Do All Powers of Attorney Grant the Same Decision-Making?
The law sometimes appears to contradict itself. Specifically, the words ‘anything and everything’ do not always legally mean ‘anything and everything’.
When are You Required to File a Gift Tax Return?
The IRS wants to know how much you’re gifting over the course of your lifetime. This is because while gifts may be based on generosity, they are also a strategy for avoiding taxes, including estate taxes, reports The Street in a recent article “Do I Need to File a Gift Tax Return?” Knowing whether you…
What Do I Need to Know About Long-Term Care Insurance?
Long-term care insurance covers expensive nursing care needs. However, is it a good investment? Here’s what experts say about what you should take into account.
Ten Tips for Aging Well in 2022.
As 2021 draws to a close, many of us are reflecting on the various ways our minds and bodies have changed over the course of the past year. No matter your phase of life, aging is something we all experience daily.However, that doesn’t mean we’re powerless in the process.
Any Ideas How to Pay for Long-Term Care?
The costs of long-term care for older adults can be significant. Federal Medicare health insurance benefits do not cover most of these costs. Most people who incur costs for long-term care cover them with a combination of personal savings, long-term care insurance and Medicaid, among other sources.
How Is Social Security COLA Calculated?
For the average recipient, the 2021 monthly increase doesn’t even cover a fill-up at the gas station — but it beats nothing.
Should You Claim Social Security Early?
Experts often recommend postponing claiming Social Security. However, there are situations in which you should claim sooner.
Celebrating 5 Years as a CELA
This month I celebrate the five year anniversary of earning the National Elder Law Foundation’s Certified Elder Law Attorney, or CELA, designation.
Questions About New FDA Approved Alzheimer’s Drug
The US FDA approved a new drug designed to treat Alzheimer’s Disease earlier this month despite little evidence of its effectiveness. The Los Angeles Times, in their article FDA Approves Much-Debated Alzheimer’s Drug Panned by Experts revealed that an advisory panel tasked with reviewing the drug’s performance in clinical trials recommended that the FDA hold […]
What Is the Main Purpose of an Irrevocable Trust?
Before you decide to put your home in an irrevocable trust, it is important to have a basic understanding of what you are doing and why.
