Tuesday, December 15, 2009

Bankruptcies Hit Retirement Communities

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The recession is hitting elderly people where they live, literally. Financial problems have been mounting at a number of assisted-living and...
Saturday, December 5, 2009

Nortwestern Mutual Launches Long Term Care Calculator

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With Americans living longer than ever before, having a long term perspective for individual care needs is critical.  Northwestern Mutual ha...
Sunday, November 1, 2009

Happy 18th Birthday! You'll Never Guess What I'm Getting You!

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What are you planning to give the teenager in your family when he or she becomes an adult? A car, money for an apartment, a trip to Europe? ...

Court Imposes $6.3 Million Civil Penalty on "Trust Mill" Companies and Owners

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The Supreme Court of Ohio recently imposed a civil penalty of $6,387,990 against two companies and their co-owners for engaging in the u...
Tuesday, June 30, 2009

Payments for In-home Care of Elderly Escape Tax and Information Reporting

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The IRS has privately ruled that payments by a state agency to help the elderly live at home as an alternative to care in a nursing home are...

If Your Mortgage Lender Goes Under: What To Do

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On June 18th, 2008, Fremont General Corp., the Brea-based parent of the bank (and former subprime lender) Fremont Investment & Loan, fil...
Monday, June 1, 2009

A Dramatic Loss of Wealth

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Seniors Scramble for Solutions A recent study suggests that current economic woes affecting the value of real estate will strip most peop...
Friday, September 12, 2008

Tax Rules Change Treatment of Gains on Sale of Vacation or Second Home

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If you have a vacation or second home, there was a change in the federal income tax law as part of the 2008 Housing Act about which yo...
Tuesday, July 15, 2008

Ohio Partnership for Long-Term Care Insurance Offers Asset Protection

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The new Ohio Partnership for Long-Term Care Insurance is an initiative between the State and private insurance com panies to encourage Ohioa...
Tuesday, July 1, 2008

A Dramatic Loss of Wealth: Seniors Scramble for Solutions

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A recent study suggests that current economic woes affecting the value of real estate will strip most people of wealth, with the hardest hit...