For years people have been worried about Social Security’s future, but what is the actual outlook? According to the federal government, unless Congress acts to intervene, Social Security shortfalls are expected beginning in 2035.
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The growing popularity of cryptocurrency means it is increasingly something that must be considered when planning an estate. If you own cryptocurrency, providing instructions in your will is a must.
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While estate planning is important for married couples, it is arguably even more necessary for couples that live together without getting married.
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The basic Medicaid rule for nursing home residents is that they must pay all of their income, minus certain deductions, to the nursing home.
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Amy Stratton recently authored a guest article which was featured in Providence Business News in February on how small companies innovate, scale and grow via mergers and acquisitions, just like their larger business counterparts. See the full article here in PBN: https://pbn.com/mergers-and-acquisitions-for-mom-and-pop/?bypass=5e3c50b22a225
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Before you commit to adding a trust to your estate plan, make sure you understand the differences between revocable (also called “living”) and irrevocable trusts because each offers advantages and disadvantages, depending on their purpose.
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No parents want their children to fight among themselves after they are gone. Sadly, conflicts often arise, especially when a parent has gifted or loaned money to one child and not others.
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As baby boomers age, more and more millennials are becoming caregivers. Many are taking on this role while just getting started in their own lives, leading to difficult decisions about priorities. Proper planning can help them navigate this terrain.
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Both workers and retirees may need to rethink some of their estate planning in light of a new law that has made major changes to retirement plans, including inherited plans.
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Medicaid law provides special protections for the spouses of Medicaid applicants to make sure the spouses have the minimum support needed to continue to live in the community.
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