This is Nelson Elder Care Law's Typepad Profile.
Join Typepad and start following Nelson Elder Care Law's activity
Join Now!
Already a member? Sign In
Nelson Elder Care Law
Woodstock, GA
I help seniors to protect their hard-earned life savings as they age.
Recent Activity
Image
Do not buy into the myth that estate planning is only relevant for wealthy individuals who need tax planning. Continue reading
Posted 3 days ago at Nelson Elder Care Law
Image
Aretha Franklin's death is going to cause some headaches for her heirs. Continue reading
Posted 4 days ago at Nelson Elder Care Law
Image
When my husband and I were in our 20s, we didn’t have what anyone would consider an ‘estate.’ We lived paycheck to paycheck and had a mortgage on a small house. We did, however, have two priceless assets that provided good reasons for us to make a will—our children. Continue reading
Posted 5 days ago at Nelson Elder Care Law
Image
Everyone needs a will, but, increasingly, estate planners say people also could benefit from setting up a trust while they are alive. That step would help assure that their assets are distributed more quickly, their bills paid promptly and continuously and personal information about property and other assets are kept out of the public eye. Continue reading
Posted 6 days ago at Nelson Elder Care Law
Image
For women in particular, divorce is financially perilous—at least, that’s what nearly all the studies tell us. Continue reading
Posted 7 days ago at Nelson Elder Care Law
Image
Many times, people spend a great deal of time, energy and money creating an estate plan. However, the plan does not work, because their assets are not funded properly. Continue reading
Posted Oct 12, 2018 at Nelson Elder Care Law
Image
Halfway through the tax year is always a good time to assess where you stand with Uncle Sam. You can see how the year’s tax bill is taking shape, while you still have plenty of time to make tax-saving moves. Continue reading
Posted Oct 11, 2018 at Nelson Elder Care Law
Image
Research suggests the key to lengthening your lifespan, might be an early departure from the workforce. Continue reading
Posted Oct 10, 2018 at Nelson Elder Care Law
Image
When all is said and done, ending a marriage can be almost as destructive to your retirement savings as the Great Recession was, according to new findings from the Center for Retirement Research at Boston College. Continue reading
Posted Oct 9, 2018 at Nelson Elder Care Law
Image
As baby boomers age, many are planning to downsize into smaller homes. However, preparing to live in a smaller space brings up a challenge: how do you get rid of all the stuff you’ve accumulated through the years. Continue reading
Posted Oct 8, 2018 at Nelson Elder Care Law
Image
There is a longstanding 4% rule of thumb that was developed in the mid-1990s, outlining how much a person could safely withdraw from retirement savings each year and still have a nest egg to last a lifetime (aka 30 years). Continue reading
Posted Oct 5, 2018 at Nelson Elder Care Law
Image
Choosing an assisted living facility can be frightening prospect for anyone. However, the fear can be greater for people with no kids to help them through the process. Continue reading
Posted Oct 4, 2018 at Nelson Elder Care Law
Image
A Jamaica man was charged with tricking his 101-year-old neighbor into handing over the deed to his house last week. A trio of Maspeth thieves pleaded guilty to posing as grandchildren and even recruiting kids to rob senior citizens’ homes in July. In Flushing, a man allegedly begged an elderly victim to wire him $41,000 to post non-existent bail in the Dominican Republic. Continue reading
Posted Oct 3, 2018 at Nelson Elder Care Law
Image
Four types of expenses can wreak havoc with your retirement. Continue reading
Posted Oct 2, 2018 at Nelson Elder Care Law
Image
Death isn’t what it used to be. Write a will, put stock certificates and the deed to your home and a few other pieces of paper in a safe deposit box and you were set for life for the hereafter. Continue reading
Posted Oct 1, 2018 at Nelson Elder Care Law
Image
The process of estate planning is only more painful, if one spouse has already passed. In this situation, a surviving elderly parent may enlist the assistance of their adult children to manage and divvy up finances. Continue reading
Posted Sep 28, 2018 at Nelson Elder Care Law
Image
You’ve retired. You received your gold watch, claimed Social Security and begun to plan that oft-delayed trip of a lifetime…. Where, though, should you enjoy your repose: Hilton Head, South Carolina? Jekyll Island, Georgia? Maui? Continue reading
Posted Sep 27, 2018 at Nelson Elder Care Law
Image
Millions of Americans receiving pensions could be in for a bad tax surprise next year. Continue reading
Posted Sep 26, 2018 at Nelson Elder Care Law
Image
Since last year, the NAHB has seen a 30 percent increase in the number of its members seeking special training to help older clients who want to stay in their homes for as long as possible. Remodeling a house, is just one way to make that happen. Continue reading
Posted Sep 25, 2018 at Nelson Elder Care Law
Image
For most of your working life, it wasn’t exactly a pressing concern. You might have pondered it for a few minutes as you skimmed your company’s benefits handout, checking to see if your new glasses were covered or if you’ll be reimbursed for your gym membership. Continue reading
Posted Sep 24, 2018 at Nelson Elder Care Law
Image
A settlement has been reached in the estate of Sheila von-Wiese Mack, a wealthy Chicago woman who was the victim of a gruesome murder in 2014. Continue reading
Posted Sep 21, 2018 at Nelson Elder Care Law
Image
Whether a trust is considered a grantor or non-grantor trust, can have important tax implications. Continue reading
Posted Sep 20, 2018 at Nelson Elder Care Law
Image
Many different people and groups in the U.S. are beginning to seek ways to turn death into a positive experience, that focuses on the person involved. Continue reading
Posted Sep 19, 2018 at Nelson Elder Care Law
Image
The VA implements aggressive changes to Aid and Attendance benefit. Continue reading
Posted Sep 18, 2018 at Nelson Elder Care Law
Image
If you would like to take advantage of the new lifetime gift tax exemption limit before it reverts to a lesser amount in a few years, you have many options for doing so. Continue reading
Posted Sep 18, 2018 at Nelson Elder Care Law