Estate and Elder Law

Recent Posts

Williams Mullen: Retirement Plans’ Fiduciaries Are Found Liable to Plans for $36.9 Million: Tussey v. ABB, Inc.
Posted on 4 May 2012 by Williams Mullen

BY: MARK S. THOMAS & ROBERT W. SHAW In Tussey v. ABB, Inc. , No. 2:06-cv-04305 (Western District of Missouri, March 31, 2012) [ enhanced version available to lexis.com subscribers ], a class action case brought by present and former employees of... Read More

The Great Recession Hurts Those Soon to Retire, Even if They Don’t Lose Their Jobs.
Posted on 13 Jun 2011 by LexisNexis Estate and Elder Law Community Staff

A recent report from the Urban Institute suggests that the effects of the recession will be felt for several decades, especially by those who are now ages 60-65. Even for those fortunate enough to remain employed, individuals nearing retirement will... Read More

Tags: Retirement

Williams Mullen: Retirement Plans’ Fiduciaries Are Found Liable to Plans for $36.9 Million: Tussey v. ABB, Inc.
Posted on 4 May 2012 by Williams Mullen

BY: MARK S. THOMAS & ROBERT W. SHAW In Tussey v. ABB, Inc. , No. 2:06-cv-04305 (Western District of Missouri, March 31, 2012) [ enhanced version available to lexis.com subscribers ], a class action case brought by present and former employees of... Read More

Credit Card debt Crippling Retirement?
Posted on 28 Jan 2011 by Deirdre R. Wheatley-Liss

Oftentimes the oldest generation of Americans are seen as the most frugal - they experienced the Great Depression, they abhor debt, they saved their pennies, and while they may now be living off of social security, at least they don't owe anyone money... Read More

Tags: Retirement , debt.

State Net Capitol Journal: Helping Workers Help Themselves
Posted on 18 Jun 2012 by State Net

When Dr. Dena Davidson graduated from the University of California, Berkeley School of Optometry in 1995, her expectations were pretty reasonable. "I knew being an optometrist was not going to make me rich," she says. "But I felt I would... Read More

Surprise: Study Shows Oldest Baby Boomers ARE Retiring
Posted on 27 Apr 2012 by karplaw

Surprise: Contrary to conventional wisdom, a new study seems to show that the first wave of Baby Boomers, born in 1946, isn't shunning retirement. They're retiring, despite expert predictions that they would not. According to the 2011 MetLife... Read More

Sarasota Florida Ranked as Best Place to Retire
Posted on 12 Mar 2012 by Marc J. Soss

Sarasota Florida came out on top of a list of best places to retire that was produced by a national website, with Venice Florida not too far behind. The list by TopRetirements.com was cited in a recent national report by MarketWatch, part of Dow Jones... Read More

State Net Capitol Journal: Courts Reject Ambitious Pension Reforms
Posted on 21 Feb 2012 by State Net

A pair of district courts have ruled that recent public pension reforms in Arizona and New Hampshire boosting the share current workers must contribute toward their retirement are unconstitutional. The courts ruled that both states broke their contracts... Read More

New Incentives to Retire Early - Government will offset Employers Paying Continued Health Care Costs
Posted on 4 May 2010 by Deirdre R. Wheatley-Liss

The Obama Administration reports today that they will subsidize employers who are providing medical benefits to "early retirees". The issue is that Medicare kicks in at age 65. Given the costs of private health insurance, older, and sometimes... Read More

State Net Capitol Journal: Courts Reject Ambitious Pension Reforms
Posted on 21 Feb 2012 by State Net

A pair of district courts have ruled that recent public pension reforms in Arizona and New Hampshire boosting the share current workers must contribute toward their retirement are unconstitutional. The courts ruled that both states broke their contracts... Read More

State Net Capitol Journal: Helping Workers Help Themselves
Posted on 18 Jun 2012 by State Net

When Dr. Dena Davidson graduated from the University of California, Berkeley School of Optometry in 1995, her expectations were pretty reasonable. "I knew being an optometrist was not going to make me rich," she says. "But I felt I would... Read More

Sarasota Florida Ranked as Best Place to Retire
Posted on 12 Mar 2012 by Marc J. Soss

Sarasota Florida came out on top of a list of best places to retire that was produced by a national website, with Venice Florida not too far behind. The list by TopRetirements.com was cited in a recent national report by MarketWatch, part of Dow Jones... Read More

Dont Count on an Inheritance as Half of Americans Die Broke
Posted on 4 Sep 2012 by Marc J. Soss

If you want the best retirement outcome possible, get rich. If that fails, consider getting married, staying married-and doing your best to die before your spouse does. That last is not entirely serious, but the general take-away is that being married... Read More

Surprise: Study Shows Oldest Baby Boomers ARE Retiring
Posted on 27 Apr 2012 by karplaw

Surprise: Contrary to conventional wisdom, a new study seems to show that the first wave of Baby Boomers, born in 1946, isn't shunning retirement. They're retiring, despite expert predictions that they would not. According to the 2011 MetLife... Read More

State Net Capitol Journal: Snyder Says MI Will Appeal Retiree Health Ruling
Posted on 10 Sep 2012 by State Net

Michigan Gov. Rick Snyder (R) said his administration intends to appeal a Michigan Court of Appeals ruling [ AFT Mich. v. State , 2012 Mich. App. LEXIS 1632 (Mich. Ct. App. Aug. 16, 2012) [ enhanced version available to lexis.com subscribers ]] that declared... Read More