementia can lead to a loss of financial security due to the degeneration of your brain function. If you are age 50 or older, easy access to your financial assets like stocks and bonds, checking and savings…