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Weinberger v. Wiesenfeld, 420 U.S. 636 (1975), was a decision by the United States Supreme Court, which unanimously held that the gender-based distinction under 42 U.S.C. § 402(g) of the Social Security Act of 1935—which permitted widows but not widowers to collect special benefits while caring for minor children—violated the right to equal protection secured by the Due Process Clause of ...
A bypass trust is a long-term planning device. It is typically created as part of an A/B Living trust estate plan after the death of the first spouse to die. During life, a married couple transfers ownership of property into a trust.
For example, a bypass trust is designed to meet the cash-flow needs of a surviving spouse, but it will transfer to the surviving spouse's beneficiaries, which are named in the trust, after his or ...
“But make sure you run the numbers because it may benefit you to file for the survivor benefit at age 60, and wait on your own [Social Security benefits] until age 70 or you may be better off ...
If you're the widow, widower or dependent of an eligible worker, here's what you need to know to maximize your Social Security survivors benefits. If you're the widow, widower or dependent of an ...
An AB trust is a legal arrangement for married couples that can minimize estate taxes by splitting assets between two separate trusts when one spouse dies. While a federal provision that went into ...
One very important factor in this regard is the Social Security survivors benefits, essentially a transfer of the deceased’s retirement payout, which a widow or widower can receive once they ...
Social Security is a trust fund that is paid by those who work and funded for those who are currently retiring, not a retirement account or investment account that one owns and can therefore be ...