What Does UK Study Say about Dementia Patients Seeing the Same Doctor?
Study finds patients who consistently see same GP have fewer health complications and emergency hospital visits.
What was Stephen Sondheim’s Estate Plan?
Broadway legend Stephen Sondheim left behind an estate estimated to be worth as much as $75 million to his husband, charities and a dozen other friends, court papers show.
What’s the Latest on Controversial New Alzheimer’s Drug Aduhelm?
Medicare officials have decided that the federal health insurance program should only cover the controversial new Alzheimer’s drug Aduhelm for patients who are participating in approved clinical trials. The preliminary decision, reached after lengthy deliberations, was released on Tuesday by the Center for Medicare and Medicaid Services, or C.M.S. If it is finalized later this year, it would significantly limit the number of patients who could use the expensive drug.
Update on Transfer Taxes for 2022
Despite the various proposals to lower federal transfer tax (estate, gift and GST taxes) exemptions and increase the tax rates, none of them were enacted in 2021.
Is Prince’s Estate Settled Yet?
The administrators of the late musician’s estate recently settled a complicated dispute with the Internal Revenue Service over the value of Prince’s assets. The precise value was undisclosed, however, although it could exceed $100 million.
Can I Get More Money with the Build Better Act?
The Senior Citizen League wrote to Congress, requesting that Social Security recipients receive a stimulus check as part of the economic stimulus package.
What are Trends in Senior Health Care?
The pandemic was a catalyst for digital health adoption, including in the senior care space. Older adults used video calls to connect with families during lockdowns, and telehealth allowed seniors to meet with their doctors from home. Today’s seniors are more tech savvy than in the past, and this is likely to impact the way they interact with healthcare going forward.
James Brown Estate Battle Resolved … Almost, but Not Quite
For more than a decade, Brown’s heirs and estate administrators, including Mr. Bauknight and Adele Pope, a former executor, have battled in court over the value of his estate.
Estate Planning when So Much Is Uncertain
Taxpayers should, of course, carefully consider whether to engage in a lifetime gifting strategy, which has other considerations beyond just estate taxes (such as the tradeoff with the ‘step‑up’ in basis, and non-tax family related considerations).
Is Estate Tax Exemption Going to Change?
The new numbers mean that wealthy taxpayers can transfer more to their heirs tax free during life—or at death. A lot more.
