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Upcoming Changes to Direct Contracting in the Medicare Program
The Biden Administration announced on its website recently that some changes will be made to the Direct Contracting Initiative in the Medicare program. Many have criticized the current program, but rather than terminate it altogether, the administration is changing its name to ‘Global & Professional Direct Contracting Model’ and adding certain protections against abuse.
March 25, 2022
Can You Rule Your Heirs from the Grave?
Many elderly people in today’s society worry about the younger generations. They argue that millennials and even Gen X, Y and Z do not have the work ethic needed to be beneficial to society.
March 23, 2022
What Types of Claims Can Be Made Against the Estate of a Deceased Person?
When someone dies, certain required documents must be filed with Maryland’s Orphan Court. The Register of Wills then issues what is known as Letters of Administration.
March 21, 2022
Are VA Nursing Homes Free for Veterans?
State veterans’ homes are a joint venture between state veterans’ departments and the Department of Veterans’ Affairs. Subsidies come from the state, VA and other sources. Most state homes are nursing homes for veterans, but some homes may also provide assisted living and other care.
March 18, 2022
Taxation of Special Needs Trusts
Typically, a special needs trust is set up for someone who has certain disabilities that allows him or her to receive government benefits. To qualify for many of these benefits your net worth and income levels must remain below specified thresholds.
March 16, 2022
Living Probate Versus Post-Mortem Probate
You often hear that you should see an estate planning attorney to help you avoid probate. Probate is known to be a legal hassle, costly and time-consuming. Most people think of post-mortem probate when they think of probate.
March 14, 2022
What Expatriates Need to Know About Estate Planning
Many American citizens choose to live abroad. Some plan to retire abroad since the U.S. dollar can provide a better quality of life in many other countries. Regardless of your reason to leave the U.S., it is important to get all of your legal affairs in order.
March 11, 2022
Earned Income Tax Credit Now Available to Seniors Without Dependents
The tax filing deadline is quickly approaching. Working seniors may qualify for the earned income tax credit when they file their 2021 tax returns due on Monday, April 18, 2022. The tax credit assists those with low incomes but was previously only available to those with young children.
March 9, 2022
What Happens When the Gift and Estate Tax Exemption Gets Drastically Lower?
Proper estate planning may be necessary to ensure you take full advantage of the current high exemption amounts and do not negatively impact your legacy when the exemption amount decreases. The federal exemption amount will decrease after December 31, 2025.
March 7, 2022
How to Care for Your Pet(s) After You Pass Away
The state of Maryland recognizes pet trusts if they are set up properly. A pet trust is a legal instrument, funded by assets, that specifies how your pet should be cared for should you die or become disabled.
March 3, 2022
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Stouffer Legal, Elder Law Attorney, Towson, MD