Category Archives: Uncategorized

Balancing A Career and Caregiving, You Can’t Go It Alone

Hollywood can be a great platform to provide mass exposure to many of the issues and challenges that plague society. It’s like the cliché, “art imitates life.” For example, the film Still Alice portrays some of the challenges families endure when one family member suffers from the Alzheimer’s disease. The success of the film, and the awards won by its leading lady, Julianne Moore, have brought awareness of these trials to the forefront of society. However, when the lights of the theatre dissipate and the box office numbers dwindle, the real-life caregivers and their challenges with their Alzheimer’s patients continue. Continue reading

Domicile – Where You Live Affects Your Taxes

A successful business owner with a large estate passed away in 1976. He had grown up in Texas, moved to California and also lived for many years in Nevada. With a $2.5 billion estate, there were substantial federal and state taxes. While the estate proceedings were held in Nevada, both California and Texas sued to collect state estate tax. The Nevada Court eventually determined that the domicile or personal residence of the businessman was in Nevada. While this was an unusual case with a very large asset value, there are several reasons why you should understand the basic rules of domicile. Where you live can affect both the distribution of your estate assets and your estate taxes. Continue reading

Retirement Planning Resources for Women

Most Americans could stand to improve their knowledge of retirement planning, but it is especially important for unmarried women. Here’s what you should know. Continue reading

Chronic Illness – Care of Your Person

Chronic Illness – Care of Your Person

If you have a chronic illness, your personal planning will need to involve careful consideration of your condition. Many Americans experience ALS disease, Alzheimer’s, Huntington’s disease, Parkinson’s disease, multiple sclerosis (MS) or other types of chronic diseases.

If you or a loved one has one of these conditions, it is important to communicate with your attorney and other advisors about your condition. There are specific planning options both during life and for your testamentary plan that should be considered. Continue reading

Do You Need to File a Tax Return in 2015?

What are the IRS income tax filing requirements for retirees this tax season? I didn’t have to file last year, but I picked up a little income from a part-time job in 2014 and I’m wondering whether I need to file this year. Whether or not you are required to file a federal income tax return this year will depend on how much you earned (gross income), the source of that income, your filing status and your age. Your gross income includes all the income you receive that is not exempt from tax, excluding your Social Security benefits, unless you are married and filing separately. Continue reading