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Resources

A senior discussing retirement planning with a financial advisor, focusing on the role of IRAs in Medicaid eligibility and estate planning as part of elder law strategies.
Blog post

Can an IRA Affect Medicaid Eligibility?

May 7, 2021
For many Medicaid applicants, individual retirement accounts (IRAs) are one of their biggest assets. If you do not plan properly,…
A picturesque vacation home surrounded by lush greenery, symbolizing the potential for family unity or discord when siblings inherit property and face decisions on co-ownership and selling.
Blog post

The Vacation Home: Uniting the Family or Tearing It Apart?

May 3, 2021
Inheriting a vacation home with your siblings can be a great thing or it can cause huge problems within the…
Hospital bed in a clinical setting illustrating options for at-home patient care in the context of estate planning and elder law.
Blog post

Finding the Right Hospital Bed Rental

April 26, 2021
If you are caring for a loved one at home, you may need to rent a hospital bed. Here are…
A close-up image of a person wearing a face mask, representing the IRS announcement that face masks and other COVID-19 protective purchases are eligible for tax deductions under medical expenses.
Blog post

IRS Announces That Face Masks and Related Purchases Are Tax Deductible

April 19, 2021
The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other…
A close-up image of a person signing an estate planning document, emphasizing the importance of legal arrangements in irrevocable life insurance trusts to minimize estate taxes and protect heirs.
Blog post

How an Irrevocable Life Insurance Trust Can Be Used to Avoid the Estate Tax

April 12, 2021
With the federal estate tax exemption possibly about to be lowered, it may be time to think about steps you…
A senior woman and a financial advisor reviewing documents to plan the spend-down of Medicaid recipients' stimulus checks.
Blog post

Medicaid Recipients Have a Little More Time to Spend Down Their Stimulus Money

April 9, 2021
The one-year deadline for nursing home residents on Medicaid to spend down their first round of stimulus checks is here,…
A person reviewing trust documents, symbolizing the necessity for frequent review of estate plans to align with changes in law and personal intentions, relevant to estate planning and elder law topics.
Blog post

9 (Potential) Problems with Your Trust

April 5, 2021
All trusts should be reviewed every few years to make sure that they are up-to-date with the law and meet…
Conceptual image illustrating increased taxes and changes to estate planning, highlighting proposed legislative shifts in estate taxation and inheritance rules.
Blog post

Senators Propose Sweeping Changes to the Taxation of Estates and Inherited Gains

April 2, 2021
New legislation introduced in the Senate would require more estates to pay estate tax and that raises the amounts they…
Image illustrating the concept of an irrevocable trust in estate planning, highlighting the advantages over directly gifting assets.
Blog post

Why an Irrevocable Trust May Be Superior to Gifting

March 29, 2021
Parents and other family members who want to pass on assets during their lifetimes may be tempted to gift the…
A stack of cash wrapped in a golden ribbon, symbolizing the importance of understanding gift tax implications in estate planning.
Blog post

Will You Owe a Gift Tax This Year?

March 26, 2021
The rules surrounding taxes on gifts often create confusion during tax season or any other time. Below are some of…
Graphical representation of the key provisions of the $1.9 trillion American Rescue Plan Act, highlighting benefits for seniors, including relief checks and financial support measures.
Blog post

How the $1.9 Trillion COVID-19 Relief Bill Aids Seniors

March 22, 2021
The latest COVID-19 relief bill, in addition to authorizing stimulus checks, funding vaccine distribution, and extending unemployment benefits, also provides…
Family members visiting an elderly resident in a nursing home, reflecting eased restrictions as per new CMS guidance on visitation policies.
Blog post

New Guidance Eases Recommended Restrictions on Nursing Home Visits

March 19, 2021
The Centers for Medicare and Medicaid Services (CMS) has issued new guidance on whether families can visit loved ones in…

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