Monthly Archives: March 2014
Downsizing A Home Should Be On Retirement Planning Table
Retirement planning should, but often doesn’t, include what an individual or a couple plan to do with their house, as a recent article in The Wall Street Journal points out. Single-family home (Photo credit: Wikipedia) “For most people, their house is their biggest asset,” according to the story by Tom Lauricella. “It’s also their… Read More »
Tax-Free Gifts Flowed After Congress Changed The Law
A law passed late in 2010 has resulted in a quadrupling of tax-free gifts less than two years later, according to a recent item by Bloomberg News. (Photo credit: Wikipedia) Congress approved legislation that let wealthy Americans make gifts with no tax penalties of as much as $5 million, and they sure responded, the… Read More »
Less Costly Options Exist To Afford In-Home Care
While in-home care for elderly parents or other relatives may be a kinder approach than placing them in a nursing facility, it can also be a very pricy proposition. (Photo credit: Wikipedia) A recent Caring.com article offers some creative approaches to affording this option. “In general, pay rates in urban areas are higher than… Read More »
Lessons Are There For The Learning In Actor’s Death
The tragic death of talented actor Philip Seymour Hoffman from an apparent drug overdose offers some important lessons for people least likely to learn them. Philip Seymour Hoffman (Photo credit: Wikipedia) “One key lesson is the need to make an estate plan when one is going through a personal crisis or a downward spiral,”… Read More »