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Advance directives (living wills, powers of attorneys, and health care proxies) are legal documents that express an individual’s wishes with regard to medical decisions. They are...
Posted by Positive Aging SourceBook on 03/27/2015
Nobody loves the taxman, and yet people pay him more than they have to. Instead of maximizing annual contributions to a traditional IRA or a 401(k) account, they pay the taxes now...
Posted by Positive Aging SourceBook on 03/27/2015
Know the laws and the numbersBeginning in 2014, there were some changes to a variety of laws that may interest elders and their loved ones. The following updated laws are particularly...
Posted by Positive Aging SourceBook on 03/27/2015
Britain’s police revealed some shocking photos of the extend of mail fraud that was uncovered investigating an 87 year old lost £90,000 after criminal gangs sent her endless...
Posted by Positive Aging SourceBook on 03/27/2015
Great coverage on the topic of “under observation” and the impact it can have on our clients.It’s not something they teach doctors in medical school. And it’s probably not...
Posted by Positive Aging SourceBook on 03/27/2015
During the last five years, three out of five Americans age 50 and older have provided financial assistance to members of their family, including adult children, parents, grandchildren,...
Posted by Positive Aging SourceBook on 03/27/2015
Too many people end up getting less than what’s due to them from Social Security when they retire because they don’t know the rules and the real financial impacts, says independent...
Posted by Positive Aging SourceBook on 03/27/2015
While your will lets you appoint the person, your executor, who will be responsible for the disposition of your assets after death, a durable power of attorney lets you appoint the...
Posted by Positive Aging SourceBook on 03/27/2015
In discussing estate planning with my clients, I am regularly asked about living trusts or more precisely, “revocable living trusts.” Many people have heard of them but readily...
Posted by Positive Aging SourceBook on 03/27/2015