Using a Donor-Advised Fund May Be a Way to Get a Charitable Tax Break Under the New Tax Law
Donor-advised funds are a growing trend in giving that may get more popular due to the new tax law.
A Tax Break to Help Working Caregivers Pay for Day Care
Paying for day care is one of the biggest expenses faced by working adults with young children, a dependent parent, or a child with a disability, but there is a tax credit available to help working caregivers defray the costs of day care.
So, You’ve Been Appointed Trustee of a Trust? Here Are 9 Do’s and 1 Don’t
Whether it’s an honor or a burden (or both), you have been appointed trustee of a trust. What responsibilities have been thrust upon you? How can you successfully carry them out?
If You Haven’t Been Regularly Reviewing Your Estate Plan, Start When You Hit 60
If you are over age 60 and you haven’t changed your estate plan in many decades, it’s almost certain that you need to update your documents and start reviewing them every five years.
How to Make Your Funeral Wishes Known
How can you make sure your funeral and burial wishes will be carried out after you die? It is important to let your family know your desires and to put them in writing. Just don’t do it in your will.
MSW Again Part of Leading Ladies
We are pleased to again be included in the special Leading Ladies section of Providence Monthly/East Side Monthly, highlighting over 75 “inspiring, passionate, determined leaders who are making a difference in their communities across Rhode Island.”
What a Good Long-Term Care Insurance Policy Should Include
As long-term care costs continue to rise, long-term care insurance can help cover expenses, but long-term care insurance contracts are notoriously confusing. How do you figure out what is right for you?
Protecting Your House After You Move Into a Nursing Home
While you generally do not have to sell your home in order to qualify for Medicaid coverage of nursing home care, it is possible the state can file a claim against your house after you die, so you may want to take steps to protect your house.
Getting Paid as a Family Caregiver Through Medicaid
Caring for an ailing family member is difficult work, but it doesn’t necessarily have to be unpaid work. There are programs available that allow Medicaid recipients to hire family members as caregivers.
How Parents Can Provide for a Caregiver Child
Taking care of a parent can be a full-time job. Parents who want to compensate a child who takes on the burden of caregiving may do so in one of several ways.