Tag Archives: Social Security


Posted 9 months ago in Child Custody and Support Creditor/Debtor by Josh Crank  
Legally Dead Man Seeks to Rise from the Grave

Death is more or less a permanent condition. You rarely hear dead people complain about this, but Donald Miller Jr. says his death should be reversed on the grounds that he is alive. Unfortunately for Miller, Ohio law says his death is irreversible, whether he’s alive or not. Miller was faced with an alcohol problem, thousands of dollars in unpaid child support and an unexpected job loss in the 1980s, before he shuffled off the legal mortal coil. With bleak …

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Posted 10 months ago in Elder Law Your Money & The Law by Janet Raasch  
To Maximize Social Security, Wait Until You’re 70

As we near retirement age, we worry about having sufficient money to maintain our lifestyle, or close to it, for the rest of our lives. After all, we could easily spend 25 years in retirement. Traditionally, the “three legs” of retirement income were pension, savings and Social Security. As defined benefit pensions disappeared and savings eroded during the economic downturn, Social Security plays an ever more important role in retirement security. Most retirees plan to collect Social Security as soon …

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Posted 1 year ago in Divorce Your Money & The Law by Michele Bowman  
Divorce Over 50 Can Drain Your Retirement Savings

More older Americans are getting divorced, and as a result more people are faced with dividing up retirement accounts at the end of a marriage.   Special Financial Issues People are living longer and social mores about divorce have relaxed, says Bari Weinberger, a family lawyer with the Weinberger Law Group in Parsippany, N.J. That has resulted in more older people seeking divorces. She adds that more women are exiting their marriages after their children are grown because they feel …

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Posted 1 year ago in Editors Picks Taxation by Michele Bowman  
Surprise! Your 2012 Taxes Are Higher Than You Thought

After the close of another year, income taxes of course come to mind. While it’s clear we have to pay tax on our income, there are plenty of provisions in the tax code that require federal taxes to be paid on things you may not normally think of. As you’re gathering your forms and preparing to submit your returns, consider the following checklist of surprises, groaners, and ironies.   Unemployment Benefits It’s ironic but true – you have to pay …

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Posted 2 years ago in Divorce Your Family & The Law by Michele Bowman  
Divorce Can End Health Insurance for Many Women

You lose a spouse in divorce, and you also stand to lose custody of children as well as property and possessions. But did you know you can also lose your health insurance? It’s an aspect of divorce that is often overlooked. And according to a study released in November by researchers at the University of Michigan, loss of health insurance via divorce is happening to more and more women.   Growing Problem for Middle Class About 115,000 American women lose …

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