Tag: Elder Law
It is a scary topic and easy to decide to avoid the issue. If you make end-of-life decisions ahead of time, it can really turn out to be a kindness to family and friends who won’t have to make those difficult decisions, according to the Flagstaff Business News in “Easing the End-of-Life Transition with Advance […]
“No matter how severe your leukemia is, your medical condition, by itself, will not qualify you for disability benefits.” After getting diagnosed with leukemia, your first thoughts are probably about your health and your future with your family and friends. The disease and the anti-cancer treatments might make you too sick to work. Unfortunately, the […]
“The SSA uses the Adult Listing of Impairments, also called the Blue Book, to determine whether your colon cancer is severe enough to make you eligible for disability benefits.” If you have colon cancer, you might need some help with your finances after you step away from your job because of your illness. The Social […]
Sooner rather than later can turn out to be a good strategy. Even though there are many, many excellent reasons to delay taking Social Security benefits, there are some good reasons to take it early that do make sense, according to the Government Executive in “Why You Might Want to Take Social Security Early“. It […]
Children may not have to make as many major decisions at a difficult time in their lives. Elder law estate planning can make the lives of adult children easier by setting major goals and tasks in the process, according to the Times Herald-Record in “Three ways for seniors to make things easier for their kids“. […]
Half of all Americans working toward retirement expect to work past the age of 65. You can work and plan your retirement. However, it is possible that you may end up returning to work either for financial, social or other reasons, according to the New Hampshire Register in “Returning to work after you retire“. A […]
A checklist can help you stay on top of preparing for those later days. You work long and hard during your life and those retirement days are finally approaching. Unfortunately, some are prepared for those days and some are not, according to CNBC in “Nearing retirement? This checklist can help you make sure you’re financially […]
While it is taxable on withdrawal, the contributions lower your taxable income. It comes as a surprise to some retirees that the withdrawals from a 401(k) are taxable. However, it is important to remember that the contributions are beneficial, because they lower taxable income, according to Market Watch in “How 401(k) savers can avoid a […]
A real-life problem when long-lost relatives show up. A trustee and only beneficiary of her mother’s trust explained her difficulties when her long-lost sister suddenly showed up toward the end of her mother’s life, according to the Santa Cruz Sentinel in the article “It’s never too early to disinherit children“. After disappearing for decades, her […]
A leisure world of retirement doesn’t appeal to everyone. If you have decided that you have had enough of work and plan to retire as soon as feasible, you might first take a look at some really good reasons to continue, according to USA Today in “18% of baby boomers and Gen Xers plan to […]
