<p>The growing popularity of cryptocurrency means it is increasingly something that must be considered when planning an estate. If you own cryptocurrency, providing instructions in your will is a must. </p>
<p>While estate planning is important for married couples, it is arguably even more necessary for couples that live together without getting married. </p>
<p>Having power of attorney over a family member is a big responsibility and sometimes it makes sense to share the responsibility. <span style="font-size:small">But when two people are named co-agents under a power of attorney, conflicts can arise.</span></p>
<p>Although your life insurance policy may pass to your heirs income tax-free, it can affect your estate's tax liability. </p>
<p>The Trump administration will allow states the option to cap Medicaid spending using block grants. While this change does not directly affect nursing home residents on Medicaid, it could result in significant service cuts to other beneficiaries. </p>
<p>The basic Medicaid rule for nursing home residents is that they must pay all of their income, minus certain deductions, to the nursing home.</p>
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