by Christine | Dec 12, 2012 | Fiscal Cliff, Healthcare, Hospice, Medicare |
If President Barack Obama and Congress cannot reach an agreement on the fiscal cliff…it would likely send the country back into recession…and ultimately, it could hurt your physical and emotional health. Financial health and physical health can go hand-in-hand. In...
by Christine | Dec 11, 2012 | Retirement, Reverse Mortgage Loan, Social Security |
The federal government is proposing to make big changes to its reverse mortgage program early next year that should make the (reverse mortgage) loans safer for seniors who use them to tap home equity. In a response to the speculative loan market, we have seen...
by Christine | Dec 10, 2012 | Retirement Planning |
An AARP survey found that more than 80 percent of us want to stay in our homes as we grow old. And as boomers go, so goes the remodeling industry. These days, preparing for retirement doesn’t just mean stabilizing your finances, preparing your estate,...
by Christine | Dec 7, 2012 | Estate Planning, Inheritance, Religion |
Some planners caution that being too restrictive in an estate plan in an effort to pass on religious values—say, disinheriting children who marry outside the faith—can create divisions within a family and spark extended, costly legal battles, all while failing to have...
by Christine | Dec 6, 2012 | Charitable Giving, Philanthropy |
Eli Broad applies three key questions to the “philanthropic investments” he makes: “Would it happen anyway? If it’s going to happen anyway, we don’t make the investment,” he says in a video clip. “Two, will it make a difference 20 or 30 years from now? And lastly, is...
by Christine | Dec 5, 2012 | Financial Planning, Lottery Winner |
“If you've never had the comfort of financial security before, if you were really eking out a living from paycheck to paycheck, if you've never managed money before, it can be really confusing. There's this false belief that no matter what you do,...
by Christine | Dec 4, 2012 | Cost, Long Term Care |
People who identify the specific services their loved ones need, haggle aggressively on price and explore alternative-care options can save money—or at least get more care for the money they do spend, experts say. It’s no secret that people are living longer due to...
by Christine | Dec 3, 2012 | Estate Planning, Parents, Retirement |
Adult children and their parents recognize the need to talk about inheritance, eldercare and retirement planning issues, but nearly one in two adult children do not feel like they’ve had sufficient conversations with their parents about these issues … Discussing...
by Christine | Nov 30, 2012 | Charitable Giving, Gift Tax |
As the tax year draws to a close and the holidays evoke feelings of goodwill, nonprofits count on getting the lion's share of donations during this crucial fourth quarter. While unemployment stats in recent months have been better than expected, experts predict a...
by Christine | Nov 29, 2012 | Elder Care, Medicare |
Medicare processed 906 billion outpatient insurance claims in 2010 – and refused to pay 10 percent of them. But if you're a senior on Medicare with a denied claim, your odds of turning that around are surprisingly good if you appeal. Few things are more...
