Join us on September 12 from noon to 6 pm for the annual event Celebrating Our Seniors: A Healthy Aging Fair. This year the event will be held at Bothell Country Village during the weekly Farmer’s Market. Live entertainment, games, giveaways and more! Come join the fun!
Author Archives: John
Understanding Your Health Insurance
It seems rather simple – turn 65 … go on Medicare … problem solved. But the reality is sometimes different. Failing to understand how your health insurance coverage works can be costly. Drew Grider, President of the Retirement Network, learned this lesson just in time when a 67-year-old client of his scheduled surgery just days… Continue Reading
Bothell’s Legal Community
You may or may not have noticed but the winds of change in Bothell’s legal community are blowing. One Bothell law firm has merged into a large Bellevue firm, and it appears that another legal landmark is changing directions as well. While we don’t practice in all of the same areas as these other firms,… Continue Reading
No Bankruptcy Protection for Inherited IRAs
Back in January I wrote a post about a case going before the Supreme Court about whether an inherited IRA would be protected in bankruptcy. Well, it’s June and that means the Court is churning out its end-of-term decisions, including the inherited IRA case In Re Clark. In short, inherited IRAs do not receive protection… Continue Reading
Bitcoin Taxed As Property
The IRS issued a notice yesterday stating that it will view virtual, or cryptocurrencies, such as Bitcoin, Altcoin and Litecoin as property and not as currency. This is presumably good news for those who have invested in Bitcoin as any transactions will be taxed at capital gains rates, although capital losses will be limited. However,… Continue Reading