Blog
Estate Planning For Second Marriages
October 20th, 2009
Getting remarried can be a joyous event, but it can also make estate planning more complicated. Adding additional family members to your life can make it much richer and happier However, when deciding how to provide for the surviving spouse at the de…
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Is It Time to Service Your Estate Plan?
August 25th, 2009
Like your vehicle, your estate plan needs occasional “servicing” if it is going to perform the way you want when you need it. Your estate plan is designed to accomplish your goals based upon your circumstances at the time (i.e. – your famil…
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Top Ten Elder Fraud Prevention Methods
August 25th, 2009
Elder Abuse is a growing problem. Unfortunately, seniors have become the favored target of unscrupulous persons who see their vulnerability as a means to a profit. Sadly, much of the abuse and exploitation is perpetrated by the people who are most tr…
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Helpful Website for Parent Caregivers
August 25th, 2009
There is an extremely helpful new website for family members who are the caregivers of their elderly parents. Parentgiving.com was created to help time-starved caregivers provide better care for their aging parents. This new website provides in-depth…
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Medicaid to Stop Payment for Certain Services
July 22nd, 2009
Due to budget cuts, Michigan’s Medicaid program has begun limiting coverage for certain medical expenses for all adult beneficiaries age 21 or older, which includes, obviously, seniors receiving nursing home Medicaid coverage. Effective July1, 2009…
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The Certified Copy of Your Deed Swindle
July 22nd, 2009
Would you pay $60 for something you could get for as little as $1 and probably don’t need at all? A company called National Deed Service is hoping to persuade homeowners to part with the extra cash to purchase a “certified copy” of the deed to…
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Avoiding the Medicare Part D Doughnut Hole
July 22nd, 2009
If a senior has Medicare Part D, they may be at risk of falling into the coverage gap, or the so-called “doughnut hole.” While in the “doughnut hole a senior pays 100% for their drug costs, up to an additional $3,454 for 2009, after which catas…
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Stock Market Plunge Underscores Need for Power of Attorney
June 21st, 2009
For most people, the durable power of attorney is the most important estate planning instrument available — even more useful than a will. The recent stock market collapse is making this especially clear, according to a Dow Jones Newswires column. T…
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Uncertain Market Makes Prepaid 529 Plans More Attractive
June 21st, 2009
With the stock market down significantly, some parents and grandparents are looking at safer ways to help a child or grandchild save for college. Prepaid 529 plans offer them (or any other family member) the opportunity to lock in tuition for the chi…
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Reevaluate Insurance Needs When You Retire
June 21st, 2009
Along with many other changes, your insurance needs change when you retire. It is a good idea to look at your insurance options and figure out what you need or don’t need and where you might be able to achieve some savings. Life Insurance. Once you…
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Categories: Estate Planning
