Safe Harbor Trusts vs Other Trusts

What is the difference between a safe harbor trust and other trusts? That is one of the basic fundamental things we discuss. A typical trust is a revocable living trust. One of the ways to plan your affairs is to use a revocable living trust. What this trust does is, it allows you to put…

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Proposed Health Care Bill

H.R.3200 Title: To provide affordable, quality health care for all Americans and reduce the growth in health care spending, and for other purposes. Sponsor: Rep Dingell, John D. [MI-15] (introduced 7/14/2009) Cosponsors (8) Latest Major Action: 7/21/2009 House committee/subcommittee actions. Status: Committee Consideration and Mark-up Session Held. SUMMARY AS OF: 7/14/2009–Introduced. America’s Affordable Health Choices…

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Sec 1233. of the Proposed Health Care Bill

H.R.3200 America’s Affordable Health Choices Act of 2009 (Introduced in House) SEC. 1233. ADVANCE CARE PLANNING CONSULTATION. (a) Medicare- (1) IN GENERAL- Section 1861 of the Social Security Act (42 U.S.C. 1395x) is amended– (A) in subsection (s)(2)– (i) by striking `and’ at the end of subparagraph (DD); (ii) by adding `and’ at the end…

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Putting Home Care in Perspective

The Evolution of Home Care In the first century of our country’s history there was no such thing as nursing homes or assisted living. Society was mostly rural and people lived in their own homes. Families cared for their loved ones at home till death took them. In the latter part of the 1800’s because…

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Long Distance Care Givers Receive Help

Living in a different city or state — miles from aging parents — can be very difficult. Keeping in touch by telephone and making long trips to help parents or aging relatives with their needs can be time consuming and not nearly as effective as being available full time in person. Mark Sessions spent two…

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Keeping Mom and Dad Safe

Generally, elderly parents want to remain living in their own home. However, remaining in the home becomes a concern when children see their parents slowing down, perhaps even having trouble with handling stairs and doing general daily activities. Yet, with parents’ mental and physical health currently not creating problems, there seems to be no imminent…

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Should You Update Your Estate Plan ?

Estate Plan Check List SHOULD YOU CONSIDER UPDATING YOUR CURRENT ESTATE PLAN? Are you or is your spouse over age 60?Points: 1 if Yes; 0 if No._____ Are you currently married or in a marriage like relationship?Points: 1 if Yes; 0 if No._____ Are you or your spouse in danger of needing assistance with activities…

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Insuring Your Retirement Funds

It might sound strange to be told to insure your retirement funds, but after working hard and diligently saving all that money, wouldn’t you want to make sure that the funds will be there for you when you need them? As you move into retirement, you are also moving towards age-related health problems. Events beyond…

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