As a general rule, parents treat their children's inheritance equally, whether it's property or money. But sometimes, parents intentionally choose to not leave anything to a child, and the reasons for doing so may vary. One reason could be that…
Why wouldn't a family member care for a senior loved one at home instead of paying someone else or transferring them to a healthcare facility? The family member can pay the bills, balance the checkbook, keep the house clean, shop…
Think about how you would feel if you were ill and were unsure whether or not you could afford medical care. Unfortunately, for many Americans, seeking medical care hinges on affordability rather than medical necessity. About half of US adults have gone…
Trusts are generally created when one person or firm manages assets for the benefit of another. The person or entity is known as the trustee and has the responsibility of making decisions in the best interest of the trust beneficiary.…
LASA stands for "look-alike-sound-alike" and is commonly used when referencing medications in healthcare. Both Medicare and Medicaid were started in 1965 under Lyndon B. Johnson's administration in response to the inability of older and low-income people to purchase private insurance. …
It may be necessary for you to act as a power of attorney for a family member or a friend. Your person may be planning for when they might become unable to take care of their affairs. For example, they…
Considering that the federal estate tax exemption allowance is on the verge of being reduced, perhaps it's time to consider how you plan to pass on wealth to your heirs. Senate Democrats are proposing to lower the current estate tax…
No one knows what the future holds. Creating a strategic estate plan will take time and a great estate planning attorney who understands you, your business interests, and your family relationships. Do not overlook the importance of synergy among your…
Most applicants who meet the eligibility requirements for Social Security Disability Insurance (SSDI) are concerned about the monthly payment they will receive. Anyone on a fixed income who can’t work due to a disability needs this information to ensure sufficient…
As banking and bill-paying become more challenging as one age, incapacitation by accident or sudden disease can occur to anyone at any age, creating the same difficulties. Incapacity is not just about mental cognition, accident, or illness. You may have…