Money

Money

Stretching Gift Tax Limits

If you want to make a gift to family members but have exceeded the annual gifting limit, there is another way. Payments for a family member’s education or health care expenses are exempt from the gift tax. ...
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How to Make Changes to Your Will

While it may be tempting to just take out a pen and make changes to your will by hand, don't. Changes will not be effective unless you use the same formalities as you did when drafting the will. And depending on state law, changes made by hand on the will may void the will altogether. ...
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Watch Out for Fly-By-Night Contractors

Don't let your home improvement project like a paint job or driveway repair turn into a nightmare. It's prime time for home improvement scammers, and they've got their sights set on unwary consumers. The Better Business Bureau has suggestions for beating these fly-by-night contractors at their own game. ...
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Worth Noting: Tap Shoes, Spotting Scams & More

 

 

Tapped In

A New Shoe Move

Reading a book. Sipping coffee. Playing cards. Some activities are best done seated. Dancing typically isn’t one of them.

Enter Westlake’s Melissa Renner. The owner of Active for Life Fitness found that many of her older fitness clients and others with disabilities enjoyed tap dancing but were unable to participate because of limited mobility. So she invented a shoe cover that’s easy to slip on over both regular and orthopedic shoes. The best part? It’s got metal tap discs on the bottom that permit users to tap dance from the security of a chair.

Renner also invented a mitt with hand taps for people who are unable to use their legs or feet. 

“I’ve witnessed seniors suffering with Alzheimer’s and dementia go from non-verbal and seemingly unaware of their surroundings to tap dancing while seated — all in one class. The stories and examples are moving. And after the isolation this population has endured due to COVID, I’d like to … spotlight how significant dance is for the mind and soul,” Renner says.

You can find Renner’s products at activeforlifefitness.com

 

Keven Scarpino

Keeps His Ghoul

Like a lot of kids, Keven Scarpino was part of the first generation of television viewers, and early TV in Northeast Ohio was some of the best in the country.  

Scarpino’s first autograph was from his hero, Ernie “Ghoulardi” Anderson, and Keven made up his mind that he wanted to be an entertainer, too.  He developed a character, a horror host, who was quick to tell his audience just how bad his “dumpster-to-screen” films were but added his own comedy bits to keep people watching.

“The Son of Ghoul” show premiered on Canton’s WOAC. Scarpino never thought it would last more than 13 weeks. That was on June 13, 1986, and since that time, he’s never been off the air.  

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Congratulations! You’re an Executor AND a Guardian

When you first took on the role of executor, you were probably more focused on the honor than on the responsibilities, being recognized as the go-to person in the family making things right. Perhaps you were the one to resolve difficult issues in the past, but you should know that being an executor is different, especially when there is a surviving spouse.  ...
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How to Make Changes to Your Will

While it may be tempting to just take out a pen and make changes by hand, this is not recommended. Changes will not be effective unless you use the same formalities as you did when drafting the will. And depending on state law, changes made by hand on the will may void the will altogether. If you sign your name to handwritten changes and have the changes witnessed, it is possible a court will find that the changes are valid, but there is no guarantee and there are likely to be delays with the court while your final wishes are sorted out. ...
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Medicaid & Nursing Home Care Basics

Most of us know that Medicaid and nursing home care expenses are intertwined, but exactly how? If you're exploring ways to pay for a nursing home for a loved one, it's good to understand the basics and how they can vary, state by state. ...
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How the $1.9 Trillion COVID-19 Relief Bill Aids Seniors

The latest COVID-19 relief bill — in addition to authorizing stimulus checks, funding vaccine distribution and extending unemployment benefits — also provides assistance to seniors in a number of ways. The $1.9 trillion American Rescue Plan Act (ARPA) delivers a broad swath of relief, covering families, employers, health care, education and housing, including provisions that most directly affect older Americans. ...
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