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Tax Deadlines Postponed: Free Tax Assistance Available for Seniors
The Internal Revenue Service (IRS) announced that it will be extending the filing date from April 15, 2020 to July 15, 2020. This means that Americans have an additional three months to prepare and file their tax returns.
April 3, 2020
Staying Connected to Senior Loved Ones Among the Covid19 Crisis
America’s response to Covid19 includes new practices to avoid the spread of the novel Coronavirus. The most popular strategy is that of physical distancing, also known as social distancing.
April 2, 2020
What the Elimination of the Widow’s Tax Means for Veterans Benefits
A federal law passed in the 1970’s laid out how Veteran’s Affairs would allocate military survivor payments.
April 1, 2020
How Often Should I Update My Estate Plan?
There are certain life occurrences that take place which merit a prompt review of your estate planning documents and often require some updates as a result. These include:
March 27, 2020
Do Small Estates Have to Go Through Maryland Probate?
We often hear clients ask about whether their small estate will require them to endure a typical, lengthy probate process. There are ways under Maryland statutes to avoid a full estate administration, but several factors, not just monetary value, determines whether you can qualify for Maryland’s Title 5, Subtitle 6 “Small Estates”.
March 26, 2020
Medicaid May Pay a Family Member as a Caregiver
Taking care of an elderly relative is hard work and time-consuming, but it can be profitable work. As a caregiver you will spend countless hours assisting loved ones with daily tasks such as cooking and cleaning, errands, driving them to appointments and keeping them safe.
March 25, 2020
A Medicare Costly Mistake – Knowing the Difference Between a Wellness Check and an Annual Physical
Under the Affordable Care Act, Maryland Medicare beneficiaries receive a free annual wellness visit. This is not to be confused with an annual physical. The difference between the two can be extremely costly.
March 23, 2020
Three Common Probate Avoidance Strategies
When someone passes away, the probate court supervises the administration of the estate by overseeing how the executor notifies creditors, pays debts and disburses the assets to the beneficiaries.
March 20, 2020
Checklist of Items to Leave Behind for Your Loved Ones
Accurate records save time and money, and having an organized estate checklist provides peace of mind to your grieving family members.
March 19, 2020
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