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Archives

Monthly Archive for: "September, 2021"
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By David Charous
In Elder Law News
Posted September 29, 2021

What Is the Best Way to Use the Equity from My House to Pay for My Care?

My estate consists of a single-family home that is totally paid off, with a current value of $1 million. My adult children have no need for, nor do they want, an inheritance. I would like to [...]

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By David Charous
In Estate Law News
Posted September 24, 2021

Are There Special Tax Rules for a Gift or Inheritance from a Foreign National?

If you have close relatives who are citizens of another country, you might receive a gift or inheritance from them at some point. While you usually do not have to pay taxes to the IRS for [...]

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By David Charous
In Elder Law News
Posted September 21, 2021

Social Security Shortfalls Are Predicted to Begin a Year Earlier Due to the Pandemic

The Social Security trustees are projecting that due to the economic downturn caused by the pandemic the Social Security trust fund will be depleted in 2033 -- one year earlier than the [...]

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By David Charous
In Estate Law News
Posted September 18, 2021

Make Sure Your Estate Plan and Other Essential Documents Are Safe from Disasters

It’s an unfortunate reality that with the increasing number of natural disasters across the country, including fires, floods, and hurricanes, the chance that you could lose your house and [...]

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By David Charous
In Elder Law News
Posted September 14, 2021

It’s Medicare Open Enrollment Time: Is Your Plan Still Working for You?

Every year Medicare gives beneficiaries a window of opportunity to shop around and determine if their current Medicare plan is still the best one for them. During Medicare's Open Enrollment [...]

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By David Charous
In Elder Law News
Posted September 14, 2021

Armed with a New Report, White House Pushes Congress to Reduce Prescription Drug Costs

The Biden administration is calling on Congress to pass proposals to lower prescription drug prices, including allowing Medicare to negotiate with drug companies and capping out-of-pocket [...]

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By David Charous
In Elder Law News
Posted September 8, 2021

Are My Mother’s Estate Planning Documents Still Valid If the Lawyer Who Prepared Them Is Disbarred?

My mother retired in 2004 and hired an estate planning attorney to prepare a complete estate plan [...]

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By David Charous
In Estate Law News
Posted September 4, 2021

How to Use Intrafamily Loans as Part of Your Estate Plan

When interest rates are low, intrafamily loans can be a good way to assist children with purchasing a house or a family business, and in certain circumstances they can be used to gift money to [...]

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By David Charous
In Elder Law News
Posted September 2, 2021

Online Survey Helps Older Adults Assess Their Financial Vulnerability

All older Americans are vulnerable to financial abuse, but there are certain circumstances that make someone more likely to be scammed. An online survey can help older adults assess their risk [...]

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