February 1st 2009 Newsletter

What Happens If You Die Without a Will?
We all know we are supposed to do estate planning, but not all of us get around to it. So what happens if you don’t have a will when you die? Your estate will be distributed according to state laws, which may or may not be the way you want it to be distributed.
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Supreme Court Says Deceased Employee’s Ex-Wife Can Get His Pension Benefits
A new Supreme Court decision illustrates the importance of making sure your beneficiary designations are up-to-date.
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Book Review: Living and Dying in a Long-Term Care Facility: Notes From a Nursing Home Doctor
A geriatrician offers an eye-opening, behind-the-scenes look at the long-term care system from a nursing home physician’s perspective.
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10 Steps to Less Stressful Caretaking
Taking care of an elderly loved one can be exhausting and stressful. Often due to the lack of outside help, a devotion to the person needing care, or the tunnel vision that can accompany exhaustion, caretakers don’t take care of themselves. Here are some ways to care for yourself so you can better care for your loved one.
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IRS Clarifies Recent Law Waiving Account Distribution Rules for 2009
The Internal Revenue Service has issued guidance to financial institutions clarifying the new law that allows seniors to avoid making required withdrawals from depleted retirement accounts in 2009.
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