Monday, February 28, 2011

Elderplanning Testimonial

"Kate McGahan's skill, experience, and availability were invaluable to me in getting my recently widowed mother the care that she needed. My mother unrealistically wanted to continue living alone in her own home, and I did not have the wherewithall to convince her of the clear need for an assisted living arrangement in short driving distance of where I live.

Kate skillfully navigated Mom through a comprehensive three-hour interview to learn of her current situation, needs, and concerns. Kate's professional but relaxed, concerned, attentive manner helped my mother to relax and consider making significant changes that she never would have accepted directly from a family member, even if I had known what to propose and how to say it, which I did not. Kate built such a rapport that Mom asked after her in the days following the interview.

Kate's follow-up written assessment was clear, pointed, balanced, and invaluable to me when taking my mother to new doctors and her new residential care apartment near me in an adjacent state. Her timely, professional assistance illuminated for us the future path my mother needed, and elicited from my mother cooperation that I never would have gotten without Kate's help. Finding Kate was for me the single most important and valuable step in an urgent and critical process."

~George DeVore


Monday, February 14, 2011

Koldin on Pet Trusts



New York State enacted legislation which permits you to provide for your pets after your death. Under this law, you can set aside funds to be held in a Trust to maintain the health, welfare and comfort of your pets.

Under this Pet Trust law, you decide the amount of funds you want to set aside and designate someone (Trustee) to manage the funds and provide for your pets pursuant to the requirements you set forth in the Trust. The Trustee cannot use the funds for any purpose other than to care for your pets.

The Trust must end on the earlier of the death of your pets or within twenty-one years after the date of your death. You designate under the terms of the Trust who inherits the remaining balance of your Pet Trust at the time of termination.

A Pet Trust can be written as part of your Last Will and Testament or as part of the beneficiary provisions of your own Revocable or Irrevocable Living Trust.


Thank you to the Koldin Law Firm in Kirkville New York for this information



Monday, February 7, 2011

How to Find a Lost Person



Trying to Find A Lost Pension?

Contact the Social Security Administration to get your earning's record. Your former employer's federal employer identification number (EIN) will be on record. Then use the EIN to search for the company at www.freeerisa.com Also, check with the pension benefit guaranty corporation (www.pbgc.gov), the federal agency that insures corporate defined-benefit plans. Another place to check is the nonprofit pension Rights Center at www.pensionrights.org which helps employees and retirees understand and enforce their legal rights.

This from the AARP Bulletin
601 E. St. NW
Washington DC 20049

(Thank you to August 1, 2006 issue of Bottom Line Personal for reprinting.)

Popular Posts