Military Benefits That Could Help You
Veterans have several educational and health care benefits offered through the Tricare and GI Bill by The US Department of Veterans. Even with these programs that help veterans and their families, other little-known services can improve their lives and ease the financial burden of medical care and other expenses. Check your veteran status to see if you qualify for the following ten benefits:
Read More...How Strong Is Your Power of Attorney?
It is critical to have iron-clad “power of attorney” documents for when you are no longer able to manage your financial or healthcare matters.
Read More...First Time Filer? Avoid These 9 Common Tax Filing Mistakes
Being an adult has its perks, from being able to rent a car and book a hotel room to the chance to earn a living and rent an apartment. But life as an adult also comes with some challenges, including the burden of filing and paying taxes.
Read More...Common Business Formation Mistakes
The key to a successful business is having the right people, financial knowledge, effective processes, and a well-researched business plan. According to the Bureau of Labor Statistics, approximately 20 percent of businesses fail in their first year, and 50 percent fail by their fifth year. Forming and running a business is hard regardless of whether the business provides products or services. As a business owner, you are likely to make mistakes,...
Read More...Geriatric Care Managers Are In High Demand
A professional geriatric care manager treats an elderly person’s health condition rather than being responsive to a given age group. The truth is aging is a complex, highly individualized process, and a geriatric care manager (GCM) may be appropriate at age 65 or 105 and any age in between. A geriatric care manager is a highly skilled advocate for older adults and is specially trained to help identify resources to make managing your loved one's...
Read More...What Do You Do If You Can’t Pay Your Taxes?
We know the story: things are tight financially, so you either (1) do not file the tax return, or (2) file the return but don’t pay the balance due. But don’t worry, you tell yourself, next year will be better. Now it is 2-3 years later and a letter arrives from the IRS, and the threats start, and maybe it has even gotten to the point of actual levy and seizure activity. Now the IRS is wreaking havoc on your financial life and you simply do not...
Read More...What Is the Process to Contest a Will?
At the time of death, the will designates a person to be the executor of the estate and describes who will inherit their property and other assets. For many reasons, beneficiaries can feel slighted by what they did or didn’t receive, and some individuals are entirely excluded from inheriting anything at all. The legal process of challenging the validity of a will is called a will contest (or “contesting the will”).
Read More...The Business of Marriage: Considerations for Married Business Owners
Owning a business can impact every area of a person’s life. The impact is uniquely felt within a marriage. Married business owners must consider the ways in which their marriage may impact their business and vice versa. Failure to think about how these two significant institutions interact can have unforeseen consequences—everything from addressing time management to distribution of liability may come into play. Here are a few things to consider...
Read More...Do you know what the Probate Process is?
Authenticating a deceased person’s will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors is the legal process of a Probate. After an asset-holder dies, the court will appoint a valid will’s executor to administer the probate process. In the absence of a will, the court will appoint a state administrator to handle probate. Probate law varies by state, but there are steps in the...
Read More...Massive Fraud Scheme Against Seniors
The US Department of Justice (DOJ) recently conducted the largest ever elder fraud sweep and charged over 250 defendants with fraud, representing over 750 million dollars. In each case, the defendants allegedly engaged in financial tactics that either specifically targeted or mostly affected seniors. The fraud operations are evident in every federal district in the United States.
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