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10
02, 2023
An elderly man stands alone indoors, representing the isolation and challenges faced by nursing home residents during severe COVID-19 outbreaks.

Study Names Factors in Severest Nursing Home COVID Outbreaks

February 10, 2023
Early on in the pandemic, nursing homes across the country found themselves at its devastating bull’s eye, with residents and staff of these facilities making up roughly 30 percent of all COVID-19 deaths in the U.S. between May 2020 and February 2021.…
10
02, 2023
Exterior view of a modern apartment building, representing investment property opportunities and strategic estate planning through a 1031 exchange to defer capital gains taxes.

Utilizing a 1031 Exchange to Avoid Capital Gains Taxes

February 10, 2023
If you are planning to leave an investment property to loved ones, a 1031 exchange may be a helpful estate planning tool for you. Because these exchanges allow you to defer taxes or limit taxes owed at the time of…
08
02, 2023
Mature couple sitting at their kitchen table, reviewing and signing estate planning and elder law documents, benefiting from new provisions in the omnibus bill for older Americans.

Highlights of How the Omnibus Bill Will Benefit Older Adults

February 8, 2023
The Senate and House have cleared the passage of a year-end $1.7 trillion appropriations bill that will benefit older adults on a number of fronts. The bill, which runs more than 4,000 pages and includes a wide variety of legislation,…
03
02, 2023
An African American man reviews and signs a will document, illustrating the critical process of estate planning and the importance of knowing what to exclude for streamlined probate.

What Not to Include in Your Will

February 3, 2023
If you are considering preparing a will, this is a great first step in planning for the future. After reflecting on the basics, such as whom you want to be in charge of administering your wishes, you may wonder if…
01
02, 2023
Last will and testament document with a pen, symbolizing estate planning and the establishment of a testamentary trust for wealth management.

What Are the Benefits of Having a Testamentary Trust?

February 1, 2023
There are various benefits to creating a testamentary trust. This article discusses the benefits of adding a testamentary trust to your estate plan. What Is a Testamentary Trust? A testamentary trust allows a testator to manage wealth by giving a trustee…
30
01, 2023
Elderly patient receiving dental care, representing Medicare's new coverage of medically necessary dental treatments for seniors.

Medicare Will Now Cover Medically Necessary Dental Care

January 30, 2023
In November 2022, the Centers for Medicare and Medicaid Services (CMS) announced that Medicare coverage will be expanded to include medically necessary dental services. This change in Medicare rules will allow people with life-threatening conditions to receive dental care and…
23
01, 2023
Close-up view of an elderly couple holding hands, symbolizing support and unity, relevant to Medicaid and estate planning for protecting spouses.

Protecting Spouses of Medicaid Applicants: 2023 Guidelines

January 23, 2023
The Centers for Medicare & Medicaid Services (CMS) has released the 2023 federal guidelines for how much money the spouses of institutionalized Medicaid recipients may keep, as well as related Medicaid figures. What Are Spousal Impoverishment Rules? Spousal impoverishment is a concern…
20
01, 2023
A scale with bags of money on one side and figures representing family members inside a house on the other, illustrating the balance between asset protection and family considerations in estate planning and elder law.

Pros and Cons of a Medicaid Asset Protection Trust

January 20, 2023
A Medicaid Asset Protection Trust (MAPT) is one option a person may consider to protect their assets from Medicaid and nursing homes or long-term care. A MAPT is an irrevocable trust created during your lifetime. The primary goal of a…
16
01, 2023
Seniors discussing Medicare enrollment options with a healthcare advisor, illustrating the changes to initial Medicare enrollment rules that enhance access to coverage for first-time enrollees, relevant to estate planning and elder law.

New Rule Aids Seniors Who Are First-Time Medicare Enrollees

January 16, 2023
A new rule going into effect January 1, 2023, is setting seniors up with improved access to health care coverage. Your Medicare Initial Enrollment Period (IEP) begins as you approach your 65th birthday. For the three months leading up to…
13
01, 2023
Two elderly individuals in coats and holding umbrellas standing apart outdoors, representing the uncertainty of Medicaid coverage for seniors after pandemic-related expansions end.

Will You Lose Your Medicaid Coverage When the Pandemic Ends?

January 13, 2023
When the COVID-19 pandemic began, the government declared a public health emergency and gave the states the ability to provide more citizens with health insurance through Medicaid. As a result, 25 percent more Americans now have access to health care, including…

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