If medical personnel are able to access your medical history during an emergency, it could mean the difference between life and death. But if, for example, you are injured, in…
A federal court has ruled that hospitalized Medicare beneficiaries who were switched from inpatient to observation status can appeal the decision, making it easier for them to receive coverage for subsequent nursing home care.
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.
When loved ones pass away, there are lots of considerations, including what happens to their Social Security. The decedent’s payments need to be stopped, but survivor’s benefits may be available to the spouse or, in certain cases, children.
How to Handle Conflicts in Family-Owned Businesses. Conflicts are inevitable within businesses and families. Personal rivalries, differences of opinion, competition for resources, and questions of prestige can set individuals at…
What Is a Fiduciary and What Are Its Obligations? When you need someone else to care for money or property on your behalf, that person (or organization) is called a…
Make Sure Your Estate Plan and Other Essential Documents Are Safe from Disasters. It’s an unfortunate reality that with the increasing number of natural disasters across the country, including fires, floods,…
A new survey has found that motivated in part by the coronavirus pandemic, younger adults are now more likely to have a will than middle-aged adults. Nevertheless, the overall percentage…
The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other products purchased to prevent the spread of the coronavirus. If…
Parents and other family members who want to pass on assets during their lifetimes may be tempted to gift the assets. Although setting up an irrevocable trust lacks the simplicity…
