A number of tax provisions have been incorporated into the Inflation Reduction Act (IRA) which went into effect in August 2022, along with the SECURE 2.0 Act which went into effect in December 2022. Lower-income household tax code changes will…
The elderly population of the U.S. frequently uses multiple prescription medications concurrently, known as polypharmacy. The more medications a person takes, the higher the risk of dangerous drug-drug interactions and the increased possibility of inappropriate prescribing, adverse drug reactions, hospitalization,…
Many of us have been left unprepared and confused since the advent of COVID-19. There are numerous reports of shortages of antibacterial hand sanitizer, disinfecting wipes, and even toilet paper. While we can’t predict when something like COVID-19 might strike,…
The clearest choice is to divide everything into equal shares when it comes to deciding how to leave property to your children. That is the straightforward choice when all your children are doing equally well. But if not – if,…
Ginny and George always had a great marriage. They had an extended family to whom they wanted to leave everything when they passed. Unfortunately, Ginny was then diagnosed with cancer. She began to worry: What could happen if she died…
You should be checking your estate planning documents every so often to make sure they’re still good. This is especially true with big life changes like births, marriages, divorces, and moving to another state. Children grow up, marriages dissolve, property…
Well managed money brings with it a freedom of lifestyle during retirement. Sadly, reports say that less than 5 percent of Americans will be financially free by the age of 65. Changes in the U.S. economy coupled with increased health…
It is easy to succumb to depression at any phase of life. Life is full of surprises and twists, and not all of them have a positive effect on our mental health. However, once a senior is in the grasp…
The baby boom generation is comprised of those Americans born 1946-1964, and according to the US Census Bureau (Bureau of Census), their numbers are estimated to be 73 million strong. This number represents nearly 20 percent of the American public.…
The astronomical expense of long-term nursing care is no longer news. Costs can run around $7,000.00 or more per month, depending on location. Hundreds of thousands of people presently need that kind of care and the numbers are rising. Ten…
