Daily Archives April 18, 2015

An Overview On The Financial Capacity Of Social Se

An Overview On The Financial Capacity Of Social Security

by: Jinky C. Mesias

There have been so many reports confirming the distressing state of the finances of Social Security and so many members by now are wondering if they can really get the benefits that are due to them when their time to claim for such benefits arises.
In spite of the financial crisis that the Social Security is facing today, the Social Security Administration is confident that it can pay all benefits that are due to their members. They assured further that there would be no cuts on the benefits to be received by the current retirees but rather there would be a yearly increase on the benefits due to cope with inflation.
There are also so many reforms planned to be implemented in Social Security including those set forth by the President’s Commission that would further strengthen Social Security. The reforms are also set to ensure that scheduled benefits, including cost of living increases for would-be retirees. Moreover, the reforms will not reduce the benefits of currently disabled Social Security members as well as disabled beneficiaries.
However, in spite of all the reforms to be made in the Social Security Administration there is still the present problem in terms of finances since there is a foreseen 26% reduction in the benefits to be given for future Social Security retirees and unless the social security administration does something to diminish such problem then there would be an expected continuous reduction every year in the scheduled benefits.
The Social Security although offering retirement benefits should never be considered as a sole source of income in retirement. It is much better to have other retirement plans to further ensure that you leave comfortably when you retire...

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Rights and Obligations with Prenuptial Agreement

Rights and Obligations with Prenuptial Agreement

by: Jeffrey Broobin

Prenuptial agreements are like insurance policies. You do the paperwork, and then hope you’ll never need it. However, since half of marriages end in divorce within the first seven years, you may want to consider a prenuptial agreement before you walk down the aisle and say, “I do.”
Since you could later be engaged in a nasty, costly, and emotionally draining divorce some day, you should consider a prenuptial agreement as a precaution. Below we have given you some information on what is in a prenuptial agreement and whether it could be useful for you.
A prenuptial or ante nuptial agreement is a document signed by two people who intend to be married. It describes their rights and obligations should they get divorced. A prenuptial agreement informs the court how they want their assets and property divided up.
Divorces become messy when parties cannot agree on the distribution of property, such things as the house, the house, stocks, and bonds and whether one party should pay the other alimony, now known as “maintenance” in most states. Assume that the husband has $1,000,000 in his own name prior to the marriage. A properly drafted prenuptial agreement can award that same $1,000,000 to him after a divorce, notwithstanding what he does with the money, such as purchasing a home in joint tenancy or shifting the money into other accounts. Without a prenuptial agreement, the wife might be entitled to one-half of the $1,000,000 or more, depending on the financial circumstances of the parties at the time of the divorce. The prenuptial agreement is a powerful and valuable tool that can favor the husband, protect the wife, or serve both of them fairly. It is a question of circumstances and intentions.
Candidates fo...

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Affordable Insurance Quotes To Save You Money!

Affordable Insurance Quotes To Save You Money!

by: Mike Yeager

Whether you’re looking for insurance quotes for auto, life, travel or health you can find some great rates on the internet. Insurance quotes coverage can provide peace of mind and also financial coverage in the event that something untoward happens.
Originally health insurance in the United States took the form of a voluntary program. Such programs date from about 1850, when health insurance was provided chiefly by cooperative mutual benefit and fraternal beneficiary associations. Insurance quotes can now be obtained online from the internet.
Insurance quotes for life insurance, originally conceived to protect a man’s family when his death left them without income, has developed into a variety of policy plans. In a “whole life” policy, fixed premiums are paid throughout the insured’s lifetime; this accumulated amount, augmented by compound interest, is paid to a beneficiary in a lump sum upon the insured’s death; the benefit is paid even if the insured had terminated the policy.
When looking for individual health insurance or other insurance quotes remember that “Individual” refers to the person buying the coverage, but the individual health insurance covers your whole family. You may have to pay more for your coverage than if you were part of a large organization, however it is possible to locate bargains that actually save you money over what you would have to pay if you simply left a company and picked up the cost of your COBRA.
Many people today have opted to be self-employed which carries the added necessity of acquiring individual health insurance for them and their families. Consider it a necessary expense that will actually save you money in the long-term...

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How To Make A Successful Car Accident Claim

How To Make A Successful Car Accident Claim

by: Mumtaz Shah

If making a claim for compensation has diluted your thoughts over the years thanks to large corporate companies gone bankrupt. You can now broaden your horizons as that’s history and personal injury compensation has entered a new era.
A car accident is never the same, similar but never the same. So logically a car accident claim can never be the same. Accidents do on the other hand occur in the millions every year, however making a successful compensation claim is difficult to get right if you don’t make the right moves.
All Car Accidents Are Unique
There’s one thing you need to beware of and that is accident ‘management’ companies either attending the scene or hospital. Theses are salespeople who work on a commission basis. You always have the good and the bad ones. Your job would be to distinguish the good from the bad.
99% of the time, these people will want your injury claim. Even if it means by-passing the small print! Another thing to note is, never listen to previous case success stories. What happened in the last case can’t be guaranteed in your case. So don’t fall for the money, settlement time or success stories.
Tips To Make A Successful Car Accident Claim
Car accident injury claims are major players in the ‘personal injury litigation’ market. They are straightforward as liability is admitted and vital information is exchanged at the scene. Information such as driver and insurance details, where the accident took place, when and how. If the police attend the scene, both parties will be given a producer, which states that the accident did occur. Further from there it will be logged on the national database for any inquires.
Now For The Secrets…
A ‘quality’ accident solicitor will explain the p...

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Dental And Medical Collection Legal Guidelines

Dental And Medical Collection Legal Guidelines

by: Steve Austin

Every medical and dental practice has to deal with patients who do not pay. If it doesn’t deal with such patients, the costs will simply be passed on to other patients – the practice may simply suffer or fold.
Yet the very real dental and medical collection laws issues mean you should think carefully before reminding your patients to pay up. In the end, you may very well be better off outsourcing your medical or dental accounts receivables to one of the new medical and dental collection agency/accounts payable processing centers.
According to the Fair Debt Collections Practices Act (FDCPA), your medical or dental billing notices fall under essentially the same regulations as a mega-bank’s car loan collections.
Real-World Medical and Dental Debt Collection Law Quandaries
Anne, a secretary at Westville Orthopedic Associates, calls up a patient who just turned 18, to remind him of an outstanding copayment. The patient’s mother answers the telephone. Should Anne:

Take the issue of the co-payment up with the patient’s mother?
Leave a message with the patient’s mother to remind the patient of the outstanding co-payment?
Leave a message for the patient to call the Westville Orthopedic Associates back?
Say she will call back later and quickly hang up?

All but one of the four options above will be a violation of federal debt collections law. Can you guess which one? The correct course of action is option number 3. Why are the others illegal? Look at each of the options above:

It is illegal to disclose a debt to a third party.
See number one

About The Author

Steve Austin
Free debt collection laws information at http://www.debt-collection-laws.com/
cas@collectionagencyservices.net

This article was posted on Augu...

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