Irrevocable Safe Harbor Or Not?

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Social Security Tips, When Should I Withdraw?

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Timeline for Executors?

My father passed away and I am the executor of the estate. I now have everything reduced to cash. My dad had some losses in his long-term brokerage account and the longer we leave the money in there, the more we will be recovering. How much time do I have to distribute everything and pull…

Transfer My Title Now?

My husband died and I have two adult married daughters. I was wondering if they could be put on the house title with me now. If I suddenly need a nursing home or something, the state couldn’t take my home. Or should I turn the title over to them now, and how long of a…

New Legal Resource Sites for Seniors

  The Administration on Aging, along with a number of non-profit organizations, has created a new legal resource web site that is available to consumers, attorneys and advocates alike.  It is a good starting point for anyone researching the legal rights and benefits of older Amercians.  You can reach the new site by clicking here.…

Seniors for Sale

What a bizarre headline !!! But this is true, this was the headline in the Seattle Times last Sunday exposing the reality of Seniors face today. Here were few more disturbing headlines in the newspaper. "We didn’t know, and i didn’t complain early enough to save her." "Fragile, pushed out and paying a price." I…

OPEN LETTER TO OUR LEGISLATURE

I write to you with grave concerns about DSHS’s request to shirk its responsibility by having HB 3049/SB 6717 being considered by the legislature for adoption. HB 3049/SB 6717 effectively ask the legislature to pass retroactive laws to disallow DSHS clients, who were illegally denied benefits in the first place, the opportunity to collect those…

The Tax Deductibility of Long-Term Care Insurance Premiums

Qualified long-term care insurance policies receive special tax treatment. To be “qualified,” policies must adhere to regulations established by the National Association of Insurance Commissioners. Among the requirements are that the policy must offer the consumer the options of “inflation” and “nonforfeiture” protection, although the consumer can choose not to purchase these features. The policies…