Since the U.S. Supreme Court ruled this past summer that the Patient Protection and Affordable Care Act (PPACA) could not require states to expand Medicaid, there have been dozens of stories about which states will or will not choose to accept the PPACA’s Medicaid expansion. But, according to the results of a survey by the Kaiser Commission on Medicaid and the Uninsured, along with the Georgetown University Center for Children and Families, regardless of which way a state is leaning over … [Read more...] about States Modernizing Medicaid
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More Governors Open to Medicaid Expansion
When the Supreme Court overturned the portion of the Patient Protection and Affordable Care Act that required states to expand Medicaid or risk losing federal dollars, it paved the way for states to choose whether they wanted to expand the program or not. At the time, many Republican state governors expressed their opposition to the expansion, while Democratic governors generally supported it. Now, in the wake of last year’s presidential election, more state governors have now begun voicing … [Read more...] about More Governors Open to Medicaid Expansion
Your Living Trust: The Basics
If you are new to the estate planning process you probably don’t know a lot about trusts, or living trusts in particular. While your estate planning lawyer will be able to walk you through the trust creation process and explain to you in detail how different trusts benefit you, you can do a lot to educate yourself about the basics of how living trusts work and why you might want one. Creating Your Own Fictional Entity A living trust really only exists on paper. But unlike a novel or other … [Read more...] about Your Living Trust: The Basics
For Charitable Giving, the Family Foundation Offers Significant Benefits
If you are developing an estate plan and want to make charitable giving a centerpiece of your efforts, you might want to consider creating a family foundation. While most people associate family foundations with wealthy people such as Bill Gates or John D. Rockefeller, people of more moderate means can still take advantage of these tools if they wish to make charitable donations an important element in their estate plans. Numerous Options There is no single blueprint to creating a family … [Read more...] about For Charitable Giving, the Family Foundation Offers Significant Benefits
Understanding Irrevocable Living Trusts
The differences between an irrevocable living trust and a revocable living trust can have significant consequences for you and your estate plan, if you do not understand those differences. If you are contemplating the creation of an irrevocable living trust, you really should take the time to be sure that you are aware of the differences between the two. The following information should help to provide a greater understanding of the irrevocable living trust. The purposes for which irrevocable … [Read more...] about Understanding Irrevocable Living Trusts
