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New Tax Break Helps Surviving Spouses |
| Widows and widowers who don't want to sell their house right away will get a tax break under a new law. The law gives surviving spouses two years to sell their house and receive the full $500,000 capital gains exclusion that married couples are entitled to.
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Keeping Track of Your Will |
| Once you've taken the step to create a will and get your estate plan in order, you need to figure out what to do with the will itself. It is important to keep track of the location of your current will as well as any old wills.
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Book Review: Cents & Sensibility: The Practical Guide to Money & Aging |
| Perhaps with the words of Jane Austen in mind that "a large income is the best recipe for happiness I ever heard of," this book offers advice to seniors on how to get the most out of their income during retirement.
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10 Million Boomers Will Develop Alzheimer's, Report Predicts |
| Alzheimer's disease will strike one in eight U.S. baby boomers, meaning that 10 million boomers will develop the mind-wasting disease, according to a new report.
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Study Suggests Medicaid-Sponsored Home Care Reduces Nursing Home Use |
| A recently released study of Medicaid-financed nursing home use over 18 months suggests that where seniors have alternatives like home care, their nursing home stays are more likely to be for acute care following a hospitalization or for a shorter period at the end of life.
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