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Tampa, FL (Law Firm Newswire) November 12, 2015 – A new survey shows that a majority of U.S. citizens need help when it comes to Social Security decisions. Many people believe they are reasonably knowledgeable on the numerous options available for claiming benefits. Only one in five people rely on experts. The findings were released on Sept. 28 by AARP and the Financial Planning Association. They jointly surveyed 1,215 future Social Security beneficiaries aged between 45 and 64, as well as 1,279 certified financial planners. The results revealed almost half of individuals are only somewhat knowledgeable about issues such as […]


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Orange County, CA (Law Firm Newswire) December 31, 2014 – Recently, the divorce of an older Midwestern couple made headlines as the spouses waged a high-profile legal battle in court over a multi-billion dollar fortune amassed during a 26-year marriage. But that case is an anomaly. As the divorce level rises among couples over 50, experts suggest that the only ones getting rich are the divorce attorneys.  An article in AARP pointed out that in 2010, the divorce industry made $50 billion, while many of those getting divorced ended up in financial difficulty. Maria Cognetti, the president of the American […]


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Palo Alto, CA (Law Firm Newswire) August 29, 2014 – A major report from the American Association of Retired People (AARP) has named California a strong performer in long-term care systems for older adults and the disabled. The report, called a “scorecard,” evaluated states on 26 different criteria and then aggregates the findings into an overall ranking. California finished ninth overall and drew top scores in several areas. The state earned a first-place rating on the availability of Medicaid benefits (Medi-Cal) to cover the costs of long-term care. The report also gave California a second-place rating for the diversity of […]


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Tampa, FL (Law Firm Newswire) April 24, 2014 – The Florida legislature is soon to vote on a bill to place restrictions on lawsuits against nursing homes. The bill would protect passive investors from lawsuits related to care of nursing home residents. It would require evidentiary hearings in cases in which residents pursue punitive damage claims against homes. It would also place penalties on nursing homes that don’t pay judgments against them, including possible revocation of operating licenses. Tampa nursing home abuse attorney Robert Joyce offers his thoughts on the bill’s provisions. “I’m always wary of bills that might restrict […]


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Fairfax, VA (Law Firm Newswire) October 16, 2013 – Debt can affect retirement plans, says a prominent Virginia estate planning attorney. Americans entering their golden years should be looking forward to enjoying their retirement and perhaps planning to leave an inheritance to their children. However, many of the baby-boomer generation are finding that things like credit card debt, mortgages, the cost of caring for elderly parents, and providing support for college-aged children, are significant obstacles in retirement and estate planning. “Debt is a growing problem for older Americans, and it definitely affects estate planning,” said Lisa McDevitt, an estate planning […]


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