All posts by Janet Colliton

A Social Security Representative Payee -Not the Same As Power of Attorney

social security benefits

If you are caring for an elderly parent who is no longer able to handle his or her finances or you are handling Social Security funds for your minor child who is entitled to benefits because of disability, the death of your spouse, or your reaching full retirement age or otherwise becoming eligible for Social […]

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American Health Care Act Leaves Many Uninsured

Repealing and replacing the Affordable Care Act healthcare insur

It is sad to say but, if you wanted to draft a bill that caused as many Americans as possible to lose their health care coverage, you would be hard pressed to find a better candidate than the American Health Care Act, a bill recently passed out of two U.S. House of Representatives committees.  Thankfully […]

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Long Term Care Myths and Answers

Having worked with families for many years who are confronting long term care, I have to admit I see some changes.  The most significant have to do with some of the myths surrounding care.  What has not changed is denial. Here are some of today’s major myths. I’ll never get sick but if I do, […]

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Why Obamacare Is So Hard To Replace

Obamacare

Last month I wrote regarding one of the proposed Obamacare replacements recommended by Speaker of the House, Paul Ryan.  See “Obamacare Replacement – A Blast From the Past, “ Daily Local News, January 17, 2017.  Ryan recommended State High Risk Pools for people with preexisting medical conditions, a strategy that had been tried previously without […]

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Parents and Children – the Money Dynamic

parent-adult child relations

Much of the furor over parent-adult child relations when it comes to money has focused on the adult child who receives funds from his or her parent.  Just as important is the reverse situation, parents who run out of funds.  It is not hard to see the causes.  As parents live longer and some of […]

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Consider a Letter of Intent For Valentine’s Day

estate planning - will and trusts

With Valentine’s Day arriving soon, one loving gift that parents could give their children is a Letter of Intent with their estate plans.  If life insurance is important so are your hopes and dreams for your child’s future.  Estate plans that consider children, especially disabled children raise questions that the average person might not encounter […]

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Do It Yourself Caregiving or Hire – What Are the Considerations?

Do It Yourself Caregiving or Hire

Deciding when or whether to give up doing tasks on your own or hiring someone or an agency employing someone to do it for you is one of the most unrecognized stressful activities that we are called upon to accomplish on a regular basis.  This becomes especially relevant when considering whether to hire caregivers for […]

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Manchester By the Sea Movie – Lessons for Planning Estates

Manchester by the Sea

From time to time I break from the usual serious elder law issues and engage in one of my favorite pursuits – reviewing movies.  Still I cannot separate what I do from what I see in movies.  I would bet that doctors have the same inclination.  I know my cousin, Pat, who is retired as […]

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Obamacare Replacement Only A Blast From the Past

Obamacare and Jeff Jeans

As President Elect Trump stands ready to take the oath of office as 45th President this Friday, the dialogue on Republicans’ long awaited repeal of Obamacare, President Obama’s signature health care legislation, has risen to a fever pitch.  You would have thought that, after six years and about 60 continuous votes to repeal the law, […]

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Mediation Is An Effective Tool For Elder Family Issues

About a year ago, an attorney colleague in New Jersey, Shirley Whitenack, Esq., authored an article on elder families and mediation that caught my attention. The article, “Mediation: A Possible Option for the Dispute Involving Your Client,” was published in NAELA News, a publication of the National Academy of Elder Law Attorneys to which I […]

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Moving Overseas? High Net Worth Community Takes Note

One of the listservs which I access, WealthManagement.com, recently published an article titled “In Trump’s America, a Second Passport May Be the Best HNW Insurance Plan.” For those not accustomed to the standard abbrieviations, HNW stands for High Net Worth. The article was subtitled, “if clients are motivated to leave the U.S., attractive new destinations […]

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Last Chance Tax Tips for 2016

So you have a few more days in 2016 and would like to know how to minimize income taxes for the year. This is a last chance emergency plan to rescue you from additional federal taxes, if possible, for 2016. First, note that some suggestions could be too late for the year so the focus […]

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What Is Home For the Holidays

An old song “There’s No Place Like Home for the Holidays,” brings to mind the pleasure and the conflict inherent at this time of year  through Christmas, Hannukah, New Years, and the related holidays for many groups and religions.  Pleasure comes with reestablishing old ties.  Conflict can come with reminders why some old ties were […]

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Special Needs Trust Fairness Act

Special Needs Trust Fairness Act

As a follow up to last week’s column on the 21st Century Cures Act it is only fair to fill you in on additional provisions of the soon to be new law that explicitly concern  Special Needs Trusts, a portion known as the Special Needs Trust Fairness Act, and also relief from some IRS penalties. […]

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Reasons For Concern With 21st Century Cures Act

cures act

Just when we thought nothing could pass in a divided Congress, a proposed law referred to as the 21st Century Cures Act made its way through the U.S. House of Representatives and is slated to go to the Senate. It might well soon become law since President Obama has indicated his agreement as well as […]

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