The creativity of scammers is simply breathtaking. Simply being aware of the common elements of scams is only half the battle. An older gentleman (his age is relevant only because it makes him a prime target) had a problem with his computer. Having ruled out a hardware problem, he called customer service for his internet provider. The tech told him that his computer had been compromised and … [Read more...] about Online and Scammed: Common Elements of Scams
You are a big proponent of “aging in place,” and so you hired someone to come into your home and help you with daily tasks – bathing, dressing, household chores and a few errands. It may be a close family member, a next- door neighbor or even a stranger who answered an ad. You pay your helper weekly, sometimes cash and sometimes a check, and everyone is happy. Everyone except the IRS, your CPA, … [Read more...] about The Headaches of Aging in Place – Employment Law Hits Home
Here is how to lose your grandmother's 4.15 carat marquise cut diamond ring to your former wife. First, when your grandmother dies, become the administrator of her estate. Second, pull your grandmother’s very valuable diamond ring from the custodian account in a New York bank and have it sent to you. Do this even though you have not settled the entire estate, and you are not … [Read more...] about An Inheritance Lost – Early Estate Grab Goes Wrong
It turns out that there are a lot of things to consider before you make a gift. Under current law, you can give up to $15,000 per person per year without having to report the gift or pay a gift tax. This is known as a gift tax “exclusion.” This amount is indexed for inflation, so it will eventually rise. The exclusion was $13,000 in 2009, then it increased to $14,000 in 2014, and to $15,000 in … [Read more...] about ‘Tis Better to Give: The Many Sides of Gifting
Do you wish someone would just come and rescue you? Are you wondering if help is available for you as a caregiver or your elders as they age? H.E.L.P. is really just a click (or call) away! H.E.L.P. – I’ll use the acronym for ways to find assistance for you and for your elders. Many people ask me: How do I find elder services? Where can I get information on…? Are there support groups for … [Read more...] about H.E.L.P. Is On The Way!
Put your 5 senses to use in making an eldercare facility selection. Your senses won’t steer you wrong! It’s always a difficult time when your family decides it’s time to move your elder into an assisted living or nursing care facility. It gets even harder when you are evaluating facilities or residences and trying to match your elder with the right place. Using your 5 senses may sound … [Read more...] about The 5 Sense Selection