That August Sunday, George and Alice were still distressed after the party the previous day. Now in their 80s, they had just celebrated their 65th wedding anniversary in the back yard the day before. All the family was there: their three children Roberta, Wes, and Sara, seven grandkids, and four great-grands. The grandkids decorated the…
By Susan M. Graham, Certified Elder Law Attorney, Senior Edge Legal, Boise, Idaho A big problem with jointly owned bank accounts is it gives the joint owner, who did not contribute any money to the account, the belief that the account funds are immediately available and will automatically pass to the surviving joint owner. Idaho…
By Susan M. Graham, Certified Elder Law Attorney, Senior Edge Legal, Boise, Idaho Need money? You may be able to withdraw $100,000 from your retirement accounts due to Coronavirus. Last month the IRS issued a reminder that the CARES Act can help eligible taxpayers make withdrawals from their retirement accounts with favorable tax treatments. …
A new law allows you to freeze your credit with all three credit-reporting agencies with out charge. Plus, there is no charge to lift the freeze later. In this past year, I had my personal and work credit card information stolen and over twenty thousand dollars of charges run up. Thankfully the credit card company…