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 and Marietta, GA
I help seniors to protect their hard-earned life savings as they age.
Recent Activity
Image
The federal estate and gift tax are unified and allow you to give away property above the annual exclusionary gift amount or for your heirs to inherit up to a total of $11.4 million currently, without paying gift or estate taxes and this increases with inflation. Continue reading
Posted 4 hours ago at Nelson Elder Care Law
Image
When a spouse enters a nursing home, the cost of care can be financially devasting. Many families are simply unable to afford long-term care, without applying for Medicaid. To qualify for Medicaid, there are limits on the resources that an applicant may have. Resources include both income and assets. Continue reading
Posted yesterday at Nelson Elder Care Law
Image
You will want to replace your income. You will also want to stay socially engaged. Continue reading
Posted 2 days ago at Nelson Elder Care Law
Image
There are many questions that come with inheriting a piece of real estate. Do you want to live in it? Do you want to sell it? Do you have to split the property with another heir? Continue reading
Posted 3 days ago at Nelson Elder Care Law
Image
The word ‘estate’ conjures images of great wealth, which may be one of the reasons why so many people don’t develop estate plans—after all, they’re not rich, so why make the effort? In reality, however, if you have a family, you can probably benefit from estate planning, whatever your asset level. Continue reading
Posted 4 days ago at Nelson Elder Care Law
Image
When a financially comfortable loved one departs, a bevy of tax issues can come into play. Continue reading
Posted 7 days ago at Nelson Elder Care Law
Image
Most Americans don't understand how much they pay in taxes. This is true of taxes in general. Most Americans, for example, believe the canard that half of all workers pay nothing in taxes. This is especially true with inheritance and estate taxes. Continue reading
Posted Sep 12, 2019 at Nelson Elder Care Law
Image
Nursing home expenses and even funeral bills might initially be ignored or delayed during a time when survivors are seriously concerned about final VISA or Mastercard bills. Continue reading
Posted Sep 11, 2019 at Nelson Elder Care Law
Image
You obviously can’t take them with you. However, upon death, you often can’t even leave your frequent-flier miles behind. Continue reading
Posted Sep 10, 2019 at Nelson Elder Care Law
Image
An estimated $2.4 trillion disappeared almost overnight from Americans’ 401(k)s and IRAs, when the market crashed in 2008. This was devastating to many Americans’ retirement prospects. Continue reading
Posted Sep 9, 2019 at Nelson Elder Care Law
Image
Tens of millions of seniors collect Social Security. Those benefits are instrumental in helping them pay the bills. Continue reading
Posted Sep 6, 2019 at Nelson Elder Care Law
Image
Reverse mortgages can be a good way for income-starved seniors to gain extra cash, when going back to work is no longer an option or desirable. The loans, which enable homeowners to tap the equity in their dwellings, also can be complex and even lead to foreclosure. Continue reading
Posted Sep 5, 2019 at Nelson Elder Care Law
Image
Enrolling in Medicare isn’t as simple as checking a box. Seniors have a number of options when signing up for Medicare, each with its own set of enrollment requirements. In order to get the right Medicare coverage and avoid any potential penalties, you need to start planning your Medicare coverage... Continue reading
Posted Sep 4, 2019 at Nelson Elder Care Law
Image
If Congress gets its way, you’re going to lose the opportunity to help your children build wealth, and at the same time, they could end up in higher tax brackets for years. Continue reading
Posted Sep 3, 2019 at Nelson Elder Care Law
Image
Disability can strike suddenly and is one of the reasons appointing an agent on your behalf to act when you cannot, is so important. Continue reading
Posted Sep 2, 2019 at Nelson Elder Care Law
Image
Estate planning involves planning for how an individual’s assets will be preserved and managed. Continue reading
Posted Aug 30, 2019 at Nelson Elder Care Law
Image
It took nearly 30 months to sort out the €110 million fortune that George Michael left behind in his will. Continue reading
Posted Aug 29, 2019 at Nelson Elder Care Law
Image
I assumed my elderly co-workers had made poor financial decisions, which compelled them to work deep into their golden years. Continue reading
Posted Aug 28, 2019 at Nelson Elder Care Law
Image
A quarter of a million Medicare beneficiaries may be receiving bills for as many as five months of premiums they thought they had already paid. However, they shouldn't toss the letter in the garbage. It's not a scam or a mistake. Continue reading
Posted Aug 27, 2019 at Nelson Elder Care Law
Image
Of all the documents we discuss with, and prepare for our clients, the Last Will & Testament, or will, is the best known and understood. Continue reading
Posted Aug 27, 2019 at Nelson Elder Care Law
The most common answer I hear from other advisers is that you should wait until age 70. That’s not always the case. Continue reading
Posted Aug 23, 2019 at Nelson Elder Care Law
Image
Move over, dreams of a letter arriving from a lawyer informing the recipient a long-lost relative has died and bequeathed a tidy sum. Continue reading
Posted Aug 22, 2019 at Nelson Elder Care Law
Image
Presently there are about 400,000 elders in Orange County, but the number of elders (age 65 and over) is predicted to double by 2050 and the number of people age 85 and over, the most vulnerable, will triple. Continue reading
Posted Aug 21, 2019 at Nelson Elder Care Law
Image
We talked about the various things you should think about and get in order, so that if ‘something happens’ your loved ones don’t have to do a frantic search for your important information. Continue reading
Posted Aug 20, 2019 at Nelson Elder Care Law
Image
Developers are trying to differentiate themselves and meet the growing demand for seniors that don't want the same old same old. Continue reading
Posted Aug 19, 2019 at Nelson Elder Care Law