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Who Can Sue the Personal Representative of an Estate for Wrong-Doing?
  • Published: April 2, 2018

The South Carolina Supreme Court in Fisher v. Huckabee addressed who may bring a civil action on behalf of the estate of a deceased person, when the personal representative of the estate is also a potential defendant in the case. Alice Shaw-Baker lived in Charleston and had no immediate family. She allegedly had an agreement with Bessie Huckabee, Kay Passailaigue Slade and Sandra Byrd…Read More

What’s Your Business Worth?
  • Published: March 30, 2018

As Southcoast Today reports in the recent article, “Retiring after you sell your business? It may not be as simple as you think,” many business owners don’t have a sense of what their business is worth. The simple answer is that it’s worth what someone else is willing to pay for it. However, there are many factors that need to be considered when valuing…Read More

Are You Sure You’re Not Single?
  • Published: March 29, 2018

As Investopedia’s article, “Social Security Claiming Options for Singles,” explains, unmarried retirees need to be certain they understand exactly how Social Security defines “single.” It’s not limited to never-married beneficiaries, because those who divorced prior to their tenth anniversary are also considered single. If you are single due to the death of your spouse, you’re eligible for widow/widower benefits based on your spouse’s work…Read More

San Diego Announces New Program to Combat Elder Abuse
  • Published: March 28, 2018

A San Diego County program was announced to respond to elder and dependent adult abuse. It includes model practices and responses by law enforcement, prosecutors and others. To address an increase in crimes against seniors, as well as the impending explosion of the elder population, District Attorney Summer Stephan met with professionals who deal with the elderly and dependent adults…Read More

All About Self-Employed IRAs
  • Published: March 27, 2018

Self-employed individuals can establish a “solo 401(k),” which is a special type of retirement plan for someone who’s self-employed or a business owner with no employees (other than a spouse). A person can fund it with about 20% of net profits when times are good; you can skip contributions during lean years. As Kiplinger says in the article, “Retirement Savings Plans for the…Read More

How to Name Your Beneficiaries the Right Way
  • Published: March 26, 2018

Are you certain that the beneficiaries you designated to receive your assets are up-to-date? Are your assets titled correctly, and has anything changed since the last time you reviewed them? As WTOP’s recent article, “7 common mistakes to avoid when naming your beneficiaries,” explains, after any major life change, like a marriage, divorce, birth of a child, or death of a spouse, you need…Read More

Las Vegas Cop Arrested on Elder Abuse Charges
  • Published: March 16, 2018

“A Las Vegas police lieutenant, a guardian and two other people were indicted Wednesday on various theft and elderly-exploitation charges, after a joint investigation by the state attorney general and Clark County district attorney.” A police officer, who has been with the Las Vegas Metropolitan Police Department since March 1994, has been charged with 14 felony counts of theft, grand…Read More

Elderly Houston Woman Falls Victim to Financial Abuse
  • Published: March 15, 2018

“An elderly Houston woman says an on-line coin seller, based in New York, took advantage of her loneliness to sell her $1.3 million in gold and silver coins at inflated prices.” Seventy-two-year-old Patricia Thomas recently sued the National Collector's Mint in federal court in Houston, claiming that one of its sales representatives, under the guise of "checking in" with her,…Read More

Children of Entertainment Legends Fight for Right to Visit Aging Parents
  • Published: March 14, 2018

“The adult children of entertainment legends Casey Kasem, Mickey Rooney and Glen Campbell tried Tuesday to convince Michigan legislators to pass a law, they say would protect aging parents by ensuring visitation rights for their loved ones.” Kerri Kasem, Kelly Rooney, and Travis Campbell were recently joined by other supporters, in testifying before the Michigan Senate Judiciary Committee to get…Read More

Retired and Planning to See the World? Be Sure You Plan Ahead!
  • Published: March 13, 2018

“When we think of retirement, we often imagine ourselves exploring the globe and taking advantage of the seemingly limitless amount of free time we suddenly have on our hands.” Many people see retirement as the ideal time to travel, with all their work-related time constraints gone.  However, because most seniors are on a fixed income, paying for those trips is…Read More

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