Don't Wait Until You're Sick to Create an Estate Plan
While financial planning has been at the top of many Americans’ minds, a vast majority of people have stalled in creating an estate plan.
Limited Power of Attorney in Estate Planning
Powers of attorney that only allow an agent to do certain things are commonly referred to as a limited power of attorney.
2023 AARP Report Recommends Supports for Family Caregivers
A new AARP analysis gives a glimpse into the experiences of family caregivers and offers recommendations on policies and practices that policymakers should enact in support of caregivers nationwide.
When Should I Include a Pour Over Will in My Estate Plan?
If you wish to maintain control during your lifetime over the assets you place in a trust, you may choose to establish a revocable, or "living" trust – most likely, along with a pour over will.
Medicare Will Now Cover Medically Necessary Dental Care
In November 2022, the Centers for Medicare and Medicaid Services announced that Medicare coverage will be expanded to include medically necessary dental services.
Protecting Spouses of Medicaid Applicants: 2023 Guidelines
The Centers for Medicare & Medicaid Services (CMS) has released the 2023 federal guidelines for how much money the spouses of institutionalized Medicaid recipients may keep, as well as related Medicaid figures.
Does Medicare Pay for Assisted Living?
Assisted living facilities support older adults with daily living while fostering their independence. Individuals who do not require round-the-clock nursing but need help with everyday activities like bathing, housekeeping, medications, and meal preparation can benefit from assisted living.
What Are the Benefits of Having a Testamentary Trust?
There are various benefits to creating a testamentary trust. This article discusses the benefits of adding a testamentary trust to your estate plan.
Step-Up in Basis and Why It Matters in Estate Planning
If you are considering engaging in estate planning or you may be inheriting assets, it is important to understand what the step-up in basis is and how it may affect you.
What Does the Term "Decedent" Mean?
"Decedent" is a legal term that refers to a person who has died with unsatisfied legal obligations.