Taxes, estate planning, and other financial issues can be extremely complex for both gay and straight unmarried couples. The good news is that there are some helpful solutions to the issues.
Posts Tagged: Kihei
From The New York Times (April 19, 2011) “Guidelines Allow Earlier Definition of Alzheimer’s”
For the first time in 27 years, the definition of Alzheimer’s disease is being recast in new medical guidelines that reflect fast-mounting evidence that it begins ravaging the brain years before the symptoms of dementia.
From The Associated Press (April 7, 2011) “Social Security Stopped Mailing Earning Statements”
Those yearly statements that Social Security mails out — here’s what you’d get if you retired at 62, at 66, at 70 — will soon stop arriving in your mailbox. It’s part of an effort to save money and steer more people to the agency’s website, which is worth checking out.
From SmartMoney (April 6, 2011) “More Costs, Fewer Benefits Likely for Medicare Seniors”
The House Republican plan for overhauling Medicare would fundamentally change how the federal government pays for health care. Starting a decade from now, many Americans will likely face higher out-of-pocket costs and greater limits to coverage.
Three Classic Estate Planning Blunders
Your estate plan is kind of like a parachute. You really want it to do what it is supposed to do when it is supposed to do it. Unfortunately, many estate plans don’t accomplish their intended purposes. This short article explains three primary reasons why many estate plans fail.
Hiring a Caregiver is Trickier than You Think
You might be surprised at what a Pandora’s Box you can encounter when you hire a caregiver. Getting a little expert guidance will go a long way toward avoiding financial and legal problems.
Easy come . . . easy go. Would my beneficiaries behave differently?
A sudden windfall can be a blessing or a curse. It pays to structure inheritances carefully so that the people we intend to bless will be blessed indeed.
Fundamental Estate Planning
For many of us, estate planning is an uncomfortable subject. That’s understandable, but there are adverse consequences to avoiding it.
Beware Bargain Estate Plans
By not paying for what you really need, you can end up paying too much for a bargain-basement estate plan. This article gives you 12 questions to ask before engaging an estate planning attorney.
IRA Do’s and Dont’s
A recent Morningstar Advisors article outlines some estate planning strategies to take maximum advantage of your IRA’s tax-saving benefits.