Be careful if different people handle your finances and health care
Apr 15, 2016
It’s not uncommon for seniors to name one person in their power of attorney document to handle their finances if they become incapacitated, and to name someone else to make decisions for them in their...
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If you pay relatives to provide care, you might want to have a contract (Part 2)
Dec 26, 2015
In our first legal guide, we outlined the benefits of establishing a personal care contract. Nevertheless, personal care contracts are not only helpful with Medicaid, but they can also smooth over iss...
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If you pay relatives to provide care, you might want to have a contract (Part 1)
Dec 26, 2015
A growing number of seniors are providing a salary or other form of reimbursement to their family members who provide them with personal care. If you’re thinking of doing so, it can be a very good ide...
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Attaching Strings to an Inheritance: The Dead Hand
Dec 26, 2015
There is no free lunch and for some beneficiaries, there is no free inheritance because a will or trust states that in order to get money or property the beneficiary must do or not do certain things....
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What you need to know about estate sales
Aug 20, 2015
Often because of the death of a loved one, or because a senior is downsizing and moving – we need to get rid of some or all of them. An estate sale is one way to dispose of possessions that you no lon...
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Congress limits insurance for Medicare deductibles
Aug 20, 2015
Medicare beneficiaries often buy “Medigap” insurance policies that pay for many of regular Medicare’s deductibles and copayments. As a result of a new law passed by Congress Starting in 2020 Medigap p...
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Patients may get more access to experimental drugs
Jul 25, 2015
Before it approves a medicine for human use, the federal Food and Drug Administration requires rigorous
clinical trials to ensure that it is safe and effective. These clinical trials can take many ye...
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How to avoid common trust mistakes
Jul 10, 2015
Trusts can be the linchpin of a solid estate plan. But it’s important to remember that you can’t just set up a
trust and forget about it. It’s a good idea to periodically review how your trusts are w...
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Families with disabled children get new tax-saving accounts
Jul 01, 2015
Congress recently approved a new kind of tax-saving account for the benefit of families with disabled
children. It’s called an Achieving a Better Life Experience, or ABLE, account. An ABLE account is...
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New laws may clarify estate planning for online assets
Jul 01, 2015
Including online assets in estate planning is a new thing, and the legal rules aren’t always entirely clear.
But a number of states are now considering laws that will make things easier. Delaware re...
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