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Gifting Your Assets to Family or Friends
Some people are blessed with the opportunity to share some of their accumulated wealth with younger family members. Unfortunately, Uncle Sam always has his greedy little hands out to spoil the enjoyment. Fortunately, the rules have become much...
Tax Benefits from Caring for an Elderly Loved-one
Whether you manage the care of an elderly family member or obtain professional in-home care, there are some tax benefits for doing so. The IRS has different options for your consideration and, of course, there are certain requirements that must be...
Bonding with Your Homecare Provider
The only way many people can stay in their homes rather than an institution like a nursing home or similar retirement community is to retain the assistance of a homecare agency. Doing so ensures that older adults who need support can stay in the...
Long Term Care – An Important Investment
Many people reading this article are dealing with issues and topics relating to in-home care of older persons. And, in economic terms, once an individual has become of a certain age and level of infirmity, long term care insurance is impractical –...
Estate Planning Mini-Dictionary
Estate Planning can be very confusing to the layman. Much of that confusion is due to a bevy of terms that are not used in common conversation by many people who are not lawyers. Because the language can be confusing, even asking a question can...