<p>Giving your house to your children can have tax consequences, but there are ways to accomplish it tax-free. The best method to use will depend on your individual circumstances and needs.</p>
<p><span>After holding steady at $104.90 a month for four years, the standard Medicare Part B premium that most recipients pay will rise 4 percent to $109 a month. </span></p>
<p>One of President-elect’s Donald Trump's campaign promises was to repeal the Affordable Care Act, aka Obamacare, which would have implications for everyone covered by the insurance, but it could also adversely affect Medicare beneficiaries.</p>
<p>While you are eligible to apply for Medicare when you are 65, there are circumstances where you might not want to, particularly if you are working full time for a larger employer or contributing to a health savings account.</p>
<p>More and more states are switching to a managed care model when dealing with Medicaid long-term care patients, a change that has resulted in a loss of services in some cases.</p>
<p>The beginning of a new year is a good time to take a look at your estate plan to make sure it is up to date. Less than half of people actually have any estate planning documents in place and many of those people may have outdated documents. </p>
Elder Care Collaboration: Medical and Legal (Part 1 of 3) Many older adults utilize the expertise of attorneys and physicians in the complex pursuit of the best possible health and wellbeing. At Weatherby & Associates, PC we pride ourselves on interdisciplinary collaboration to help our clients live well. We should always acknowledge the areas of […]
Special Needs Trust – What is it?You may have heard the term “Special Needs Trust” before. But do you know what it means? What makes a Special Needs Trust different than other types of trusts? In what sort of situation is it appropriate to have a Special Needs Trust?A Special Needs Trust is intended to […]
Living Will – Having a one is Crucial Have you ever given thought to who benefits from good estate planning? There are many good answers. Estate planning can benefit your spouse and it can benefit your descendants who stand to inherit your assets after your die. And in another sense it can benefit whoever is […]
Lawyers can be expensive. But the value of good legal advice is not always appreciated. In the area of business transactions legal costs should seem far less “costly” when weighed against the potential negative costs when business deals fall apart. The 2016 Mississippi Supreme Court case of Kilpatrick v. White Hall on MS River, LLC is an example […]