Genworth Financial has released its 2017 survey of long-term care costs. The picture is not encouraging. Although the cost of care has always been shockingly expensive, and increased annually without fail, the rate of increase seems to be picking up….
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Thanks to their devoted late owner, two cats have more than enough money to last their nine lives. New York resident Ellen Frey-Router died in 2015 at age 88. Her will specified that $300,000 of her approximately $3 million estate…
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The future of America’s “elder orphans” is getting increasing attention as we live longer, many of us without the support of a spouse, children, or other close relatives. The 2012 U.S. Census reveals that about one third of adults ages…
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Being a resident in a long-term care facility does not mean giving up your legal rights. In fact, anyone who lives in a nursing facility gains certain rights. You can see a summary of those rights here, and read the…
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The Obama Administration introduced the myRA program in 2014. Designed to help low- to middle-income earners with no workplace retirement plans begin saving for retirement, the myRA program was open to married couples and individuals with adjusted gross incomes up…
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Medicare premiums may be paid by credit or debit card, check, or via Medicare’s Easy Pay system. But there is another way to pay that some beneficiaries may find even more convenient: Through your bank’s online bill payment system. To use…
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While the majority of Americans worry about having enough money just to last their lifetime, there’s a vastly smaller group with a different set of concerns: Ultra-wealthy seniors who live in luxurious surroundings, and want to keep it that way….
moreAttorneys, staff and their family members took some time to watch the solar eclipse unfold on August 21. Our firm distributed NASA viewing glasses to everyone. Attorney Karp and Firm Administrator Audrey Yeager arranged for an ice cream truck to…
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Even the most frugal and diligent among us can forget about fragments of our financial lives as the years pile up, we move from home to home, paperwork accumulates and gets misplaced or thrown out. These forgotten fragments may include…
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Carrie Fisher, daughter of late actress Debbie Reynolds and crooner Eddie Fisher, died from a heart attack on December 27 at age 60. When her mother died the following day, many were not surprised: Fisher and Reynolds had an exceptionally…
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