Can Special Needs Trusts Reimburse Family Members for Travel Expenses?
Families of people with special needs often face unusually high travel expenses. Family members may be able to be reimbursed for these expenses from a special needs trust, [...]
Medicare Launches Hospice Compare Website
Patients looking for hospice care can now get help from Medicare’s website. The agency’s new Hospice Compare site allows patients to evaluate hospice providers according to [...]
You Can Give Away More Tax Free in 2018
After staying the same for five years, the amount you can give away to any one individual in a particular year without reporting the gift will increase in 2018. Very few taxpayers [...]
Medicare's Part B Premium Will Be Unchanged in 2018, But Many Will Pay More. Got That?
The announcement of the 2018 Medicare premium is good news for some beneficiaries and bad news for many others.
Three Reasons Why Giving Your House to Your Children Isn't the Best Way to Protect It From Medicaid
You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the [...]
House Tax Plan Could Deal Blow to Families with High Medical Expenses
The tax plan put forward by the Republican-led House of Representatives would eliminate the medical expense deduction, potentially dealing a financial blow to those paying for costly care.
GOP Tax Plan Could Deal Blow to Seniors Paying for Long-Term Care
The tax plan put forward by the Republican-led House of Representatives would eliminate many current deductions, and getting rid of one of them in particular could deal a serious financial [...]
What To Do When a Loved One Passes Away
Whether your spouse has just passed away or you have lost your mom or dad, the emotional trauma of losing a loved one often comes with a bewildering array of financial and legal issues [...]
Social Security Beneficiaries Will Receive a 2 Percent Increase in 2018
In 2018, Social Security recipients will get their largest cost of living increase in benefits since 2012, but the additional income will likely be largely eaten up by higher Medicare Part B [...]
Family Caregiving – You Mean I Need A Contract For That?
This month is National Family Caregivers Month and what better time to recognize all of those who give so much of their time to help family members who are no longer able to care for themselves [...]