There are many things regarding the credit card debt of the estate that a personal representative needs to determine when administering the estate.
Dealing with credit card companies when administering an estate
Could exercise help with slowing cognitive impairment’s progress?
We all know that exercise can have physical health benefits, including for the elderly. But might exercise also be able to help with mental health issues for seniors, like cognitive decline? A recent study suggests it very well might.
Income taxes becoming a bigger area of focus in estate planning
Some might think that estate taxes are the only tax issue where estate planning and taxes really intersect. However, there are other types of tax issues estate planning can be directed towards. This includes income tax issues, like issues regarding the capital gains tax and stepped-up basis. These issues can impact how much in the way of income tax liability a given gift could expose a person’s beneficiaries to.
Women more likely than men to be single in their elderly years
Some seniors are married during most or all of their elderly years, while others are single during these years. A recent report indicates that women are more likely to be in the latter group than men are.
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