"Till Death Do We Part…..?"

Aging Options Commentary by : Care Manager Eric M. Crozier Too often the relationships we hold with others are seemingly taken for granted. As children, young adults, and even baby boomers, it is easy for our lives to become entangled in our own daily grind; easy for us to set aside one priority for another.…

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A Brief Overview of a Trustee's Duties

A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a “trustee,” holds legal title to property for another person, called a “beneficiary.” If you have been appointed the trustee of a trust, this is a strong vote of confidence in your judgment and…

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Myths about Social Security

If you are wondering about your future Social Security benefits, you are not alone. Social Security is a strange political animal. On the one hand, it is politically sacrosanct — both Democrats and Republicans have kept it off-limits in their efforts to balance the federal budget. At the same time, when polled, most younger Americans…

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Skilled Nursing Facility Coverage

Medicare Part A covers up to 100 days of “skilled nursing” care per spell of illness. However, the conditions for obtaining Medicare coverage of a nursing home stay are quite stringent. Here are the main requirements: The Medicare recipient must enter the nursing home no more than 30 days after a hospital stay that itself…

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Estate Taxes

   As you may already know we are in uncertain tax planning times. In 2010 there is no estate tax unless Congress takes steps to finalize some solution. Next year the estate tax exemption is slated to be $1,000,000, the same amount it was in year 2000 with a tax rate that can go up…

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Power of Attorney

Typical concerns about Powers of Attorney    I’m afraid that the person I appoint won’t manage my affairs properly giving someone the potential power to manager affairs can be frightening. This is why it is important for you to appoint someone you trust to be your attorney. She must use your finances as you would…

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No Estate Plan? What's your excuse?

Excuse #1: My estate is too small. For many individuals, especially those with smaller estates, the most important documents are a durable power of attorney and medical directives. While a will protects your estate after you’re gone, a durable power of attorney and medical directives protect you while you’re still here. Excuse #2: Joint ownership of…

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