Category Archives: Senior Care

Senior Financial Scams to Avoid

Seniors love this time of year. Oh sure, you are thinking graduations as both seniors from Triangle high schools and colleges here in North Carolina walk and get diplomas starting today through early June. But we are talking seniors; the … Continue reading

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Senior Moments

According to the US Census, almost 13% of Americans are age 65 and over. With Baby Boomers retiring on a daily basis, thisstatistic will certainly increase. Boomers are simply enjoying getting older. In everyone’s book of life, you slowly move … Continue reading

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A trust keeps you and your family out of court.

A simple probate-avoidance living trust has no effect on either income or estate taxes. More complicated living trusts, however, can greatly reduce your federal estate tax bill if you expect your estate to owe estate tax at your death. Professional … Continue reading

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When Is the Best Time to Establish a Simple Will or Trust?

When Is the Best Time to Establish a Simple Will or Trust? Planning ahead through establishing simple wills and trusts is a great way to set your mind at ease. Life it to short and you never know what lies … Continue reading

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How expensive is a trust

Is it expensive to create a living trust? The expense of a living trust comes up front. Many lawyers would charge relatively little for drafting your will, in hopes of getting your estate later as a client. They may charge … Continue reading

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Probate and trusts

What Is Probate?   After a person dies, ownership -the legal title- of his or her property, assets and personal effects must be passed on  to the beneficiaries listed in the Will. If there is no Will, the persons receiving … Continue reading

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Post-Mortem Letter Should Contain

What The Post-Mortem Letter Should Contain The following items should be included in the post-mortem letter. To-Do List Notify your employer (remember to include phone numbers). Notify certain friends and relatives (provide a list with phone numbers). If you have … Continue reading

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Post-Mortem Letters

Do you have an emergency plan? Is there someone who knows where your passwords, bank accounts, important documents, wills and child care paper are?  Everyone needs to have a backup plan. An important part of any estate planning is the … Continue reading

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Trusts

Trusts, Estates, wills how do you make sense of all of this. Today, trusts are not used only by the very wealthy. People of a wide variety of income levels use them as estate planning tools. Trusts are complex and … Continue reading

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Estate Tax “Repeal”

The 2001 Tax Relief Act repeals the federal estate tax in one of the most confusing tax measures ever enacted. The law reduces the overall estate tax burden over the years 2002-2009, until it is repealed in 2010-subject to revival, … Continue reading

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