A reporter called me the other day to ask why most Americans can’t seem to save for their future. That conversation subsequently got me thinking more about why most people can’t – or won’t – save. We’ve long had the developed world’s lowest rate of savings, and recent federal government statistics indicate that the national...Read More

“To know the road ahead, ask those coming back.” – Chinese Proverb We have been in business for over 20 years and in that time we have noticed a growing trend of parents, and especially grandparents, who want to leave something valuable to their progeny. This can take many forms, the most common of which...Read More

The Deficit Reduction Act of 2005 (DRA) was enacted to limit the impact of Medicare and Medicaid programs on both the federal and state budgets. The legislation has brought about a number of revisions to the Medicaid rules concerning asset transfers and the treatment of other resources for individuals applying for long-term care services. This...Read More

On the last day of August 2007 the U.S. crossed a historic fiscal milestone some would call it a millstone as the national debt topped $9 billion, according to the Bureau of the Public Debt at the Treasury Department, prompting Congress to once again raise the federal debt ceiling. The interest paid in 2006 on...Read More