Written by Equifax Reporter on April 12, 2019
Children may learn the values of nickels, dimes and dollars in school, but many don’t learn how to manage money and credit – or how to save money.
While it may take self-discipline, saving is important because it can help provide a security parachute in the case of unexpected expenses or emergencies. It also can help people re...
Read More
Author: Atty. Brown
Preventing Elder Abuse
New Federal Law Puts Focus on Preventing Elder Abuse
A new federal law is designed to address the growing problem of elder abuse. The law supports efforts to better understand, prevent, and combat both financial and physical elder abuse.
The prevalence of elder abuse is hard to calculate because it is underreported, but according to the National Council on Aging, appr...
Read More
New Law on Preventing Elder Abuse
New Federal Law Puts Focus on Preventing Elder Abuse
Last modified: 1 day ago | 3/9/2018
A new federal law is designed to address the growing problem of elder abuse. The law supports efforts to better understand, prevent, and combat both financial and physical elder abuse.
The prevalence of elder abuse is hard to calculate because it is underreported, but according to th...
Read More
Survey Reveals Courts Fail to Offer Basic Information on Probate
Survey Reveals Courts Fail to Offer Basic Information on Probate
Last modified: 2/10/2018
Probate -- the process of proving that a will is valid and of settling an estate -- is among the most common legal procedures in the United States. Yet the overwhelming majority of state courts fail to offer consumers basic online information and resources about probate, according to a...
Read More
Estate Planning and Retirement Considerations for Late-in-Life Parents
Estate Planning and Retirement Considerations for Late-in-Life Parents
Last modified: 2/6/2018
Older parents are becoming more common, driven in part by changing cultural mores and surrogate motherhood. Comedian and author Steve Martin had his first child at age 67. Singer Billy Joel just welcomed his third daughter. Janet Jackson had a child at age 50. But later-in-lif...
Read More
Protecting Your House – Medicaid
Three Reasons Why Giving Your House to Your Children Isn't the Best Way to Protect It From Medicaid
Last modified: 2 weeks ago | 11/28/2017
You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the best way to protect it.
Although you general...
Read More
Reverse Mortgage – HECM
Jumbo Reverse Mortgages Are Increasingly Available for High-Value Homes
Seniors with pricier homes now have an increased ability to get a jumbo reverse mortgage in order to raise cash for retirement. As the housing market has improved, jumbo reverse mortgages are becoming more popular even though they carry some risk.
Reverse mortgages allow homeowners who are at least 62 y...
Read More
Veterans’ Benefits
Veterans' Disability Benefits
Last modified: 11/15/2017
The VA offers two disability programs. Disability compensation is available only for veterans with service-connected disabilities, while the disability pension benefit is available to anyone who served during wartime and has a disability. The disability does not have to be related to military service.
Disability c...
Read More
Guardian Appointment
How a Guardian Is Appointed
Last modified: 1 day ago | 11/15/2017
No one wants to see a loved one become unable to make decisions for him or herself. If this happens, however, the court may appoint a substitute decision maker, often called a "guardian," but in some states called a "conservator" or other term. A guardian is only appointed as a last resort if other, less ...
Read More
Gifts to Grandchildren
Six Things to Consider Before
Making Gifts to Grandchildren
Grandparents often are particularly generous to grandchildren as they see their family’s legacy continuing on to a new generation. In many cases, grandparents feel they have ample resources and their children or grandchildren may be struggling financially. Assistance with summer camp fees, college tuition, wedding co...
Read More