As Medicare premiums rise, a Medicare Advantage plan can seem like an attractive option. But if you are considering switching from Original Medicare to a Medicare Advantage plan, you need to know what to look for.
With the coronavirus pandemic disrupting life across the United States, the only way for the country to return to normal is an effective vaccine. When a vaccine is available, Medicare will cover the cost.
A controversial policy that reduces the benefits of military spouses is on the way out. The so-called “widow’s tax” cuts assistance to surviving military spouses who qualify for benefits under two different military benefit programs.
Medicare beneficiaries who qualified for skilled nursing facility (SNF) coverage may be eligible for an additional 100 days of coverage. Whether beneficiaries can actually get the extended coverage is another question.
Medicare’s Open Enrollment Period, during which you can freely enroll in or switch plans, runs from October 15 to December 7. Now is the time to start shopping around to see whether your current choices are still the best ones for you.
Many people think that estate plans are for someone else, not them. They may rationalize that they are too young or don’t have enough money to reap the tax benefits of a plan. But as the following list makes clear, estate planning is for everyone, regardless of age or net worth. Loss of capacity. What … Read more
Did you know that there is an “automatic” homestead of $125,000.00 on your principal residence? Would you take advantage of an inexpensive way to protect the equity or cash value of your home (primary residence) from creditors seeking an attachment, seizure, execution on a judgment, levy and/or sale for unsecured debts totaling as much as … Read more
Many of my clients are reaching out to me to say how they are more confident than ever in the estate planning we did together. There is a more heightened sense of “do I have my affairs in order, is there anything else I should be doing in case I get sick or worse”. Having … Read more
An individual recently came into my office believing everything regarding her estate planning needs was “all set” but wanted me to assure her that she was indeed all set. She was under the false impression that because she had a Last Will & Testament (Will) there would be no need for probate or to open … Read more
The Social Security Administration has announced a 1.3 percent rise in benefits in 2021, an increase even smaller than last year’s.