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How Much Are Nursing Home Costs Rising?
May 12th, 2016
The cost of nursing home care continues to rise. Seniors should plan for continued increases. A new study released by the Lincoln Financial Group reveals that on average the cost of semi-private and private nursing home care in the U.S. increased by…
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Prince Did Not Have a Will
May 11th, 2016
After the death of Prince speculation began immediately about his estate plans and who would inherit his fortune. What no one expected is that he did not even have a will as asserted in court filings by his sister. If celebrity deaths such as Whitney…
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Categories: Aging Issues, Blended Families, Current Affairs, Estate Planning, Family Business, Music, Probate, Succession, Taxes, Television, Trust Funding, Weblogs, Will
Family Business Succession
May 9th, 2016
Most family owned businesses fail after the founder passes away. Good planning can prevent yours from being one of them. Sometimes family business operators are aware that after they pass away their businesses will not remain under family control or…
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Journalist Documents His Alzheimer's Disease
May 5th, 2016
Investigative journalist Greg O'Brien suffers from Alzheimer's disease. He is documenting the course of his illness in the hopes that greater understanding will help to lead to a cure. Alzheimer's disease runs in Greg O'Brien'…
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How to Pay for Long-Term Care
May 4th, 2016
America's aging population is drawing attention to a large health care gap in the country: long-term care. Covering this gap could prove difficult and costly, but there are some ways that it can be done. Americans in most demographic groups are…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Medicaid, Weblogs, Will
Little Things Matter in Estate Planning
May 2nd, 2016
People often think that estate planning is only about deciding who gets big ticket items, such as a house, a car and a stock portfolio. However, the little items of personal property can be just as important. A typical will often goes into great deta…
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Categories: Aging Issues, Blended Families, Charitable Giving, Current Affairs, Estate Planning, Music, Succession, Trust Funding, Weblogs, Will
What to Know When You Inherit an IRA
April 29th, 2016
People who inherit IRAs are often confused about the different rules and options concerning those inheritances. There are a few things that they should know. The rules concerning IRAs are different for people who inherit the accounts than they are fo…
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Paul Walker's Daughter Received $10.1 Million from Driver's Estate
April 28th, 2016
The terms of a settlement between the daughter of late actor Paul Walker and the estate of the driver of the vehicle that Walker was riding in when the car crashed, killing the actor, went unnoticed for a year and a half. Paul Walker was a passenger…
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Almost 50% of Beneficiaries Taxed on Social Security Income
April 27th, 2016
The 1983 law that started taxing Social Security benefits on the wealthiest seniors has never been updated. That means that it now taxes far more people than originally intended and if not changed, will tax more and more people in the future. What to…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Succession, Taxes, Trust Funding, Weblogs, Will
New Jersey Rethinking High Tax Rates
April 26th, 2016
New Jersey has some of the highest tax rates in the nation. News that the state's wealthiest resident has moved to a state with much lower tax rates has caused some lawmakers to call for changes to New Jersey's tax structure. It is not know…
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