The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2017 income as a result of buying long-term care insurance.
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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 Less than half of people actually have any estate planning documents in place and many of those people may have outdated documents. <…
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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.
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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.
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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.…
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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.
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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.
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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…
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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 deal…
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ELDER LAW – Advocating for a Loved One in a Skilled Nursing Facility
When your loved one is admitted into a skilled nursing facility, your job as a caregiver is not over. Sure, there is staff comprised of diverse professional backgrounds in…
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