SeniorTruth

Shown above is the title of yesterday’s article by syndicated columnist Kathy M. Kristof — in which she tackled many of the complexities of estate planning and made them understandable. The article appeared on the front page of the Los Angeles Times business section.
We’re proud to note that the article featured H.E.L.P. and its [...]

The ongoing subprime mortgage problems bring new attention to the credit counseling industry.
Helping people in debt sort out their obligations and repayment programs is a valuable service. Unfortunately, the credit counseling industry has attracted unscrupulous operators who promise results they cannot provide. The Federal Trade Commission (FTC) warns about these operators, even suggesting that [...]

Question: When my Mom died, my sisters-in-law and I got into a big argument about the funeral arrangements. I think everyone was trying to do the right thing, but we disagreed and there’s still anger about this. What can my family do so this won’t happen to us again?
Answer:

The United States Government Accountability Office (GAO) just issued a report on the financial security of women in retirement. The Report’s findings must be considered in the upcoming debates on the future of Social Security.
Among other things, the GAO found that
In general, women have less retirement income than men, largely because of women’s lower labor [...]

The U.S. Department of the Treasury recently issued an “issue brief” on the financial viability of the Social Security retirement system. Among its comments:
Viewing Social Security from the perspective of how it affects current and future individuals and generations explains why reform can be fairer to future generations the sooner it is implemented [emphasis ours]. [...]