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4 10, 2021

Medicaid’s Attempt to Ensure the Healthy Spouse Has Enough Income: The MMMNA

By |2021-10-04T13:35:55-05:00October 4th, 2021|Asset Protection, Estate Planning, Family Planning, Guardianship, Long-Term Care, Medicaid Planning, Planning for Minor Children, Retirement Accounts, Special Needs, Taxes, Trust Administration, Wills & Probatesssss|

When most of a couple's income is in the name of the spouse who is receiving Medicaid, the spouse remaining in the community may wonder what he or she will live on. Medicaid has created some protections for the community spouse.

2 12, 2020

Special Tax Deduction for 2020 Allows Donations of $300 to Charity Without Itemizing

By |2020-12-02T12:00:38-05:00December 2nd, 2020|Estate Planning, Financial, Long-Term Care, Medicaid Planning|

Congress has enacted a special provision for 2020 that allows more people to deduct up to $300 in donations to qualifying charities this year.

16 10, 2020

How to Fix a Required Minimum Distribution Mistake

By |2020-10-16T20:32:38-05:00October 16th, 2020|Estate Planning, Financial, Medicaid Planning, Retirement Accounts, Trust Administration|

The rules around required minimum distributions from retirement accounts are confusing, and it can be easy to slip up.

14 08, 2020

How Will the Coronavirus Pandemic Affect Social Security?

By |2020-08-14T17:13:36-05:00August 14th, 2020|Estate Planning, Trust Administration, Wills & Probatesssss|

The COVID-19 pandemic is having a profound effect on the current U.S. economy, and it may have a detrimental effect on Social Security’s long-term financial situation.

31 07, 2020

8 Tips for Talking About Estate Planning with Elderly Loved Ones

By |2020-07-31T19:46:29-05:00July 31st, 2020|Estate Planning, Trust Administration, Wills & Probatesssss|

Talking to loved ones about estate planning and their eventual passing can be a difficult topic, but it is essential that every family has the conversation.

20 07, 2020

Will Medicare Cover a Coronavirus Vaccine?

By |2020-07-20T16:43:53-05:00July 20th, 2020|Estate Planning, Family Planning, Guardianship, Long-Term Care, Medicaid Planning|

The only way our country can return to any form of normalcy is with an effective vaccine for the coronavirus. But would Medicare cover the cost?

10 07, 2020

Military ‘Widow’s Tax’ Is Finally Being Phased Out

By |2020-07-10T16:52:17-05:00July 10th, 2020|Asset Protection, Estate Planning, Family Planning, Financial|

A controversial policy that reduces the benefits of military spouses, referred to as the "widow's tax," is being phased out.

19 06, 2020

When Buying a Medigap Policy, It Really Pays to Shop Around

By |2020-06-19T19:53:39-05:00June 19th, 2020|Asset Protection, Estate Planning, Financial, Long-Term Care, Medicaid Planning|

Medigap policies that supplement Medicare’s basic coverage can cost different amounts, depending on the company selling it, according to a new study.