Understanding Charitable Remainder Trusts: How to Secure a Lifetime Income, Save on Income / Capital Gains Taxes & Benefit a Charity at the “End of the Day”

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Since 1969, countless families have used charitable remainder trusts (CRTs) to increase their incomes, save taxes and benefit charities. What does a CRT do? A CRT lets you convert a highly appreciated asset like stock or real estate into lifetime … Read More

MORE GOOD THAN BAD: The Benefits and Drawbacks of Buying an Annuity Doubler to Pay for Long-Term Care

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As long-term care insurance premiums keep rising and fewer companies are offering policies, seniors are looking for other ways to help pay for long-term care. Annuity “nursing home doublers” have emerged as a new long-term care option. These doublers can … Read More

DON’T SPEND IT ALL IN ONE PLACE: Typical Social Security Recipient Will Get $4 Benefit Increase in 2017

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Social Security benefits will rise only slightly in 2017. This follows no increase in benefits in 2016 and small increases for many of the previous years. The small bump in 2017 will likely be eaten up by higher Medicare Part … Read More

SHOCKER: Study Finds That Social Security Workers Often Provide Incomplete Information

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Americans are misinformed about many aspects of Social Security, and local Social Security offices may not be helping, according to a study by the Government Accountability Office (GAO). The study found that the Social Security field offices often did not … Read More

Take These Three Steps When Your Child Turns 18

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If your child has reached the teenage years, you may already feel as though you are losing control of her life. This is legally true once your child reaches the age of 18 because the state considers her to be … Read More

Medicare Preventive Services: What’s Free and What Isn’t?

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When we’re young we believe that we’re invincible, which makes it harder to admit as we age that our bodies naturally need more care. Normal aging affects the heart, bones and joints, so preventive care is key to avoiding aging … Read More

Are Patients Leaving Hospitals Too Soon?

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While most hospital discharges are agreed upon by doctors and their patients, there are some circumstances when there is disagreement about whether it’s time for the patient to leave. Most of those disagreements are with the insurance company or another … Read More

Long-Term Care Scorecard Finds States Have Room for Improvement

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A new report finds that states have made incremental improvements in providing long-term care, but need to make more improvements in order to meet the needs of the growing number of people who require long-term care services. According to the 2017 … Read More

Five Practical Uses for an ABLE Account

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We have previously written about the pros and cons of ABLE (Achieving a Better Life Experience Act of 2014) accounts. These accounts allow many people with disabilities or their families to establish tax-free savings accounts that won’t affect their ability to … Read More

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