Quality care is of utmost importance when selecting a facility for yourself or your parent. Below are tips on evaluating assisted living facilities, memory care and independent living facilities. Assisted living facilities can be very expensive, so narrowing down…
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Finding a skilled nursing facility or nursing home after a hospital stay can be daunting. Follow these steps and tips to make the process easier. Click Here for the full article by Patricia Mertz Esswein Consider What you Can…
The SECURE Act (Setting Every Community Up for Retirement Enhancement Act of 2019), aimed at improving people’s retirement security, was signed into law at the end of 2019. Some key changes of the SECURE Act (http://bit.ly/2HwrLfV) affect Individual Retirement…
Collect up boxes now. You will need them to box up stuff for charity. Start cleaning out the attic, garage and basement EARLY! I would suggest you start with these first. This is where the stuff that is most…
As you go through rooms, closets, attics, basements and garages you must ask yourself this one question – do I want or use this enough to move it to my next house? If the answer is no – then…
Putting the House in a Trust does not significantly alter the tax ramifications. However a Trust does have a couple of advantages. Avoiding probate is one of them. A Trust is typically settled faster. And the information is a…
I had a client ask whether someone who inherits a home qualifies for the $250,000/$500,000 home sale tax exclusion. The short answer is no. But the good news is you do not need to qualify. When you inherit a…
The answer is to a degree, but not entirely. To clarify my explanations below, when I refer to seniors I am talking about the generation that are mid-70s and older. Baby Boomers are those in the 52-71 age…
No, these are not alien pods that pop out grandmother aliens. These are hospital size structures that get dropped into your backyard to give your elderly parent an option to living in their children’s home or a nursing home. The…
by Michelle J. Lane As a Realtor who is a Senior Real Estate specialist, my team specializes in helping families make sure the home is cleared out and ready to sell at the best price possible. I have a…