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Original article on NIH site: The National Institute on Aging reports many people are unprepared to deal with the legal and financial consequences of a serious illness such as Alzheimer’s disease. Legal and medical experts encourage people recently diagnosed with a serious illness—particularly one that is expected to cause declining mental and physical health—to examine…

Although the Tax Cuts and Jobs Act didn’t affect your 2017 tax return, it will impact your 2019 returns. Here is a handy 2018 tax calculator provided by H&R Block to give you an idea of how your tax liability will change in 2019. Until then you will only notice changes in your paychecks until…

The so-called baby boomers are the wealthiest generation in American history an in the next few decades they will be transferring that wealth It’s called the great wealth transfer. Now whether all that wealth gets transferred or not is how well boomers manage and save that money. Hanging on to your money The first thing…

In 2009, in the middle of the last recession, commercial bankruptcies peaked at a high of 8,277 in May of that year according to the American Bankruptcy Institute. Since that time they have leveled out. In May, 3,300 businesses filed for bankruptcy. While that was up from April, the number of filings have been on…

When the time comes to be financially responsible, it is often an overwhelming process for most people. Understanding how to effectively draft a living trust will not only give you peace of mind for after your passing, but also help sort out many legal issues and ensure that your wishes will be carried out. A…

Two terminally ill adults and a doctor filed a notice of appeal in California yesterday of lower court’s decision in a lawsuit seeking to overturn the California End of Life Option Act. The decisions include the rejection on Wednesday of a motion filed by a physician and two terminally ill adults urging the judge to…

It slices, it dices, it files for bankruptcy. Ronco, for decades the company known for its infomercials for such kitchen products as the Veg-o-Matic has filed for bankruptcy after failing to secure funding through an IPO. The company, founded in the 1960s by Ron Popeil who became its major spokesman, sold the company for $60…

Donald Trump is allegedly a “billionaire.” Even if he isn’t, he would still be very wealthy. Yet despite his wealth, every year he is entitled to a Social Security bonus. Why and how? It’s pretty much a quirk in the system. Due to the fact he had a child late in life, he is entitled…

There are a few ways you can be disqualified from inheriting money or property from someone’s estate. The biggest one is if you caused the death of the decedent, i.e., if you murdered them. New York State law prohibits a person from profiting from the death of another if that person murdered them. This law…

An anonymous essay published in the medical journal, Annals of Internal Medicine has created some controversy. The essay exposes the dark side of medicine and how some doctors treat female patients. The essay “Our Family Secret,” is written by a doctor who describes two instances where physicians acted out with heavy undertones of misogyny, racism…