Gifting Real Estate

New tax rules make big gifts to family members popular this year. If you made a gift of real estate (or are considering making one) please be aware – the IRS is scrutinizing land-transfer records looking for folks who may have made a reporting error.As The Wall Street Journal reports, the IRS...

Hold On to Those Memories

With our current economic conditions and a host of other pressures an increasing number of American’s are considering staying in the workforce beyond their planned retirement age. Many will have no choice after the great losses to their retirement accounts. As the average age of the...

Family Caregivers of Veterans May Qualify for Compensation

Looking for a way to help Mom and Dad pay for home care or assisted living? Perhaps you are their caregiver. Wouldn't it be nice to receive some compensation to help you provide their care? There is financial help available for senior veterans and their spouses.For veterans who served during...

Helping Our Parents Prepare for Their Future

There is a very good chance that you or someone you know is taking care of elderly parents now or looking at that possibility in the near future. In 2008 a USA TODAY/ABC News/Gallup Poll of baby boomers found that 41% who had a living parent were providing care for them — either financial...

Getting Your Affairs in Order

Recently I had someone in my office wanting to know what his options were for taking care of his In-laws. In 2004, when the first signs of medical troubles appeared, he had, with his wife and her siblings, tried to convince the parents that they needed to get their affairs in order. They...
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