A Reverse Mortgage is a special type of loan that allows a senior homeowner to convert part of their home’s equity into cash or income,
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Are You Ready to Take Your RMDs (Required Minimum Distributions)?
Kiplinger’s recent article, “FAQs About Required Minimum Distributions for Retirement Accounts,” contains some practical advice to help you comply with IRS requirements. For example, if
Old Law Plays Role in Tennessee Will Contest
“It's stopped the five adopted children of the late Astec Industries CEO J. Don Brock from contesting their father's estate twice now—a 110-year legal decision
Help to Help You Care for Your Loved Ones
Family caregivers can play many roles, like scheduler, financial manager, housecleaner, encourager, nurse, navigator, nurturer and more. But the most important role is advocate, ensuring
Report on Billionaires Shows Next Gen Have Different Plans for Inheritance
A recent Billionaires Report by UBS and PwC shows that the unprecedented wealth creation that has occurred in the past 20 years is going to
Florida Courts Continue to Improve Senior Guardianship System
Florida Chief Justice Jorge Labarga announced the creation of a task force that will work on guardianship issues facing Florida’s courts. Labarga noted that few
The Gender Gap in Retirement Preparedness is Out There
Business Wire’s recent article, “Millennial Women Face Significant Gender Gap in Financial Wellness,” says that the 2016 Gender Gap in Financial Wellness Study quantified the
North Carolina’s Senior Tar Heel Legislature Sets Priorities for Seniors
The North Carolina Senior Tar Heel legislature (NCSTHL) met recently in Chapel Hill for its final meeting of 2016. The committees discussed resolutions and established
Finally, New Rules for Nursing Homes
As a recent Forbes article titled “The End of Secrecy in Nursing Home Wrongdoing” explains, until now consumers were required to sign arbitration agreements when
Medicare’s Observation Status Can Have You Seeing Extra Dollar Signs
If you’re in the hospital under “observation status,” which is a Medicare designation applied to patients deemed insufficiently ill for formal admission, but still too
“SNF” Doesn’t Stand for “Sunday Night Football” When Talking About Medicaid and Medicare
Can you believe the average cost for a one-bedroom unit in an assisted living facility is nearly $42,000 a year in our country? These long-term-care