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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
Doctors Argue with Each Other over Medicare Payment Changes
May 3rd, 2016
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…
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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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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…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Succession, Taxes, Trust Funding, Weblogs, Will
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…
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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…
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Categories: Aging Issues, Charitable Giving, Current Affairs, Estate Planning, Succession, Trust Funding, Weblogs, Will
