» Taxes

Executor Duties and Errors

The duties of the executor of an estate are well known by industry professionals, but not always well known by the laypersons who are appointed as executors. This leads to those executors making common mistakes that would be easily avoidable had they… Read More
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Baby Boomers' Retirement Mistakes

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… Read More
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Business Estate Planning

Business ownership complicates estate planning, but it does not make it impossible. The more assets you have and the more complex those assets are the more complicated it is to make an effective estate plan. This is especially true if one of your ass… Read More
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Attorney Indicted for Social Security Disability Fraud

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… Read More
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Happy Birthday to the Federal Estate Tax

The always controversial estate tax is now 100 years old. The debate over it has not changed much in those 100 years. In 1916, as the U.S. began to increase its military capacity in case the country got dragged into World War I, the federal governmen… Read More
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How Much Are Nursing Home Costs Rising?

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… Read More
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Prince Did Not Have a Will

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… Read More
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Can Trump Be Social Security's Savior?

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… Read More
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Doctors Argue with Each Other over Medicare Payment Changes

The Obama administration's proposal to change how doctors are reimbursed for administering some prescription medications might cover only a relatively small portion of Medicare spending on prescription medication, but that has not stopped the ba… Read More
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What to Know When You Inherit an IRA

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… Read More
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