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Social Security Full Retirement Age Increases

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What is Full Retirement Age? Why is it Important? How is Full Retirement Age Changing in 2017? Were you born after January 1, 1955? If so, you should be aware that the Social Security Full Retirement Age is increasing starting this year. This impacts your benefits – and not in a good way. Full retirement […]

Nursing Home Residents Gain More Control over their Care

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Last September I wrote about the Federal Government’s update and reform of its regulation of long-term care facilities. See, “Government Updates Nursing Home Regulations.” In my prior posting I focused on the controversial sections limiting the use of arbitration agreements in nursing facility admission contracts. That aspect of the new rule is currently in limbo […]

Resolutions to Protect Family

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During the holidays, families gather together and celebrate the season with their traditions. Many anticipate seeing the new baby, eating Aunt Penny’s red and green M&M cookies, going to candlelight church service, having a special family game night or just being still in front of a fireplace together. Families are not necessarily blood relatives but […]

IRS Increases Deduction Amount for Qualified Long-term Care Insurance Contract Premiums but Medical Deduction Threshold for Seniors Increases

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The IRS has issued new maximum deduction amounts for long-term care insurance premiums for 2017. It is important for long-term care insurance policy holders to be aware that at least a portion of the premiums paid for qualified long-term care insurance policies may fall under the medical expense deduction. However, seniors must also understand that […]

Planning for Getting Older

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It’s 2017. Another year has disappeared into history. If you are like me, the older you get, the more quickly each year seems to pass. January is the month when people make resolutions for the New Year. If you are over age 60, and especially if you have reached age 70 (like me), consider this […]

Employee Spotlight: Anne Skillen

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Anne Skillen recently joined the Marshall, Parker & Weber team as an Estate Administration Case Manager in our Williamsport office. Although born in Brooklyn New York, Anne moved at a very young age and was raised in New Jersey. She moved to the Williamsport area to marry her husband Bob in 2014. Mr. Skillen has […]

Congress Passes Special Needs Trust Fairness Act

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The Special Needs Trust Fairness Act provides that individuals with disabilities can now create their own special needs trusts instead of having to rely on others. The Act was included as Section 5007 of the 21st Century Cures Act which was signed into law by the President on December 13, 2016. The Act corrects an error in existing […]