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Moonan | Stratton
A Boutique Law Firm Located on the East Side of Providence
Moonan | StrattonMoonan | Stratton
  • About
  • Professionals
    • Kristen Prull Moonan
    • Amy E. Stratton
    • Sherry Hassel
    • Kimberly Aguiar
    • Alexia King
  • Practice Areas
    • Business Law and Succession Planning
    • Estate Planning
    • Probate and Estate/Trust Administration
    • Elder Law and Medicaid Planning
    • Special Needs Planning
    • Commercial and Residential Real Estate
  • Careers
  • Testimonials
  • News/Blog
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Search:
  • About
  • Professionals
    • Kristen Prull Moonan
    • Amy E. Stratton
    • Sherry Hassel
    • Kimberly Aguiar
    • Alexia King
  • Practice Areas
    • Business Law and Succession Planning
    • Estate Planning
    • Probate and Estate/Trust Administration
    • Elder Law and Medicaid Planning
    • Special Needs Planning
    • Commercial and Residential Real Estate
  • Careers
  • Testimonials
  • News/Blog
  • Community
  • Contact

Category Archives: News

When to Avoid Naming a Trust as Beneficiary of Your Retirement Plan

NewsBy Moonan | StrattonApril 14, 2022

Naming a trust as a beneficiary of your retirement plan can be a good idea in some circumstances, but it can be dangerous if you are worried about creditors coming after your estate. 

Biden Proposes Major Nursing Home Reforms, Most Extensive “In Decades”

NewsBy Moonan | StrattonApril 14, 2022

The Biden administration has announced far-reaching nursing home reforms. Advocates are calling the proposals, which include the first-ever federal minimum staffing levels, the most significant reforms in decades. 

Medicaid’s “Snapshot” Date and Its Crucial Impact on a Couple’s Financial Picture

NewsBy Moonan | StrattonApril 14, 2022

When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a particular date to determine eligibility. This “snapshot” date can have a major impact on a couple’s financial future. 

What Documents Are Required for a Medicaid Application?

NewsBy Moonan | StrattonMarch 11, 2022

Medicaid applicants must prove that they have limited income and assets in order to be eligible for long-term care benefits. Before beginning the application process, it is helpful to understand what is required prove your eligibility. 

Things to Remember at Tax Time

NewsBy Moonan | StrattonMarch 11, 2022

Tax day is fast approaching and you want to make sure you’re taking advantage of all the deductions and credits you’re entitled to.

Worsening Nursing Home Staffing Crisis Taking Devastating Toll on Residents-Families-Hospitals

NewsBy Moonan | StrattonFebruary 18, 2022

Overwhelmed by the stress of long hours, low pay and exposure to the COVID-19 virus, nursing home workers are quitting in record numbers. The labor hemorrhage has turned what was already a chronic staffing problem into a full-blown crisis.

What Happens to a Medicaid Recipient If the Community Spouse Dies First?

NewsBy Moonan | StrattonFebruary 18, 2022

When one spouse is in a nursing home and applying for Medicaid, planning has to take into account the possibility that the spouse who is not in the nursing home (called the “community spouse”) may pass away first.

How Much Should a Trustee Be Compensated?

NewsBy Moonan | StrattonFebruary 18, 2022

Serving as a trustee of a trust can be a huge responsibility, so trustees are entitled to compensation for their work. The amount of compensation depends on the type of trustee and the complexity of the trust. 

How to Give Gifts to Your Grandchildren

NewsBy Moonan | StrattonFebruary 18, 2022

Gifting assets to your grandchildren can do more than help your descendants get a good start in life — it can also reduce the size of your estate and the tax that will be due upon your death.

You Can Just Say No: Declining to Act as an Agent Under a Power of Attorney

NewsBy Moonan | StrattonFebruary 18, 2022

Acting as an agent under a power of attorney is a big responsibility and it isn’t something everyone can take on. It is possible to resign or refuse the position.

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