The “Claim and Suspend” strategy, also known as “File and Suspend,” allows a worker to claim their social security benefit and immediately suspend benefit payments. This has been an effective

For most people, tax season means going through the motions of another filing. But some tax changes implemented in the New Year could affect long-term financial planning. Stay updated on

While it may seem harmless to have a social worker or expert staff member at a loved one’s nursing home help with Medicaid planning, this practice is actually illegal according

For the first time in five years, seniors and retirees will not be receiving an annual raise in Social Security benefits in 2016 due to a decline in inflation driven

Adult children often help their parents make medical and health care decisions. If you are also helping your parents with money management and bill paying, this makes you a financial

Each year, an overwhelming majority of estates will get by without having to pay any federal estate tax, or "death tax". This is because you can leave a rather significant amount of

With 10,000 Baby Boomers turning 65 years old every day, taking care of our loved ones has become even more pressing than ever. Many individuals have come to a point where their elderly relatives

Financial abuse of the elderly could include financial exploitation and criminal fraud, but a surprising 45% of elder financial abuse cases in 2011 were caused by the manipulation of a senior citizen by

Becoming an executor of an estate is a huge responsibility - one that should be handled with extreme care and diligence. You will be in charge of cooperating with the probate court and

One of the biggest misconceptions about estate planning is that it is only for the elderly, but the simple fact is a terrible accident could cause incapacitation or death at