A long-term care insurance company recently cancelled the insurance coverage of an elderly woman who accidently wrote the wrong amount on her premium check. The case illustrates the need for policyholders to pay attention to the details.
The Department of Housing and Urban Development has announced changes to the federal reverse mortgage program that will raise reverse mortgage fees for some borrowers and lower the amount homeowners can borrow.
With Republicans in control of Congress and the presidency, there is talk of eliminating the federal estate tax, which in 2017 affects only estates over $5.49 million, fewer than 1 percent of estates. With no estate tax, do you still need a trust?