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4 11, 2021

COVID Vaccination Information Added to Medicare’s Nursing Home Compare Site

By |2021-11-17T07:02:21-05:00November 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|

Individuals who are researching nursing homes can now see staff and resident vaccination rates along with other quality and safety measure information at Medicare’s Nursing Home Compare website.  

4 10, 2021

It’s Medicare Open Enrollment Time: Is Your Plan Still Working for You?

By |2021-10-04T13:35:57-05:00October 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|

Every year during Medicare's Open Enrollment Period, which runs from October 15 to December 7, Medicare gives beneficiaries a window of opportunity to shop around and determine if their current Medicare plan is still the best one for them. 

4 10, 2021

Online Survey Helps Older Adults Assess Their Financial Vulnerability

By |2021-10-04T13:35:57-05:00October 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|

All older Americans are vulnerable to financial abuse, but there are circumstances that make someone more likely to be scammed. An online survey can help older adults assess their risk of being exploited based on how they make financial decisions. 

4 10, 2021

Social Security Shortfalls Are Predicted to Begin a Year Earlier Due to the Pandemic

By |2021-10-04T13:35:57-05:00October 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|

The Social Security trustees are projecting that the Social Security trust fund will be depleted in 2033 -- one year earlier than the previous estimates. Once the fund is depleted, Social Security benefits will be reduced unless Congress takes action. 

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.