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Life estates have historically been used as part of Medicaid planning. A life estate can be described as a form of co-ownership of property between a “life tenant” and a “remainderman.” To own a life estate means the person, referred to as the life tenant, has the right to the use and possession of the …more
Shipping a car is best done as part of a container shipment, meaning you can bring other things along at the same time. A 20 foot container runs about $1400 from Longbeach to Puntarenas or $900 from Miami to Limon. You’ll still need to get the car or container contents from the port to you …more
Denial, as some American comic observed in the late 1980s, is not just a river in Egypt. Indeed, denial was what I was in, deeply, when it came to acknowledging that, in 2012, I had actually retired from my former role. That role, incidentally, was as Fashion Editor of The Jewish Chronicle, the oldest Jewish …more
Let’s just imagine for a minute that you are among a large number of folks whose retirement planning didn’t go as well as you’d hoped. Perhaps your 401K under-performed or your pension fund collapsed or was raided. Maybe your home equity vanished when the economy tanked and you had some hefty medical bills that punched …more
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Well, its that time of the year again, and after all the goodwill has evaporated, the tinsel packed away for another year, the new diet started and you have considered suicide after receiving your credit card statement, you may be planning a holiday to get over it all. How about a holiday in the sun? …more
Miley Cyrus made headlines recently for doing something called “twerking.” I’m not exactly sure what that involves but in any case, I have to claim that I invented twerking quite a while ago. My twerking, however, is probably somewhat different from what Miley does. My twerking involves annoying, harassing and otherwise irritating people and companies …more
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The New Year is here. A chance to make new resolutions, set new goals. A chance to start over. Wipe the slate clean. But what happens if the slate isn’t really dirty? What if the “resolutions” you set for yourself 364 days ago have yet to be resoluted? The older I get (that seems to …more
There are some important milestones to remember as you age especially the ones related to Social Security, Retirement Savings and Medicare. Here are some to keep in mind: Age 50 or over Individuals who are age 50 or over at the end of the calendar year can make annual catch-up contributions to their retirement accounts. …more
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