New IRS Rules Recognize Same-Sex Marriage
The Internal Revenue Service and the U.S. Department of the Treasury ruled in August 2013 that same-sex married couples will be treated as married for all federal tax purposes. This ...
Estate Planning – Interviewing an Attorney.
I had an interesting meeting with a married couple the other day. The husband had designated his wife as the Executor to his Will and she had designated him as ...
So You’re Having A Baby! Important Estate Planning Considerations
Expecting a baby is a momentous occasion. There are so many wonderful things coming your way. But, in the excitement of it all, one very important area may be overlooked: ...
Help Is On The Way! Enforcing Your End-Of-Life Decisions.
Many people worry about end-of-life medical decisions that may be made on their behalf by others. To address this concern, a Health Care Directive (also known as a Living Will) ...
Baby Boomers and Social Security – Divorced-Spouse Benefits
In a previous post, we discussed Social Security (SS) Spousal Retirement benefits. Today we will be discussing Social Security Divorced-Spouse Benefits. 1. The best way to explain how SS Divorced-Spouse benefits ...
Selecting An Executor For Your Estate – Choose Wisely!
Many of us have accumulated assets over the years (for example, a house, a savings account, stocks and bonds, jewelry). But, what will happen to these assets after we’re gone? ...
US Supreme Court Rules on "Defense of Marriage Act" (DOMA)
On June 26, 2013, the United States Supreme Court ruled on the Defense of Marriage Act (DOMA). In today’s post, we will discuss the Court’s findings and it’s impact on ...
Baby Boomers and Social Security – Divorced-Spouse Benefits
In a previous post, we discussed Social Security (SS) Spousal Retirement benefits. Today, we will be discussing Social Security Divorced-Spouse Benefits. 1. The best way to explain how SS Divorced-Spouse ...
Baby Boomers and Social Security – Spousal Retirement Benefits
Approximately 96% of all U.S. workers are eligible for Social Security (SS) Retirement Benefits. (They paid Social Security taxes during the years they worked.) These individuals can receive their full SS ...
Baby Boomers, Retirement, and Social Security – Part 1
Baby Boomers represent approximately 30% of the U.S. population today – that’s approximately 87.5 million people! And most of those Boomers have just retired or will be approaching retirement in ...