Beautiful! A few years back we accompanied an elderly client and her family through assisted living, nursing and then hospice care. When I first met Mary (not the real name of our 80-something client), I thought her an attractive and vibrant woman, full of fun and just a bit of flirtatiousness. I liked her when […]
Power of Attorney – Essential for Elder Law Survival – Part 1
November 8, 2017 by Leave a Comment
With so many television shows devoted to survival and doomsday preparation, I thought it appropriate to discuss what families should do to prepare for a long term care event. Given that three out of four people will either receive nursing home level care at home or in a facility, what is the most important legal […]
Tax Increase Prevention Act of 2014 – Individuals
December 19, 2014 by Leave a Comment
Congress has extended many popular tax provisions that significantly impact individuals and businesses. Late on December 16, 2014, the Senate, following earlier action in the House of Representatives, voted 76 to 16 to pass an identical version of H.R. 5771, the Tax Increase Prevention Act of 2014 (2014 TIPA). This legislation renews, at least for […]
Elder Law Attorneys Specialize in Helping the Elderly
December 19, 2014 by Leave a Comment
Many elderly persons rely entirely on their children, family members or other individuals to help them. This dependence upon caregivers or family members makes an older person more vulnerable to abuse and financial exploitation. Legal arrangements and protective actions by family may be necessary to shield loved ones from making bad decisions or from being […]
IRS Cost of Living Limitations for 2015
November 16, 2014 by Leave a Comment
IRS Cost of Living 2015 IRS Cost-of-Living Limitations 2014 2015 Deferral Limit for 401(k), 403(b), Salary Reduction SEPs $17,500.00 $18,000.00 SIMPLE Plan Deferral Limit $12,000.00 $12,500.00 Catch-up Limit 401(k), 403(b) (Ages 50+) $5,500.00 $6,000.00 Catch-up Limit SIMPLE Plan (Ages 50+) $2,500.00 $3,000.00 415 Dollar Limit for Defined Contribution Plans $52,000.00 $53,000.00 415 Dollar Limit for […]
Social Security Benefits to Inch Up 1.7 Percent in 2015
November 14, 2014 by Leave a Comment
The nation’s elderly and disabled Social Security recipients will receive a 1.7 percent increase in payments in 2015. This is expected to raise the average monthly payment for the typical retired worker by $22. The increase is slightly higher than last year’s 1.5 percent cost-of-living adjustment (COLA). The same COLA will apply to pensions for […]
