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Round-Up of 2021 Modifications for Medicare and Social Security
Now is a great time to get started on long-term care planning as part of a comprehensive estate planning package. Elder Law attorneys use the following information to help you determine your income from government programs like Medicare and Social Security and incorporate these figures into a plan to accomplish your goals.
December 16, 2020
Ombudsman – Advocate for Nursing Home Residents
Many people with senior loved ones residing in nursing home facilities may not be aware of the ombudsman program. The long-term care ombudsmen are advocates for residents of nursing homes and assisted living facilities.
December 14, 2020
Mistakes Executors Make that Land Them in Big Trouble
Being an executor or personal representative in administering an estate of a deceased person is a big responsibility and can often be rather complicated. The executor must inventory assets, notify creditors, file the decedent's final tax return and distribute any remaining property to rightful heirs.
December 11, 2020
Donating to Individuals Has Special Rules
One generally donates to a charitable organization but you can also help individuals. But be wary of rules if you are planning a deduction.
December 10, 2020
Maryland's COVID-19 Vaccination Plan- What it Means for Seniors
The state of Maryland submitted a COVID-19 mass vaccination plan to the Centers for Disease Control and Prevention (CDC). The plan focuses on two major phases of vaccine availability and distribution.
December 9, 2020
Five Steps to Funding a Living Trust
Drafting and signing your living trust does not conclude the estate planning process. It is important that you continue to adequately fund the trust to accomplish your goals.
December 7, 2020
Tips for Hiring a Professional Fiduciary
A fiduciary is a person named in a private agreement or by a court to hold a position of trust. The fiduciary must act in the best interests while handling medical and/or financial affairs for another person either while he or she is still alive or after passing away.
December 4, 2020
Silver Alert: What Does It Mean and How to Avoid Needing It
Individuals who suffer from Alzheimer’s disease and other forms of dementia are prone to wandering. This is often caused by the decline in cognitive functioning and symptoms such as restlessness and confusion that are associated with this decline.
December 3, 2020
How to Remove/Replace a Trustee
Whether you created a revocable or irrevocable trust or you are the beneficiary of a trust, there may come a time when you think the trustee needs to be removed and replaced. Trusts can be a very beneficial component of an estate plan.
December 2, 2020
Preparing the Elderly for a Lonely Winter
As the pandemic rages on and the weather gets cooler, that can mean our senior loved ones find themselves facing a dark, lonely winter. Loneliness can affect anyone of any age; however, it especially impacts those over 70. Loneliness creeps in both for those residing in nursing homes and those residing independently at home.
November 27, 2020
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