In the past few years, the cost of long-term nursing care has become increasingly astronomical. Based on your location, costs can reach $7,000.00 or more per month. Hundreds of thousands of people presently need that kind of care and the… Read more »
Month: March 2023
What a Divorce Means for Estate Planning
Divorce can be a difficult process. It is a stressful and emotional experience. There are many factors to consider that may also change over time. For younger couples, children are likely a top concern. For older couples, a long-term home,… Read more »
A Tax on Generation-Skipping Transfers
In the US, generation-skipping transfer (GST) is the US government’s tax on transfers of property that skip a generation. Its primary design is to prevent wealthier individuals from avoiding estate and gift taxes by transferring large amounts of assets to… Read more »
Getting the Most Out of Medicaid
Federal and state Medicaid programs provide comprehensive health coverage and financial protection to millions of Americans. The program helps low-income families, individuals, and people with disabilities receive adequate health care and provides nursing home or community long-term care services. As… Read more »
An Overview of the Workings of a Will
According to Care.com’s estate planning survey, 57% of U.S. adults don’t have a Will. The survey found that participants were more likely or less likely to have a Will depending on issues such as age, race, and education. For example,… Read more »