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How to Plan for the Future While Estate Tax Debate Continues in the Senate
With all the estate tax proposals currently floating around the Senate the future of the estate tax is anybody’s guess… but that doesn’t mean we’ll stop trying to figure it out. A recent article in the Wall Street Journal touches on some of the more recent (and more controversial) proposals floating around Washington. The proposal […]
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Can You Really Afford Long-Term Care Insurance?
Americans are living longer than ever before. One of the concerns for many of our clients is the possibility of outliving their assets due to the need for long term care. Most people mistakenly believe that long-term care insurance is expensive and difficult to obtain. The American Association for Long-Term Care Insurance recently released a […]
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More News About the Repealed Estate Tax
Six months into 2010 and the estate tax repeal is still making news. This time it’s a story about Texas billionaire Dan L. Duncan who died in March, leaving all of his billions to his spouse, family and various charitable organizations… and none to the government: “Had his life ended three months earlier, Mr. Duncan’s […]
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World Elder Abuse Awareness Day is June 15
As we age we become vulnerable.We begin to doubt our memories, our bodies are not as reliable as they used to be, and technological advances outstrip our abilities to keep up with them.With this vulnerability comes the opportunity for abuse. Unfortunately, elder abuse is becoming more and more common, both physically and financially.Seniors are a […]
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How to Find the Perfect Senior Living Arrangement
When it comes to living arrangements, senior citizens have far more options available to them today than they ever have in the past: independent retirement communities, assisted independent communities, at-home assisted living, at-home nursing care, live-in nursing homes… the list can go on and on. Having all these options available is almost certain to make […]
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Stuck In The Middle: Caring For Aging Relatives
“Too rich for most government-funded social programs and not rich enough to pay for full-time, long-term care services.” Does this sound familiar? It is exactly the kind of financial situation most elderly find themselves in today, and one which requires many adult children who are still raising their own kids to also care for their […]
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Trade Like A Man, Save Like A Woman
How will you be planning for your retirement? According to CNBC your gender could play a bigger role than you think in your retirement plan. While of course, not everyone will adhere to gross generalizations, studies have interestingly shown that men and women do have a tendency to take a different approach to saving and […]
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Recent Deaths Bring Home the Consequences of No Estate Tax in 2010
There was too much confusion to be much rejoicing when the estate tax was repealed for a year on January 1st, 2010. Although the words “no estate tax” may sound good, nobody really expected the state of affairs would last. Most experts believed that Congress would never actually let it happen in the first place; […]
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A “Graying Trend” In Caregiving
What will you be doing when you’re 73? If you think you will have earned the right to have someone take care of you, think again; you may end up serving as a caregiver for someone else. A recent article in the New York Times describes a new trend in caregiving: the elderly are being […]
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Help For Caregivers: 10 Steps Toward Taking Care of Yourself
The number of people serving as caregivers has exploded in recent years, and according to PR Newswire the number of caregivers now tops 65 million people (29% of the population of the US.) This includes people providing care for elderly adults, special needs children, young adults with disabilities, and more. These caregivers are people who […]
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