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Many people are under a false impression that they do not need to make withdrawals from an IRA they have inherited until they have to take withdrawals from an IRA they initiated. To avoid penalties it is important to...

Social Security is designed to be a pension system that replaces income when people retire.  However, it is not designed to be a full pension that replaces your entire income. It is therefore important to know what...

One of the most important decisions that seniors make is when to start taking Social Security benefits. The full retirement age for most people is 67, but that does not necessarily mean that everyone should wait to...

Many seniors in the U.S. fall victim to living trust scammers who scare and intimidate their victims into purchasing worthless, unnecessary trusts. Seniors need to know what to look out for to avoid being victims. Going...

The last proposed budget of Barack Obama's presidency contains several changes to the tax codes important to estate planning. President Obama has submitted his last budget proposal to Congress. It contains many of the...

The Congressional Budget Office estimates that a bill to fix the backlog in Medicare appeals could cost $1.7 billion. The Audit & Appeals Fairness, Integrity, and Reforms in Medicare Act is a bipartisan effort in the...

The Detroit Lions say that there is a succession plan in place for when the current owner passes away. They are not saying what that plan is, which might cause some concern for the NFL. Like other professional sports leagues...

Inheriting commercial real estate can seem like a financial windfall for many people. But it can turn into a financial nightmare if environmental pollution is later discovered on the property. In "Contaminated Property...

Law enforcement authorities believe that a long simmering battle over a family trust was the root cause of a double homicide and the subsequent suicide of the suspect. Raymond Giehl III became concerned when his wife sent him...

Some people are automatically enrolled in Medicare and this can lead those not enrolled automatically to believe they are not eligible. This is often not the case. People are often confused by the rules for Medicare...