For veterans rated 100% disabled by the Department of Veterans Affairs (VA), compensation is a vital financial lifeline, ...

The 100 percent VA disability rating is not just a number for thousands of American citizens, it is a lifeline. This becomes even greater when a veteran has a spouse, a child, and ...

Dear Mr. Premack: As I get serious about completing my tax return, I am wondering if it is possible to reduce my taxes by claiming my father as a dependent. He lives in assisted living but could not ...

If you pay or receive child support, you may have questions about tax rules for child support and how this could affect your income tax filing. The IRS recognizes the role of parents and guardians for ...

A relative and I have a disagreement. A mutual friend and his wife live in Wisconsin. They have a 32-year-old son who still lives at home. His parents provide almost all of his support - food, ...

Taking care of an older adult, disabled spouse, or other family member can, for some, be as rewarding as it is challenging. Giving your loved one a safe and secure environment is often crucial for ...

Retirement planning can be stressful enough on its own. Add long-term care for aging parents, and the challenge for Financial Advisors and their clients compounds.