Continuing Care at Home Rises in Popularity
Decades ago in America, it was prevalent that extended family members lived near to one another, providing a system of general support and care for the family young and old. Now many families live far out of reach from the daily lives of their elderly parents save for the internet and internet of th. . .
29th January,2020Read more
What You Should Know About Gift Taxes
The gift tax is a tax on the transfer of assets, cash or property, to another without receiving something of equal value. The asset has to be of a certain value for the tax to apply; otherwise, it falls under the gift tax exclusion, either annual or lifetime. If the gift is above a certain […. . .
22nd January,2020Read more
What Happens When a Spouse Becomes a Caregiver?
Caring for a seriously ill spouse can trigger relationship challenges. In the process of change, you can lose your best friend, your love, and your future as you both had imagined it. Promises will change from words spoken in oath on your wedding day to deeds of care in your mostly, but not exclus. . .
16th January,2020Read more
Protecting Elderly Veterans from Scams
Elder abuse scams are everywhere, but they are reaching a new level of sophistication in targeting their potential victims. Forbes is reporting about the problem that unscrupulous scam artists are contacting veterans and service members pretending to collect money to aid other vets or enlist them in. . .
9th January,2020Read more
Benefits to Keeping Your Bank Account Private
Although it can be useful to have another party available to keep track of bills when you’re sick or away, adding a child’s name to a bank account may be more of a hassle than it’s worth. Doing so may have unintended consequences for both you and the child. First of all, the money in […. . .
2nd January,2020Read more
Congress Updates Spousal Impoverishment Protections
Federal spousal impoverishment protections were set to lapse in March 2019. Two bills were proposed to deal with that issue. H.R. 1343 is still sitting in the House, but H.R. 3253 was enacted on August 6, 2019. H.R. 1343, or the Protecting Married Seniors from Impoverishment Act, would have made cer. . .
21st December,2019Read more