Because the federal estate tax exemption allowance appears to be in jeopardy of being lowered, it may be time to reconsider how you plan to pass generational wealth to your heirs. Senate Democrats are proposing to lower the current estate tax exemption from $11.7 million to $3.5 million for individuals and $23.4 million to $7 […]
There is an entire senior industry built around preventative measures and responses to protect older people from falling, and with good reason. According to the National Council on Aging Falls Prevention Facts, “falls remain the leading cause of fatal and nonfatal injuries for older Americans.” Aside from grievous and sometimes fatal injuries, falls are costing […]
Caring for a loved one during a crisis is challenging, and the continuing COVID-19 pandemic deems that being prepared is more important than ever before. Caregivers must balance the need for their care partner’s health and balance it with that person’s safety. As the US heads into seasonally extreme weather months, it is prudent to […]
For many seniors and near seniors, growing older can be a challenge and not the pleasant experience they envisioned. Diabetes, high blood pressure, obesity, heart conditions, and pulmonary problems are common hurdles to overcome or manage. Apart from these well-known health issues growing evidence points to the powerful negative effects that loneliness plays in the […]
Whether you have a horse, dog, or any other kind of pet, it is possible to provide for them after you are gone or no longer are capable of tending to their needs by creating a pet trust. A pet trust is a legal arrangement that will specify how to care for and take care […]
Whether engaging in online banking, using a mobile plane boarding pass, or creating work calendars shared in the cloud, the internet of things provides needed connectivity. Yet critical medical information, health care directives, and other essential legal documents tend to remain in older storage formats such as paper files or on-site at a hospital or […]
Small business grants can help you get started or stay afloat during the coronavirus pandemic and beyond. Some grants are specific to the pandemic, such as the federal PPP loans, which are forgivable if your business meets the guidelines. The Small Business Administration (SBA) has other lesser-known COVID-19 relief options, including the Restaurant Revitalization Fund, […]
When it comes to deciding how to leave property to your children, we typically like to equally distribute their inheritance, but sometimes it’s not as simple as it should be. For example, your son is a starving artist with mouths to feed and your childless daughter has made millions on Wall Street – the temptation […]
Nearly 17 percent of the US population, which is a record 53 million, provide care for an older family member. Unfortunately, most are losing sleep, worrying, losing income, struggling to balance caregiving tasks with their workload and other family responsibilities. These caregivers are often experiencing ill health of their own and putting their well being […]
Most Americans have been receiving direct payments from the federal government known as “stimulus checks.” As part of the coronavirus…
After an asset-holder dies, the court will appoint a valid will’s executor to administer the probate process. Probate is the legal…
Relationship challenges can be easily triggered by caring for a seriously ill spouse. In the process of change, you can lose your best…