How Does Medicaid Treat Income?
The basic Medicaid rule for nursing home residents is that they must pay all of their income, minus certain deductions, to the nursing home.
Estate Planning Is Essential for Unmarried Couples
While estate planning is important for married couples, it is arguably even more necessary for couples that live together without getting married.
How to Include Cryptocurrency in an Estate Plan
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.
How Secure Is Social Security?
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.
Amy Stratton Guest Article in PBN on M&A
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
Bank Pays Price for Refusing to Honor Request Made Under a Power of Attorney
Bank of America refused to honor a Florida man’s power of attorney and paid a stiff price, but the case also raises the issue of the proper use of joint bank accounts in estate planning.
Medicare Now Covers Outpatient Treatment for Opioid Addiction
Recognizing the huge problems caused by opioid addiction in the United States, Medicare is adding a new outpatient opioid treatment benefit, paying for methadone and related treatment in certain facilities under Part B.
Medicaid Protections for the Healthy Spouse
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.
If Your Estate Plan Includes IRAs, a New Law Means It Is Time to Reevaluate
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.
Caregivers Are Getting Younger, Making Planning for Long-Term Care Even More Important
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.