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Christmas music has already begun in some stores, which also means that it’s time to begin end-of-year planning. For many, this means looking at your 401(k), and so I thought I’d share some news and tips from a recent article. Brightscope Inc., a retirement plan rating company, recently compiled a list of the 10 most commonly held mutual funds in 401(k)s. Generally, it hasn’t been a bad year for 401(k)s and investors. Nevertheless, many of the top ten underperformed the Standard and Poor’s 500 stock index. This may simply be a sign that size is not always conducive to…
From the following blog http://mhs.typepad.com/threepointfive-45/dying-free-of-the-federal-estate-tax-billionaire-deaths-in-2010.html Billionaire Fortune Date of Death Estimated Net Worth (from Forbes billionaires, 3/10/10) Mary Janet Cargill inherited, Cargill Inc. February 5, 2010 $1.7 bil Dan L. Duncan self made, energy March 28, 2010 $9.0 bil Walter Shorenstein self made, real estate June 24, 2010 $1.1 bil (with family) George Steinbrenner self made, Yankees July 13, 2010 $1.1 bil John Kluge self made, Metromedia September 7, 2010 $6.5 bil
Unfortunately, we see many horror stories by people taking advice from their neighbors, acquaintances and friends. Thus, we help you save thousands of dollars per month through our nursing home and estate planning strategies.
In order to qualify for Medicaid, the federal-state program for the poor, an individual must deplete his or her assets to reach a $2,500 threshold. Often, that patient needs care before reaching that limit and can accumulate thousands of dollars in nursing home bills.
1. Assess Home-Care Needs: Evaluate the help that is needed in the areas of health care, personal care and household care. 2. Write a Job Description: Write out a job description based on the help that is needed. 3. Develop a Contract: The job contract is based on the job description and should include: Wages, Hours of Work, Employee’s Social Security number (because you must report wages paid to the caregiver to the Internal Revenue Service), and job description. 4. Where to Find a Caregiver: Identify the pool from which you can find a caregiver. You may have neighbors or…
a growing number of startups that use monitoring technology to revolutionize elder care. These companies are also betting on a big market as the baby boomers enter old age.
Frederick, MD 
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