In 2023, seniors were happy to see their Medicare Part B standard monthly premiums and annual deductibles go down for the first time in more than a decade. Unfortunately, that’s not the case for 2024, when these charges will be back on the rise.
Medicaid Pending status means that your application or your parent’s application has not yet been approved or denied. Essentially, your application is in limbo.
The National Council on Aging reports that more than 16.5 million adults 65 and older experience economic insecurity. Rising housing and health care bills can also burden seniors on fixed, limited incomes.
Under Medicaid law, following the death of the Medicaid recipient a state must attempt to recover from his or her estate whatever benefits it paid for the recipient's care.
When individuals cannot manage their finances, courts can appoint guardians. Financial guardianship is for those who need help handling money.
In estate planning and wealth transfer, people sometimes seek strategies that preserve their assets as well as provide them with financial benefits for life. One such strategy is the grantor-retained income trust (GRIT). GRITs offer a unique opportunity for individuals…
Your estate plan should be created with the help of a professional team to provide you with the best advice and legal documentation to ensure your legacy is protected for future generations. Aside from an estate planning attorney, who often…
The number of Americans who are widowed or divorced has reached record levels, causing new partnerships to form among older Americans. The US Census Bureau reports that more than half of all older adults have only married once, opting to stay legally…
An individual can own firearms in a unique way through a gun trust, which enables them to share access to firearms with others while still complying with the law. This approach is beneficial for those who own restricted firearms or…