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SSI Mobile Wage Reporting App

Wednesday, 25 February 2015 09:35

CellphonesThe Social Security Administration now offers a free Supplemental Security Income (SSI) Mobile Wage Reporting Application. This convenient new tool allows recipients, their representative payee, or an individual whose income helps them meet their basic needs (like a parent or a spouse) to report wages using a smartphone. SSI is a needs-based program so the amount that recipients receive is determined partly by the income available to them. It is good practice for them to report wages on a monthly basis to prevent overpayment or underpayment by SSI. Recipients should contact their local social security office to see if they are eligible to use the app or visit the Social Security Administration website.  

Download the app here: iOS  Android

- Posted by Hickman & Lowder Staff

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Avoiding a Wasteful Land Sale Proceeding

Thursday, 19 February 2015 12:00

houseOne of the most overlooked but important reasons for young people to have a basic estate plan is if their main asset is their home. Particularly for young couples with young children at home, the house is generally the largest asset. Almost uniformly, that largest asset is encumbered by a mortgage. If something were to happen to you and your spouse and you didn't have a simple estate plan in place, the person in charge of your estate would likely be forced to sell the home to pay the debts of your estate. While this may not seem like a problem at first glance, if you don't have a last will and testament that specifically authorizes your executor to sell your real property to pay off your debts, the your estate will likely have to institute a land sale proceeding in probate court.

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I've Signed My Healthcare Power of Attorney and Living Will: Now What?

Thursday, 08 January 2015 11:16

docsYou did the responsible thing. You hired a lawyer. You put in place a power of attorney for healthcare and a living will. You know who will be making decisions for you if you can’t communicate and you know who will speak to your doctor if you are unconscious. It seems as though you have done all the right things. You gave a copy of the power of attorney to the person you named. Is it time to sit back and relax?

Almost.

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ABLE Act

Wednesday, 17 December 2014 15:27

Congress has passed the Achieving a Better Life Experience (ABLE) Act this week, which promises to help individuals with disabilities and their families save for disability-related expenses and proactively plan for their futures.  The ABLE Act would allow a single tax-free savings account to be established for individuals who were disabled before the age of 26. 

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