Tax Breaks for Caregivers

Tax Breaks for Caregivers

There is good news for caregivers who take care of parents or other relatives in their homes.   Family caregivers who support loved ones in their homes are eligible for several tax credits and deductions.  Of course, the IRS has certain requirements, but they are...
The “Business Side” of Senior Love

The “Business Side” of Senior Love

It is heartwarming to see seniors engage in late-in-life romance.  That being said, getting married for second or third time have significant financial and estate planning considerations.  Planning before the wedding can make a significant difference later in life. At...
Setting up Medicare Right – and On Time

Setting up Medicare Right – and On Time

Getting set up with a Medicare plan when you turn 65 is actually a requirement.  There are exceptions if you have coverage elsewhere – EXCLUDING health plans set up on ACA (Obamacare) exchanges, but if you do, you have other sources of counseling to get the details. ...
True or False: Memory Loss means Dementia?

True or False: Memory Loss means Dementia?

The fact is that 40 percent of adults over the age of 65 suffer from memory loss.  This is known as “age-associated memory impairment”.  Unless there is an obvious underlying medical condition causing this memory loss, it is simply a part of the normal aging process....
Respite Reminder

Respite Reminder

If you care for a loved one, whether in their home or in yours, you know it is a full-time job.  And, because it is a job to be taken seriously, it is not simply 9 to 5.  Sometimes it can last 24-hours a day.  This can be IS exhausting.  Often caregivers in this...
Gifting Your Assets to Family or Friends

Gifting Your Assets to Family or Friends

Some people are blessed with the opportunity to share some of their accumulated wealth with younger family members.  Unfortunately, Uncle Sam always has his greedy little hands out to spoil the enjoyment.  Fortunately, the rules have become much more liberal and...