
Can Unequal Inheritances Be Fair?
The important thing to acknowledge is that the emotions behind the reasons are not trivial, but are important and should not be dismissed or minimized.
The important thing to acknowledge is that the emotions behind the reasons are not trivial, but are important and should not be dismissed or minimized.
On Aug. 16, 2022, the Food and Drug Administration (FDA) published its final rule establishing a new over-the-counter (OTC) hearing aids category.
It may sound like it makes sense, and it might be easier than picking a person (or two) to name, however there are some serious downsides to naming your estate as the beneficiary for your IRA.
The prevalence of elder abuse is hard to estimate because it is underreported. However, according to the National Council on Aging, approximately one in 10 Americans age 60 or older have experienced some form of elder abuse— be it physical, emotional, psychological or financial.
Understanding the different treatment of gifts by the IRS, Medicaid and VA systems can ensure that property passes as expected.
Seniors have to cut back on some important things just to afford health care.
Many senior citizens may need the services of a nursing home or at-home care at some point in their life. There are many reasons people
Inflation hurts everyone. It seems to reach every sector, product and business in one way or another, whether it raises the cost of heating your home, lunches or road trips. However, if you’re a retiree, you may be particularly worried about inflation because your spending habits and income sources might be disproportionately exposed to inflation.
A Roth conversion involves liquidating assets in a tax-advantaged account like a traditional IRA or 401(k), paying taxes on the withdrawal, and then funding a Roth IRA. In the short run, investors will pay taxes (more on that below).
Learn the most important deadlines you or a loved one will have to keep in mind for Medicare.