Category: Dependents
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Alzheimer’s Care Financial Update

Alzheimer’s Care Financial Update

  It's been a busy few months for us Nordman family men, but the fallout is settling. Dad's still healthy and mobile, he just turned 82 years old, and he's still deep into mid-stage Alzheimer's. He's doing "as well as can be expected" (I've learned to despise that phrase), but everything else has changed. ...

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Why I Won’t Buy Long-Term Care Insurance

Why I Won’t Buy Long-Term Care Insurance

Note:  My Dad is still deep in mid-stage Alzheimer's Syndrome, but he's healthy and doing fine.  This post is about my experiences with his insurance.   There are hundreds of posts on the pros and cons of long-term care insurance, but most of them approach the question from a financial perspective. Today ...

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The Pitfalls of Your Parents’ Finances

The Pitfalls of Your Parents’ Finances

Have you had the financial independence talk with your parents? (No, I don't mean the one about college costs and student loans, or the one about helping out with your down payment on your first house.) I'm talking about the one where you hope they'll talk about their health and tell you how to manage their ...

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Start a Roth IRA For Your Kid

Start a Roth IRA For Your Kid

Now that the 2013 tax planning is over, let's talk about 2014. A reader asks: I think you mentioned before that you set up an IRA for your daughter. How did you account for wages and a W-2? Did she work for you or earn income from someone else? I've set up a Roth IRA for our teen for work done around the house, but ...

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How I cost my Dad over $2000 in Medicare benefits

How I cost my Dad over $2000 in Medicare benefits

It's been a few months since I posted about Dad. He's still happy and healthy in the care facility, and he's a little deeper into mid-stage Alzheimer's. (In his mind, he's consulting on-site about their electrical engineering needs-- just as he did in his career for nearly 30 years. He says he's happy that they let ...

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Protecting Your Military Benefits In A Divorce

Protecting Your Military Benefits In A Divorce

A reader writes: "In my divorce decree I was awarded part of my husband's Reserve "disposable military retirement pay". My portion is 50% of the time for which we were married, and only for the Reserve points that he earned during our marriage. But the problem is not only figuring out how much I'll get in dollars ...

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