Moving & Over Age 55 or Disabled? You May Be Able to Transfer Your Low Property Tax Rate

Q. My wife and I are considering selling our home and purchasing a replacement home in California to be closer to our children? I hear there may be some way to transfer our very low property tax to our replacement home. Do you know anything about this? A. Yes. If at least one of you… Read More »

New Tool To Protect Seniors From Financial Scams:  The ‘Trusted Contact Person’

Q.  My 91year old father has a substantial brokerage account and likes to manage it himself. Yet I worry that he could easily fall victim to financial scams. Is there anything I can do to protect him? A. Yes, there may be. The Financial Industry Regulatory Authority (“FINRA”), which regulates firms and professionals selling securities… Read More »

How to Reduce Medicare Surcharges When Your Income Changes

Q.  My wife and I are being charged extra for Medicare Part B and prescription drug coverage premiums, apparently based upon our higher income in years past. Beginning last year, our income dropped significantly. Is there way to get the surcharges removed? A.  Yes, if you can link the reduction in income to a “life… Read More »

New Protections For Widowed Homeowners Facing Foreclosure

Q.  I hear there is a new law which protects widows from losing their homes in foreclosure when a spouse dies. Do you know anything about that? A.   Yes. I believe you refer to the new California law referred to as the “Survivor Bill Of Rights” (SB 1150), effective January 1, 2017.  SB 1150 now… Read More »