If you want to leave an inheritance for your children and grandchildren, it is important to make sure that your assets are not all spent in your retirement. That requires good retirement planning. Unfortunately, Baby Boomers are collectively making a…
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A notorious attorney who called himself "Mr. Social Security" has been indicted for fraud. This is good news for families of children with special needs and for seniors. Kentucky attorney Eric Conn built one of the largest Social Security D…
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Categories: Aging Issues, Current Affairs, Elder Abuse, Estate Planning, Long Term Care, Medicaid, Special Needs, Succession, Taxes, Trust Funding, Weblogs, Will
Republican Presidential candidate Donald Trump does not receive a lot of praise from Democrats. However, one columnist believes that Trump is a key reason why one of the Democrats' favorite programs will be preserved. In every Presidential elect…
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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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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…
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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…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Medicaid, Succession, Taxes, Trust Funding, Weblogs, Will
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…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Medicaid, Succession, Taxes, Trust Funding, Weblogs, Will
Many people are surprised to learn that their Social Security retirement benefits might be subject to federal income taxes. Many Americans are surprised to learn that they can be taxed on their Social Security retirement benefits as explained in My S…
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If you listen to some politicians and alarmist headlines, then you might reach the conclusion that the Social Security system is doomed to fail at any time. The reality is that while the system needs adjustments the situation is not completely broken…
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When to apply for Social Security benefits is an important decision that requires careful consideration, but it is also important to know how to apply. It is very easy to find advice about when you should apply for Social Security benefits. Informati…
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