Articles Posted in Jeffrey Weinstein

Student debt solution? Allow bankruptcy
The Law Office of Jeffrey L. Weinstein

One of the great financial burdens today is student debt. Gigantic tuition hikes over the last few decades have saddled college graduates with insurmountable debt that can’t be relieved by bankruptcy. In 1978, the bankruptcy laws were overhauled and the ability to discharge studennt loans was taken away. The reasoning was tuitions were much lower…

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Some people with markers of Alzheimer’s don’t develop the disease
The Law Office of Jeffrey L. Weinstein

A new study from The University of Texas Medical Branch at Galveston, published in the Journal of Alzheimer’s Disease has uncovered why some people that have brain markers of Alzheimer’s never develop the classic dementia that others do. Alzheimer’s is the most common form of dementia and affects more than 5 million Americans. People suffering…

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Financial planning for special needs family members
The Law Office of Jeffrey L. Weinstein

The American College of Financial Services in Bryn Mawr, PA estimates the average cost of raising a child from birth to age 18 is about $250,000. But raising a child with special needs can easily cost double that amount. Having a plan with the right professionals and strategies in place can help parents tackle the…

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Social Security, Medicare and Retirement
The Law Office of Jeffrey L. Weinstein

If you’re an older worker and decide to file for Social Security before you reach full retirement age, you need to account for the impact that income will have on your benefits. That’s because your benefits would be reduced temporarily and up to 85% of your benefits would be taxed if your combined income exceeds…

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Biological dad not entitled to money in son’s death
The Law Office of Jeffrey L. Weinstein

A Milwaukee County, Michigan judge has denied a biological father a share of the wrongful death proceeds awarded in a suit brought by the mother of a 25 year-old man who died in a mental health facility back in 2012. Alicia Johnson, 48, argued that the biological father, 53 year-old Marcus Crumble, her first cousin,…

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Dementia and alcohol
The Law Office of Jeffrey L. Weinstein

In the United States alone, 5.7 million Americans are thought to have Alzheimer’s disease. Experts estimate that by 2050, this number will have reached 14 million. According to recent estimates, almost 50 million people worldwide currently have dementia and this number is expected to double every 2 decades, reaching over 130 million by 2050. Research…

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Boomers and Bankruptcy
The Law Office of Jeffrey L. Weinstein

The New York Times reports that the signs of coming trouble were there. Vanishing pensions, soaring medical expenses and inadequate savings were building for years. The result is that the rate of seniors 65 and older declaring bankruptcy has tripled since 1991 and now make up a bigger share of all filers. The cause, according…

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Serial bankruptcy filers get checked
The Law Office of Jeffrey L. Weinstein

One of the biggest hustles in bankruptcy court is when on the eve of bankruptcy, the debtor files bankruptcy to stall and stave off the selling of their property or assets.When this happens mutiple times it over the course of multiple years it is a detriment of not only the secured lender, but also the…

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Mattress retailer with 3,400 stores weighs bankruptcy
The Law Office of Jeffrey L. Weinstein

Mattress Firm, the largest mattress retailer in the United States, is considering filing for Chapter 11 bankruptcy protection as it seeks to close hundreds of underperforming stores in order to return to financial stability, according to a report by Reuters. The retailer operates 3,400 stores nationwide. In September 2016, the company was bought by South…

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Fighting over Estate issues
The Law Office of Jeffrey L. Weinstein

In our new world of multi-marriages, divorces and step-children, Will contests and objections to probate are becoming more and more common There are ways to deal with these conflicts to resolve differences without going to court. The best advice is for parents to do estate planning, which includes preparing a Last Will and perhaps a…

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