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IRS Now Allows IRA Distribution Deferrals

April 25th, 2016

IRA growth after retirement has previously been limited by required mandatory distributions. A new deferment option now allows seniors the opportunity for more retirement account growth. Required minimum distributions from retirement accounts such as… Read More

Tags: 401K, Elder Law, Estate, IRA

Father Wants Apple to Unlock Son's iPhone

April 22nd, 2016

Law enforcement agents in the U.S. are not the only people who would like Apple to create a way to bypass the iPhone's security features. The dispute between the FBI and Apple over the iPhone of the San Bernardino shooter appears to have been re… Read More

Tags: Digital Access, Estate Law

Upcoming Changes to Gun Trusts

April 21st, 2016

Gun trusts are a great way to keep firearms in a family. They have offered a cheaper and easier way to pass certain firearms between generations. However, new rules will make them somewhat less beneficial. Certain firearms, such as machine guns and s… Read More

Tags: Estate Law, Gun Trusts

When to Start Social Security

April 20th, 2016

One of the toughest decisions that seniors face is when they should start taking Social Security benefits. Thinking about a few possibilities makes the decision easier for most people. It is common knowledge that monthly Social Security benefits incr… Read More

Tags: Elder Law,

Reverse Mortgage Considerations

April 19th, 2016

Reverse mortgages have always been controversial for elder law advocates, but most agree that for some consumers they are a good option. If you are considering a reverse mortgage, then it is important to know what needs to be considered to determine… Read More

Tags: Elder Law

Hospices May Be Overcharging Medicare

April 18th, 2016

Medicare has always been plagued by fraud that investigators have had to sort out. A new report suggests that hospices are now a large source of that suspected fraud. A new study conducted by the Department of Health and Human Services has revealed t… Read More

Tags: Elder Law, Medicare

Special Needs Estate Planning

April 15th, 2016

Families with members who have special needs that require continuing care have some estate planning options to make sure that care is provided fairly. When an adult child has special needs that require the help and support of parents it is important… Read More

Tags: estate planning, Special Needs, Supplemental Needs Trust

Social Security Benefits and Inflation

April 14th, 2016

Annual adjustments to Social Security benefits should allow those benefits to keep up with inflation. In reality, the system does not always work well. Since 1972 Social Security benefits have received annual cost-of-living adjustments. Using informa… Read More

Tags: Elder Law,

Should You Be Confident about Your Retirement Plans?

April 13th, 2016

Many Americans who are confident about their plans for retirement might want to reconsider, especially if those plans rely on Social Security or part-time employment. Recent survey results indicate that almost two-thirds of Americans are at least som… Read More

Tags: Elder Law, Retirement,

It Is Important to Designate a Contingent Beneficiary for Your IRA

April 12th, 2016

A recent IRS private letter ruling highlights why it is important to designate a contingent beneficiary for your IRA in case the primary beneficiary predeceases you. Individual retirement accounts are an important part of many estate plans. By design… Read More

Tags: Beneficiary, estate planning, IRA, IRS

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