The impossible has happened. Congress failed to act at the end of 2009, and so we now have one year without the Estate (death) tax, before it is reinstated in 2011. What does that mean for you? I am reprinting below a short summary provided by the National Academy of Elder Law Attorneys (NAELA). I…
DetailsThe FDIC has extended increased coverage of bank accounts for another four years. FDIC insurance is slated to remain at $250,000 per depositor, per institution through December 31, 2013, rather than reverting to $100,000 as originally anticipated. You need to pay particular attention to FDIC rules if your account is titled in the name of…
DetailsGeorge was at a Barbeque last Saturday afternoon and fell down. Then got up and said he was fine. He died at 6:30 pm from a stroke. If you know the signs of a stroke, you can save a life. How? If a stroke victim is medically cared for within 3 hours it may be…
DetailsI am a dog lady. I’ve always had nifty dogs in my life and have two great ones now. I call them the “best in the west” dogs. One is mostly lab and one mostly border collie. One came from the humane society and one from a friend who could no longer care for the…
DetailsMost people answer “not me!” and pull a paper bag over their heads. The government says if you are over age 65 there is about a 70% chance you will require at least some type of long-term care services during your lifetime. Over 40% will need care in a nursing home for some period of…
DetailsRemember we all have a 70% chance of needing care before we die. Not a pleasing thought. The number of adult children over 50 who are caring for their parents is estimated to be 10 MILLION in 2008. What does it cost the caregiver to provide this service to their parents? A Wall Street Journal…
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