Last Updated: 6/26/2008 You may feel that you have given one child more during your life, so he or she should get less in your will. Or you may want to cut out an heir altogether. Whatever the reason, disinheriting a close relative–especially a spouse or a child–can be complicated. It may not be Read Full Article
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Last Updated: 10/6/2008 Joseph Roubicek. Financial Abuse of the Elderly: A Detective’s Case Files of Exploitation Crimes. Ruby House Publisher. 2008. 161 pages. $13.05 from Amazon (click on book to order) Although elderly individuals are often the victims of fraud, there is another type of financial abuse that is more difficult to prosecute. This Read Full Article
Last Updated: 6/26/2008 As ElderLawAnswers has reported, dividing up family heirlooms can be a difficult business. Wills often deal only with financial assets, not personal possessions, and infighting between family members over who gets which personal item can damage relationships for years to come. Now there is a Web site that may help families Read Full Article
Last Updated: 10/6/2008 Many people continue to work beyond retirement age, either by choice or out of necessity. But if you are receiving Social Security benefits, you need to be aware of how working can affect your benefit payments. Earning income above Social Security thresholds can cause a reduction in benefits and mean your Read Full Article
Last Updated: 10/7/2008 Alexandra Armstrong, CFP, and Mary R. Donahue, PhD. On Your Own: A Widow’s Passage to Emotional and Financial Well-Being. 4th Edition. Armstrong, Fleming, & Moore, Inc., Washington, DC. 2006. 415 pages. $19.95 at Amazon (click on book to order) Becoming a widow at any age is one of the most difficult Read Full Article
Last Updated: 3/24/2009 Moving can be stressful for anyone and especially so for seniors. On top of hiring movers, packing, and setting up the new home, there is the emotional toll of leaving a house the senior may have lived in for years. If the move seems overwhelming, a senior move manager may be Read Full Article
Last Updated: 10/7/2008 The Social Security Administration (SSA) has unveiled a new online calculator that allows you to project what your monthly Social Security benefit will be based on your actual work record. The Retirement Estimator also lets you create “what if” retirement scenarios based on different earnings projections and retirement ages. The calculator Read Full Article
Last Updated: 4/20/2009 Along with many other changes, your insurance needs change when you retire. It is a good idea to look at your insurance options and figure out what you need or don’t need and where you might be able to achieve some savings. Life Insurance. Once you retire, you may no longer Read Full Article
Last Updated: 11/7/2008 By Mark Miller, RetirementRevised.com Barack Obama’s hair turned a little gray during his 20-month quest for the presidency but he’s hardly the only one showing some age. President-elect Obama will lead a country that is aging rapidly as the huge baby boomer generation heads toward retirement. By the year 2030, there Read Full Article
Last Updated: 3/20/2009 Elder financial abuse costs older Americans more than $2.6 billion a year and is most often perpetrated by family members and caregivers, according to a new report released by the MetLife Mature Market Institute entitled, Broken Trust: Elders, Family and Finances. The 40-page report notes that for each case of abuse Read Full Article