What is an ABLE account? The ABLE (Achieving a Better Life Experience) Act will ease financial strains faced by individuals with disabilities by making tax-free savings accounts available to cover qualified expenses such as education, housing and transportation. The...
Many married couples have no Will. If they have decided to leave everything to their spouse, then split their assets equally among their surviving children after they both die, they don’t necessarily need one. This path of inheritance is the normal distribution...
Thursday, April 16, 2015 marks the 8th Annual National Healthcare Decisions Day. This is a national initiative to encourage adults of all ages to discuss their healthcare decisions and complete advance directives. All across the country, healthcare professionals,...
An estimated 10,000 baby boomers reach age 65 every day. With this aging avalanche, family members are pressed into a caregiver role. This can be challenging, exhausting and isolating. The stress caregivers feel can make them to eventually become burned out – a...
Elder abuse has made the news once again in St. Louis metro area. On January 28, 2015, Betsey Bruce of Fox 2 News did a report about a local man who was accused of neglecting his mother, who was living in squalid conditions. In this instance, the elderly woman herself...
Just a reminder to consult your tax professional. The IRS allows a taxpayer to deduct certain qualified medical expenses that exceed 10% of your adjusted gross income for the year. Your AGI, or adjusted gross income, is your taxable income less any appropriate...
