Articles
Sunday, 18 March 2012 11:36
As people age, they often become overly attached to their homes and even though there may be compelling reasons to find other living arrangements, these folks will go to extreme lengths to remain in their homes.Notwithstanding the affection for their dwellings, there is oftentimes undeniable pressure for seniors to move out and into a different living arrangement. Consider the following:The challenge of maintaining a yard and providing upkeep has become too great. There is a need for long...
Read more...
Saturday, 17 March 2012 11:36
A Stay Bonus is an inducement to your key employees to remain with the company after your death to preserve the enterprise value of the business. It is a contract with your key employees that provides that they will receive a significant bonus in every paycheck for a two or three year period after your death if they stay with the company.The Stay Bonus is funded with life insurance on your life. This life insurance is owned by an irrevocable life insurance trust that is earmarked to pay the...
Read more...
Thursday, 15 March 2012 11:36
Eldercare providers and advisers who deal with the public know from experience that the need for long term care can often arise without warning. In many cases, desperate caregivers are frantically trying to find services, advice or care funding sources to help their loved ones with unexpected long term care needs. This sudden need for help often occurs when the loved one needing care has recently demonstrated unsafe behavior, or there has been an injury or sudden illness or there is a pending...Read more...
Thursday, 15 March 2012 11:36
Planning for tax-qualified plans, which includes IRAs, 401(k)s and qualified retirement plans, requires a careful examination of the potential taxes that impact these assets. Unlike most other assets that receive a “basis step up” to current fair market value upon the owner’s death, IRAs, 401(k)s and other qualified retirement plans do not step-up to the date-of-death value. Therefore, beneficiaries who receive these assets do so subject to income tax. If your estate is subject to...Read more...
Tuesday, 13 March 2012 11:36
An informal phone survey of Utah nursing homes and home health agencies reveals that a large number of new Medicare Advantage insurance claims are paying for significantly fewer days of care than original Medicare would normally pay. In some cases these plans could be paying as little as 20% of the normal Medicare benefit.Respondents admit some insurers are paying the proper Medicare amount but the majority of claims are deficient. This flaw in coverage seemed to be true with private fee...
Read more...
More Articles...
Page 1 of 9