October 1st 2009 Newsletter
Insurance Industry Fighting to Remove Kennedy’s LTC Plan From Health Reform
A proposal to establish a new national long-term care insurance program that would offer basic help to the elderly and disabled is under attack by the insurance industry. Although the proposed program is still included in major health reform bills in both the House and Senate, it is unclear whether it will make it to the final legislation.
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Program Provides Support Services to Family Caregivers
Caring for a family member is hard work, and without support, caregivers can easily get burnt out or overwhelmed. However, there is help available for caregivers if they know where to look.
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What Is a Trust Protector and When Might You Need One?
Trust protectors — long popular in offshore trusts set up by high rollers — are now gaining popularity in trusts established here in the U.S. by less affluent folks. A trust protector is someone who is appointed to watch over a trust that will be in effect for a long time to ensure that it is not adversely affected by any changes in the law or circumstances.
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529 Plans Can Pay for Computers and Internet for Next Two Years
Tax-free college savings plans and prepaid tuition programs — so-called 529 plans — can be used to buy computer equipment and services for an eligible student during 2009 and 2010.
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