| Read Time: 2 minutes | Special Needs

How Do I Plan Ahead For My Disabled Child’s Inheritance?

Parents who have an adult child with special needs must provide him or her with nutrition, clothing, and personal hygiene, transportation to work and appointments, reading notices and attending reviews, managing insurance forms, paying taxes, spending money and recreational and social interaction. Kiplinger’s article, “How to Plan Ahead for a Disabled Child’s Inheritance,” notes that, without a controlled environment and attentive support...

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| Read Time: 2 minutes | Elder Law

How Do Annuities Work With Medicaid Eligibility?

Financial Advisor’s recent article, “Annuities Can Help or Harm Medicaid Eligibility,” explains that Medicaid rules include both asset limitations and income limitations. Annuities can be exceptionally beneficial for a retirement income plan, such as for an older individual facing long-term care costs.  However, the annuity will be viewed as a resource available for payment, which will make the applicant ineligible for Medicaid....

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| Read Time: 2 minutes | Estate Planning

Many Baby Boomers Are Starting Businesses

Some baby boomers are thinking about starting a business in their retirement. However, retirement planning isn’t a priority for many entrepreneurs. Saving for retirement as a small business owner also isn’t as easy, as being automatically enrolled in a company 401(k) plan. US News & World Report’s recent article, “7 Reasons Entrepreneurs Don’t Save for Retirement,” examines some of the biggest mistakes...

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| Read Time: 2 minutes | Retirement Accounts

Can You Plan All 8,000 Days Of Retirement?

A recent WTOP article asked, “Are you ready for 8,000 days or more in retirement?” The article notes that the years we spend in retirement are increasing, because we’re staying healthier and living longer. It’s not unlikely for those in their mid-60s today, to have a life expectancy of another 20 to 30 or more years. Along with this good news come the...

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| Read Time: 2 minutes | Elder Abuse

A Lack Of Planning Makes For An Easier Target For Elder Fraud

Just 40% of Americans 60 years old and older have documents in place to plan for their finances and health care, if something were to happen to them. CNBC’s recent article, “These costly estate planning mistakes can be fixed,” says that, when it comes to planning for your estate, the odds are you haven’t made all the provisions you should. A new...

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| Read Time: 2 minutes | General Blog

Film Legend’s Lawsuit Over Portrayal Dismissed

A California appeals court recently dismissed a lawsuit by film legend Olivia de Havilland over the way she was portrayed in the FX docudrama “Feud: Bette and Joan.” The court ruled that the actress, known for her roles in “Gone with the Wind” and other classics, had no right to control how the show’s creators depicted her. The Washington...

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| Read Time: 2 minutes | Estate Planning

Dispute Continues Over Trust Created By The Late Alan Thicke

After Alan Thicke passed away from a ruptured aorta in 2016, his sons Robin and Brennan were named co-trustees of his estate, according to TMZ. Fox News reports in its story, “Alan Thicke’s widow claims late actor’s sons are spending trust, keeping her from inheritance” that Alan Thicke’s wife Tanya Callau feels the brothers are leaving her out of the loop and...

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| Read Time: 2 minutes | Estate Planning

Some Important Estate Planning Questions

Forbes recent article, “Two Key Steps to Successful Estate Planning” explains that, in many instances, the ultimate goal in estate planning is to ensure the wealth you accumulated, lasts for a while and is used to improve the lives of your family. Unfortunately, the process of passing on the wealth often creates problems within the family. Disagreements can arise, and conflicts about...

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| Read Time: 2 minutes | Retirement Accounts

How Do You Find An Old 401(K)?

How do you find an old retirement account that hasn’t been looked at in years? In a recent article, “How To Track Down That Lost 401(k) Or Pension,” Forbes notes that Americans have lost track of more than $7.7 billion worth of retirement savings in 2015 alone, by “accidentally and unknowingly” abandoning their 401(k) plans. With people jumping from job to job,...

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| Read Time: 2 minutes | Charity

Florida Couple Includes Favorite Hospital In Estate Plan

When Brad and Robin Cooper started to plan their instructions for their estate, they knew they wanted to help charities that were near and dear to their hearts. One of the organizations they selected as beneficiaries, was Flagler Health Care Foundation. That was because of Brad’s participation on the board of trustees and also because of the care that...

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