Silver Alert: What to do when a Senior goes Missing

Caring for and keeping a cognitively impaired person safe challenges every assumption about what a person might or might not do. As Elder Law of East Tennessee’s Care Coordinator I hear frightening stories from some of our clients’ families....

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Making “Home Sweet Home” into “Home Safe Home”

It goes without saying that, if asked, most people prefer to age in place. That means that folks want to stay where they are and don’t want to move. Sometimes the homes we choose when we are healthy and...

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The True Heart of “Elder Law”

As I write this article, I am on an airplane heading to southwest Florida to visit my 86 year old mother, a retired flight attendant for TWA. My mother flew international routes during the 1950s and 60s when air...

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How to Handle Your Inherited IRA

IRAs are becoming a common asset in estate plans, sometimes the largest asset of the estate. They can, however, be a tax trap for the unwary. Inherited IRAs are treated differently depending on the age of the decedent and...

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Seniors and Obamacare (The Affordable Care Act)

Dear Mr. Premack: We are hearing everywhere that October 1 is when Obamacare starts. I hear and see lots of news and ads criticizing Obamacare and don’t want to have to pay extra taxes or change my doctor because...

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What to Expect When Administering an Estate or Trust

The administration of a probate estate or a trust generally takes six months to a year. The fiduciary can expect that time to involve a period of great activity at the beginning, followed by a long period of waiting...

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Don’t Keep Secrets and Don’t Be Left in the Dark

Do you know where your assets are? Many people don’t. So long as there is regular income and some money in the bank, we do not bother to take a complete inventory very often. There are some people who...

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Can I Claim My Parent as a Dependant

Dear Mr. Premack: As I get serious about completing my tax return, I am wondering if it is possible to reduce my taxes by claiming my father as a dependent. He lives in assisted living but could not afford...

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