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What Senior Citizens Need To Know About Private Long Term Care Insurance

Insurance / Medical Insurance

Aplus Legal Advice  |  2022.07.31 18:54  |  660 views

Long term care is a major concern of American senior citizens and their families. Studies have shown that Americans rank long term care second, behind saving for retirement, when prioritizing financial needs. Unfortunately, many Americans do not want to think about needing long term care and, therefore, fail to plan for it. Others wrongly assume that Medicare or standard health insurance policies will cover the costs of long term care services. As a result of this failure to plan, tens of thousands of Americans are impoverished each year by the costs of long term care.



What Is a Dependent for Tax Purposes?

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:53  |  744 views

What are the qualifying characteristics of a dependent for tax purposes? Following is a general explanation on how to determine dependents, and how it relates to your tax status, liability, and the credits you can claim on your tax return.



Money Laundering in A Changed World

Legal / Criminal Law

Aplus Legal Advice  |  2022.07.31 21:49  |  844 views

If you shop with a major bank, chances are that all the transactions in your account are scrutinized by AML (Anti Money Laundering) software. Billions of dollars are being invested in these applications. They are supposed to track suspicious transfers, deposits, and withdrawals based on overall statistical patterns. Bank directors, exposed, under the Patriot Act, to personal liability for money laundering in their establishments, swear by it as a legal shield and the holy grail of the on-going war against financial crime and the finances of terrorism.



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