Tax season is just over. The filing deadline of April 17 is past. (My son, as a little kid, said he thought there were five seasons – spring, summer, fall, winter and tax season.) As soon as you have calculated the damages for your 2011 Form 1040, the next question for most taxpayers is what… Read More
Qualified long-term-care insurance (LTCI) policies are entitled to special tax treatment. To be termed “qualified”, the policy must be guaranteed renewable and cannot have any cash value. A qualified policy requires that a person 1) be expected to require care for at least 90 days, and be unable to perform two or more activities of… Read More
The Thursday, March 31, Intelligencer/New Era carried The Motley Fool’s School article entitled “Probate 101.” I was appalled. I thought those guys were pretty smart. And I always liked the Shakespearean allusion to the Fool who could tell the truth to the King and Queen. But what happened? Probate is not the horror it is… Read More