A Health Care Power of Attorney appoints someone to make decisions for you if you’re not able to do so for yourself. An Advance Directive expresses your wishes regarding end-of-life decisions. During the COVID-19 pandemic, it’s important to have them up-to-date. Read on to learn more. … [Read more...] about Staying Current is Especially Important in the Pandemic
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Be Aware of Elder Financial Abuse Threats
As elder law attorneys, we keep a finger on the pulse of legal and financial matters that are impacting senior citizens at any given time. Some of them are simply inevitable eventualities of aging that are not necessarily anyone's fault, but there is one looming threat that is truly heinous. The very thought of elder financial abuse can make your blood boil. You have to wonder how someone could stoop this low, but unfortunately, it is a big problem in the United States today. Very … [Read more...] about Be Aware of Elder Financial Abuse Threats
Are You Eligible for the VA Aid & Attendance Pension?
The landscape surrounding long-term care in the United States is disconcerting to say the least. According to the United States Department of Health and Human Services, seven out of 10 seniors will need help with their day-to-day needs at some point in time. This is just a fact of life that no one can control, but the cost factor presents a significant challenge. Almost all senior citizens rely on Medicare for health insurance, and they pay taxes throughout their lives to gain eligibility. For … [Read more...] about Are You Eligible for the VA Aid & Attendance Pension?
Planning Is Important
Planning is important. End-of-year tax planning is one part of that planning. This year you should also consider whether you’ve had any payroll tax withholdings deferred. If your employer deferred those withholdings, you’ll have more money withheld next year than usual. That means you’ll have less money for other things, like IRA contributions. Read on to learn more. … [Read more...] about Planning Is Important
Put a Personal Stamp on Your Legacy
Some people view estate planning in a rather cold and clinical manner. They know they have to leave instructions with regard to the way they want their monetary assets to be transferred when the time comes. These folks do not look beyond the impersonal slicing of a pie into different sizes. There is another way to approach the process that is commonly described as legacy planning. When you embrace this concept, you shape the way that you will be remembered in certain ways. Passing Along … [Read more...] about Put a Personal Stamp on Your Legacy
