<p>While it remains unclear exactly what tax changes President Biden’s administration will usher in, two possibilities are that he will propose lowering the estate tax exemption and eliminating the stepped-up basis on death.</p>
<p>Any complete estate plan should include a medical directive, which can encompass a number of different documents. </p>
<p>All long-term care costs, particularly assisted living, rose sharply in 2020, according to Genworth’s latest annual Cost of Care Survey. The rises were due in part to increased costs brought on by the coronavirus pandemic. </p>
<p>Tucked into the federal spending bill that passed at the end of December 2020 are some changes aimed at simplifying Medicare enrollment and addressing coverage gaps. But Congress chose not to deal with the biggest problem.</p>
<p>Long-term care is the care you need if you can’t perform daily activities on your own for an extended period of time. There are a number of different ways that this kind of care can be provided. </p>
<p><span style="font-size:small">Medicaid planning can be a difficult and confusing process. Getting assistance from a qualified attorney will help you avoid these common mistakes.</span></p>
<p>The Trump Administration has finalized new regulations that threaten the independence of judges who decide Social Security disability cases. </p>
<p>ABLE accounts are proving to be less of a savings vehicle and more of a game-changer that allows beneficiaries of programs like SSI to pay for their own living expenses and achieve an unprecedented level of independence.</p>
<p>The Department of Transportation (DOT) has finalized regulations that end protections for people seeking to fly with emotional support animals on airlines; only service dogs will be officially allowed on flights.</p>
<p>A New York City couple has been charged with stealing more than $500,000 in monthly payments that a woman with disabilities was supposed to be receiving as part of a settlement.</p>