It’s likely that the months ahead will see some big changes to IRA and RMD requirements. There’s just no way to know when all of this will occur, especially now that the summer is upon us and Washington prepares for…
Whether you are thinking about life-long finances or planning for retirement, it’s always a good idea to discuss ideas and strategies with a professional. When it comes to an estate plan, your best bet is an attorney who focuses their…
The silver tsunami of Americans aging into 65 or more years puts additional strain on an already overtaxed US health care system which is running low on doctors, nurses, and caregivers. The surge in baby boomer seniors and near seniors…
There was a time when irrevocable trusts were truly irrevocable. However, some states now offer ways to make changes—as long as you follow the rules carefully. Warning: penalties for mistakes can be significant, so work with an estate planning attorney…
Communication between family members before their parent’s pass can sometimes prevent family feuds over possessions, whether they are million-dollar Picassos or a celebrity’s dog dish. Christie’s auction house in New York was the setting for an auction of hundreds of…
People who depend upon each other take their responsibilities seriously. For a family, that includes more than just making sure everyone gets up and out the door in the morning. An estate plan is part of preparing for life’s realities.…
All across the US, there is a new refrain spoken by Medicare home health providers, including occupational, speech, and physical therapists, social services, as well as intermittent skilled nurses: "Your husband (or whomever) is not going to get better, so…
Do Americans donate to charity because they want to, or for the tax benefits? Unfortunately for the non-profit sector, the numbers for 2018 reflect a downward turn. Americans gave generously in 2018, unless you adjust for inflation. If you do…
An outreach campaign created to boost awareness of the problem of financial elder abuse was announced by District Attorney Summer Stephen. The DA also reminded employees of the city’s financial institutions that they have responsibilities as legally mandated reporters. The…
Saving for retirement involves a variety of investments, including domestic and international stocks, mutual funds, cash and bonds. T-bonds are liked by many people, because they are backed by the “full faith and credit” of the U.S. federal government. However,…